African Business News

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

FG generated N193.59bn from solid minerals in 2021 – NEITI

By Ifunanya / September 5, 2023

The Federal Government generated N193.59 billion from the solid minerals sector in 2021. The sector also contributed N814.59 billion between […]

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Nigeria to establish solid minerals corporation to attract investment

By Ifunanya / September 4, 2023

The minister of solid minerals, Dele Alake, says the Government will soon establish the Nigerian solid minerals corporation. The minister […]

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91135 nigeria loses n20trn to tax underpayment presidential tax cttee chair

Nigeria’s Company Income Tax rises to N1.53trn in Q2 2023

By Ifunanya / September 4, 2023

Nigeria’s Company Income Tax, CIT increased by 226.40 percent N1.53 trillion in the second Quarter of 2023 compared to N469.01 […]

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96123 why tinubu entrusted me with the ministry of solid minerals reveals dele alake

Solid minerals will contribute 50 per cent to nation’s GDP – Minister

By Ifunanya / September 4, 2023

The Minister of Solid Minerals Development, Mr Dele Alake says that solid minerals will contribute 50 per cent to the […]

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Expert Advocates Tightening of Intellectual Property Rights in Internarional Markets

By Ifunanya / September 4, 2023

An International Trade Specialist, Heuda Farsh Guessous, has advocated the need to secure intellectual property rights in the international markets […]

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FG to set up taskforce against illegal miners

By Ifunanya / September 4, 2023

The federal government has unveiled plans to create a task force against illegal miners. The Minister of Solid Minerals Development, […]

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101318 governor soludo promises to end illegal tax collection

Governor Soludo promises to end illegal tax collection

By Ifunanya / September 3, 2023

The Governor of Anambra State, Professor Chukwuma Charles Soludo has assured manufacturers, importers and exporters in the state of absolute […]

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101289 fgs q1 2023 expenditure exceeds revenue by n1 4trn cbn

FG’s Q1 2023 expenditure exceeds revenue by N1.4trn – CBN

By Ifunanya / September 3, 2023

The federal government’s expenditure exceeded its revenue by N1.43 trillion in the first quarter of 2023. The Central Bank of […]

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35754 review cashless policy small business owners tell fg

Currency Swap will reduce reliance on dollars – Economist

By Ifunanya / September 3, 2023

A former Director-General of West African Institute for Financial and Economic Management, WAIFEM Prof. Akpan Ekpo has urged the CBN […]

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101185 take currency swap with china seriously reduces reliance on dollar economist tells fg

Take currency swap with China seriously, reduces reliance on Dollar- Economist tells FG

By Ifunanya / September 3, 2023

An economist and the former Director General of the West African Institute for Financial and Economic Management, Prof Akpa Ekpo, […]

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101098 brent crude oil reaches over 88 per barrel highest in eight months

Brent crude oil reaches over $88 per barrel, highest in eight months

By Ifunanya / September 3, 2023

Brent crude oil traded at an increased price of over $88 per barrel, the highest in the last eight months. […]

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President Tinubu’s Administration Will Tackle Inflation-Minister

By Ifunanya / September 2, 2023

Temitope Mustapha, AbujaOn Sep 2, 2023 Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun says […]

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100980 nipost unveils n255 commemorative stamp

NIPOST unveils N255 commemorative stamp

By Ifunanya / September 2, 2023

The Nigerian Postal Service has unveiled a N255 commemorating stamp to mark the Pan African Postal Union Tower launch in […]

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100893 nigerian government set to review tax incentives

Nigerian Government set to review tax incentives

By Ifunanya / September 2, 2023

Elizabeth Christopher, AbujaOn Sep 2, 2023 The Nigerian Government has announced plans to review the existing tax incentives given to […]

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100866 fuel price will drop to n200 per litre with functional refineries ipman

Fuel price will drop to N200 per litre with functional refineries – IPMAN

By Ifunanya / September 2, 2023

Joseph Obele, the Chairman, Independent Petroleum Marketers Association of Nigeria, Rivers State Chapter has said the price of Premium Motor […]

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100783 its fake elumelu debunks report of being penned down as cbn governor

It’s fake – Elumelu debunks report of being penned down as CBN Governor

By Ifunanya / September 2, 2023

The Chairman of United Bank for Africa Group, Tony Elumelu has debunked reports making the rounds that he is being […]

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President Tinubu Optimistic Nigeria Will Overcome Economic Challenges

By Ifunanya / September 1, 2023

President Bola Tinubu says the economic turbulence Nigeria finds itself is not without silver lining but strong adherence to accountability […]

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100672 fg to clamp down on illegal miners to boost revenue generation

FG to clamp down on illegal miners to boost revenue generation

By Ifunanya / September 1, 2023

The Minister of Solid Minerals Development, Dele Alake, said he would clamp down on illegal miners to boost the country’s […]

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100587 lagos airport expansion nigerian government to demolish private jet hangars

Lagos Airport Expansion: Nigerian government to demolish private jet hangars

By Ifunanya / September 1, 2023

The Federal Government has said it will demolish two multibillion-naira private jet terminals/aircraft hangars to pave the way for the […]

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20978 fg states lgcs share n750bn for january

FG, States, LGs share N4.37trn FAAC allocations Jan-June 2023

By Ifunanya / September 1, 2023

The three tiers of government – the Federal, States and Local Government Councils (LGs), shared a total of N4.37 trillion […]

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