African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

110707 nepc presents second national conference on non oil export building a sustainable national economy

NEPC Presents Second National Conference on Non-Oil Export: Building a Sustainable National Economy

By Ifunanya / September 29, 2023

In a bid to propel the Nigerian currency towards stability and growth, the Nigerian Export Promotion Council (NEPC) has announced […]

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NNPC Breaks Silence on Fuel Pump Price Hike Amid Rising Crude Oil Prices

By Ifunanya / September 28, 2023

The Nigerian National Petroleum Corporation Limited, NNPC, has provided an update on the fuel pump price in light of the […]

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110549 nigerian government allocates n75 billion to support 100000 start ups and msmes

Nigerian Government Allocates N75 Billion to Support 100,000 Start-ups and MSMEs

By Ifunanya / September 28, 2023

The Nigerian government has announced the allocation of a N75 billion fund to provide support for 100,000 start-ups and Micro […]

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110443 brent crude surges to 96 17 per barrel amidst production cuts

Brent Crude Surges to $96.17 per Barrel Amidst Production Cuts

By Ifunanya / September 28, 2023

Brent crude oil has seen a significant surge, reaching $96.17 per barrel on Thursday, according to the latest data from […]

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110377 national assembly budget has remained unchanged for 13 years says speaker abbas

National Assembly Budget Has Remained Unchanged for 13 Years, Says Speaker Abbas

By Ifunanya / September 28, 2023

The Speaker of the House of Representatives, Hon. Abbas Tajudeen, has revealed that the annual budget allocated to the National […]

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110277 metre manufacturers rally behind power minister adebayo adelabu in addressing power sector challenges

Metre Manufacturers Rally Behind Power Minister, Adebayo Adelabu, in Addressing Power Sector Challenges

By Ifunanya / September 28, 2023

The Association of Metre Manufacturers of Nigeria (AMMON) has shown unwavering support for the Minister for Power, Adebayo Adelabu. In […]

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110238 nigeria must prioritize digital transformation for economic diversification

Nigeria Must Prioritize Digital Transformation for Economic Diversification

By Ifunanya / September 28, 2023

Abuja, September 27, 2023 – Engineer Mustapha Bello, former Minister of Commerce in Nigeria, has urged the Nigerian government to […]

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110080 cbn governor olayemi cardoso pledges to clear dollar debts and suspend intervention loans

CBN Governor Olayemi Cardoso Pledges to Clear Dollar Debts and Suspend Intervention Loans

By Ifunanya / September 27, 2023

The newly appointed Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has outlined his plans to tackle the […]

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23539 over 75 per cent of cbn anchor borrowers loans unpaid imf

Reduce fiscal deficit to avoid debt crisis – IMF tells Nigeria, others

By Ifunanya / September 27, 2023

The International Monetary Fund, IMF, has called on Nigeria and other Sub-Saharan African countries to reduce the fiscal deficit by […]

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109936 bank of industry ceo receives african banking award in new york

Bank of Industry CEO Receives African Banking Award in New York

By Ifunanya / September 27, 2023

The Chief Executive of Nigeria’s Bank of Industry (BoI), Olukayode Pitan, was recently presented with the prestigious Special African Banking […]

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109848 ngx equities continue to experience bearish trends

NGX Equities Continue to Experience Bearish Trends

By Ifunanya / September 27, 2023

By Salamatu Ejembi Lagos, Nigeria – In a continuation of recent market trends, bearish sentiments prevailed on Tuesday’s equities trading […]

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109687 ndic empowers law enforcement agents and legal practitioners through training

NDIC Empowers Law Enforcement Agents and Legal Practitioners through Training

By Ifunanya / September 26, 2023

In a bid to enhance knowledge and collaboration, the Nigeria Deposit Insurance Corporation (NDIC) has trained approximately 350 law enforcement […]

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Dollarized corruption reason for crumbling Naira – Economist Nnachi

By Ifunanya / September 26, 2023

Dr Onuoha Nnachi, an economist, says dollarized corruption is the reason for the foreign exchange crisis in Nigeria. Nnachi, the […]

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109456 nuee criticizes power minister adebayo for neglecting stakeholders

NUEE Criticizes Power Minister, Adebayo, for Neglecting Stakeholders

By Ifunanya / September 26, 2023

Dominic Igwebike, the Acting General Secretary of the National Union of Electricity Employees (NUEE), has expressed disappointment with the Minister […]

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109424 equities market opens trading week with bearish performance

Equities market opens trading week bearish

By Ifunanya / September 26, 2023

Salamatu Ejembi, Lagos Last updated Sep 25, 2023 The Nigerian equities market commenced this week’s trading activities with a bearish […]

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109231 cppe urges cbn governor to urgently address forex crisis in nigeria

CPPE Urges CBN Governor to Urgently Address Forex Crisis in Nigeria

By Ifunanya / September 25, 2023

The Centre for the Promotion of Private Enterprise (CPPE) has called upon the newly appointed Governor of the Central Bank […]

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Ooni of Ife calls for clamp down on Dollar hoarders

By Ifunanya / September 25, 2023

The Federal Government has been advised to clamp down on Nigerians who engage in hoarding Dollars. The Ooni of Ife, […]

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109024 cppe urges cbn governor cardoso to swiftly address forex crisis

CPPE Urges CBN Governor Cardoso to Swiftly Address Forex Crisis

By Ifunanya / September 25, 2023

The Centre for the Promotion of Private Enterprise (CPPE) has called on Olayemi Cardoso, the newly appointed Governor of the […]

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108973 foreign investors to benefit from fct ministers promised better deal

FCT Minister promises better deal to foreign investors

By Ifunanya / September 24, 2023

By Hudu Yakubu AbujaLast updated Sep 24, 2023 The authority of the Federal Capital Territory Administration, FCTA, has assured foreign […]

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108841 nigerian government launches national talent export programme to boost job creation

Nigerian Government Launches National Talent Export Programme to Boost Job Creation

By Ifunanya / September 24, 2023

The Nigerian government has recently introduced the National Talent Export Programme (NATEP), a strategic initiative aimed at creating one million […]

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