African Business News

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

104718 itf charges governors on youths empowerment

ITF charges governors on youths empowerment

By Ifunanya / September 13, 2023

The Director-General of the Industrial Training Fund (ITF), Mr Joseph Ari, has urged governors of the 19 northern states to […]

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24529 naira loses further at official market amid currency scarcity

Naira gains against dollar, exchanges at N742

By Ifunanya / September 13, 2023

The Naira on Tuesday appreciated marginally against the dollar as it exchanged at N742.10 at the official window. According to […]

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104525 ngx sustains bearish trend with 0 8 loss

NGX sustains bearish trend with 0.8% loss

By Ifunanya / September 13, 2023

It was a bearish close on the Nigerian Stock Exchange last week Toyin AjadiLast updated Sep 12, 2023 Tuesday’s trading […]

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Nigeria records 148 crude oil theft incidents in Six days – NNPCL

By Ifunanya / September 13, 2023

The Nigerian National Petroleum Company Limited (NNPCL) said it documented 148 crude oil theft incidents between September 2 and 8, […]

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104421 transport minister flags off freight train services at lagos port

Transport Minister flags-off freight train services at Lagos port

By Ifunanya / September 12, 2023

David Adekunle, LagosLast updated Sep 12, 2023 Minister of Transportation, Saidu Alkali has officially flagged off the freight train service […]

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Nigeria’s revenue from postal services dropped to N3.01bn in 2022 – NBS

By Ifunanya / September 12, 2023

Nigeria’s revenue from postal services dropped by 17.05 per cent to N3.01 billion in 2022 from N3.63 billion in the […]

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104289 nigerian states get msme support

Nigerian States Get MSME Support

By Ifunanya / September 12, 2023

Timothy Choji, AbujaLast updated Sep 12, 2023 In a bid to complement the Nigerian Government’s efforts to improve the economy […]

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104236 fg mulls tax cuts over economic hardship

FG mulls tax cuts over economic hardship

By Ifunanya / September 12, 2023

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, says the federal government is […]

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104148 nigerias founding chartered accountant akintola williams dies at 104

Nigeria’s founding chartered accountant, Akintola Williams dies at 104

By Ifunanya / September 12, 2023

Akintola Williams, a pioneer chartered accountant in Nigeria and Africa, is dead. The doyen of accounting died at the age […]

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NGX resumes week bearish, drops by 1.24%

By Ifunanya / September 11, 2023

Toyin AjadiLast updated Sep 11, 2023 The market index of equities transactions on the Nigerian Exchange dropped by 1.24% to […]

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104006 nigerias constitution should be amended to make it compulsory for govt agencies to submit yearly financial statements taiwo oyedele

Nigeria’s constitution should be amended to make it compulsory for govt agencies to submit yearly financial statements – Taiwo Oyedele

By Ifunanya / September 11, 2023

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, says Nigeria’s constitution should be amended […]

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103939 abcon seeks cbns support for digital transition

ABCON seeks CBN’s support for digital transition

By Ifunanya / September 11, 2023

Last updated Sep 11, 2023 The Association of Bureaux de Change Operators of Nigeria(ABCON) has called on the Central Bank […]

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Tinubu woos Volkswagen, other manufacturers back to Nigeria

By Ifunanya / September 11, 2023

President Bola Ahmed Tinubu, on the sideline of the G-20 summit in India, met with German Chancellor Olaf Scholz to […]

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FG has secured $163m AfDB loan for wheat production – Shettima

By Ifunanya / September 11, 2023

Vice President Kashim Shettima has disclosed that the African Development Bank (AfDB) has agreed to loan Nigeria $163 million to […]

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President Tinubu Engages Key Partners in Economic Diplomacy

By Ifunanya / September 10, 2023

Nigeria’s President, Bola Tinubu has met with the Heads of State of three nations identified as key partners in his […]

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Nigeria earned only N188.03m from cargo conveyed via rail transport in Q2 2023 – NBS

By Ifunanya / September 10, 2023

Nigeria earned only N188.03 million from goods or cargo conveyed through rail transport in the second quarter of 2023. This […]

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28305 eedc introduces accelerated settlement of arrears project

EEDC expresses regret over power outage in Anambra

By Ifunanya / September 10, 2023

The management of the Enugu Electricity Distribution Company (EEDC) has expressed regret over the power outage being experienced by its […]

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Anambra State Governor Signs Economic Agreements With 13 Organisations

By Ifunanya / September 9, 2023

The Anambra State Government has signed a Memorandum of Understanding with 13 organisations across different economic sectors including commerce and […]

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Metered electricity customers in Nigeria increase to 5.47m in Q2 2023

By Ifunanya / September 9, 2023

Metered electricity customers in Nigeria increased to 5.47 million in the second quarter of 2023. The National Bureau of Statistics’ […]

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103143 global rice prices hit 15 year high in august fao

Global rice prices hit 15-year high in August – FAO

By Ifunanya / September 9, 2023

Global rice prices have increased to a 15-year high according to reports released in August. The Agriculture Organization (FAO), in […]

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