African Business News

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

107116 nigeria seeks economic partnerships with global community

Nigeria Seeks Economic Partnerships With Global Community

By Ifunanya / September 20, 2023

President Bola Ahmed Tinubu says Nigeria welcomes partnerships with nations that do not mind seeing the country and Africa assume […]

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45166 pilots brain drain hits africa iata

Foreign airlines’ blocked funds drop to $783m – IATA

By Ifunanya / September 20, 2023

The International Air Transport Association says that its members’ trapped funds in Nigeria account for $783 million as of August […]

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107003 nigerias market sustains bull run

Nigeria’s market sustains bull run

By Ifunanya / September 20, 2023

Equities investors witnessed another 0.71 percent profit at the end of Tuesday’s trading session on the floor of the Nigerian […]

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106956 customs calls for collaborative effort to unlock funtua inland dry ports potential

Customs calls for collaborative effort to unlock Funtua Inland Dry Ports’ potential

By Ifunanya / September 20, 2023

The Katsina State Customs Area Controller, Muhammad Umar, has urged all stakeholders to join hands in harnessing the untapped potential […]

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106900 financial institution calls for collaboration to tackle digital threats

Financial institution calls for collaboration to tackle digital threats

By Ifunanya / September 19, 2023

Africa’s Global Bank, the United Bank for Africa (UBA), has emphasized the need for stakeholders in Nigeria’s financial sector to […]

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25653 aedc alerts customers on power outage in abuja

AEDC confirms power outage in parts of FCT

By Ifunanya / September 19, 2023

The Abuja Electricity Distribution Company, AEDC, says a technical fault on its feeder is the reason for a power outage […]

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32450 ncc launches telcare centre at abuja airport

5G subscriptions rise to 500,000- NCC

By Ifunanya / September 19, 2023

The Executive Chairman, Nigerian Communications Commission, Prof. Umar Danbatta, has said Nigeria’s Fifth Generation network subscription hit half a million […]

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106713 78th unga tinubu advances economic drive with south africa

78th UNGA: Tinubu advances economic drive with South Africa

By Ifunanya / September 19, 2023

President Bola Ahmed Tinubu has advanced his economic development and diplomatic drive for investment attraction with South Africa on the […]

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106666 stock market index gains 0 71

Stock market index gains 0.71%

By Ifunanya / September 19, 2023

The Nigerian Stock Market started on a positive territory as it gained 0.71 percent on its benchmark index at the […]

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Nigeria’s oil and gas sector grapples with $8.2bn unsettled debt – NEITI

By Ifunanya / September 19, 2023

The Nigerian Extractives Industries Transparency Initiative (NEITI) says the total outstanding financial liabilities in the oil and gas sector owed […]

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106561 banking sector pledges support for nigerian government economic agenda

Banking Sector Pledges Support For Nigerian Government Economic Agenda

By Ifunanya / September 18, 2023

Timothy Choji, AbujaLast updated Sep 18, 2023 The Banking sector in Nigeria is throwing its weight behind the economic agenda […]

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106487 12 5kg gas may hit n18000 in three months retailers raise alarm

12.5kg gas may hit N18,000 in three months – Retailers raise alarm

By Ifunanya / September 18, 2023

Nigerian gas retailers have raised the alarm that the 12.5kg cooking gas price may increase to N18,000 by December if […]

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106420 afdb finance alliance renew partnership to support women entrepreneurs

AfDB, Finance Alliance renew partnership to support women entrepreneurs

By Ifunanya / September 18, 2023

The African Development Bank (AfDB) and the Alliance for Financial Inclusion (AFI) have renewed a project partnership to support Africa’s […]

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106318 nigerian mining corporation will boost foreign investment minister

Nigerian mining corporation will boost foreign investment – Minister

By Ifunanya / September 18, 2023

The Minister of Solid Minerals Development, Dr Dele Alake, has disclosed that the Nigerian Mining Corporation will attract local and […]

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CBN’s ABP marred by low recovery of loans – Stakeholders

By Ifunanya / September 18, 2023

Some stakeholders have decried the low recovery of loans granted some farmers under the Anchor Borrowers Programme (ABP). The News […]

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106217 kwara government reassures commitment to ease of doing business

Kwara government reassures commitment to ease of doing business

By Ifunanya / September 17, 2023

Tunde Akanbi, IlorinLast updated Sep 17, 2023 The Kwara State Government, North Central Nigeria has again reassured the Kwara Chambers […]

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71627 nnpcl withheld n8 48trn oil subsidy since january 2022 rmafc

Political office holders not overpaid – RMAFC chief, Shehu

By Ifunanya / September 17, 2023

The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Alhaji Muhammed Shehu, has claimed that political office holders […]

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106097 bua cement to reduce cement prices by 40

BUA Cement to Reduce Cement Prices By 40%

By Ifunanya / September 17, 2023

By Temitope Mustapha, AbujaLast updated Sep 17, 2023 BUA Cement Plc says with the commissioning of two new plants by the […]

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106042 erstwhile finance commissioner had no rift with gov soludo media aide

Erstwhile finance commissioner had no rift with Gov Soludo – Media aide

By Ifunanya / September 17, 2023

Mr Christian Aburime, Press Secretary to Anambra governor, Chukwuma Soludo has dismissed suggestions that erstwhile finance commissioner, Ifeajuna Onejeme resigned […]

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105997 nnpc indorama sign mou on gas supply

NNPC, Indorama Sign MoU on Gas Supply

By Ifunanya / September 17, 2023

As part of their shared interests in Nigeria’s hydrocarbon value chain, the Nigerian National Petroleum Corporation (NNPC) Ltd and Indorama […]

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