African Business News

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

Tinubu, Google commit to plan to create one million jobs for Nigerians

By Ifunanya / July 28, 2023

President Bola Tinubu has expressed the willingness of the Federal Government of Nigeria to support global tech giant Google Incorporated […]

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House Urges NNPCL To Suspend Acquisition Of OVH Energy Marketing

By Ifunanya / July 28, 2023

The House of Representatives has urged the Nigeria National Petroleum Company Limited (NNPCL) to immediately suspend the acquisition of OVH […]

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87028 155 nigerian textiles companies collapsed in few years senator jibrin

155 Nigerian textiles companies collapsed in few years – Senator Jibrin

By Ifunanya / July 28, 2023

Senator Walid Jibrin, a former Chairman of the Textile Manufacturers Association of Nigeria, has said 155 Nigerian textile companies collapsed […]

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CBN pegs transactions on PAPSS by dealer banks to $200,000

By Ifunanya / July 28, 2023

The Central Bank of Nigeria (CBN) has limited the number of dollars to be transacted on the Pan-African Payment and […]

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86806 over 300m africans go hungry daily afreximbank president oramah

Over 300m Africans go hungry daily – Afreximbank President Oramah

By Ifunanya / July 27, 2023

The African Export-Import Bank, Afrixembank, said over 300 million Africans go hungry daily due to food insecurity. According to NAN, […]

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Council Trains New Exporters On Rudiments Of Export Business In Imo State

By Ifunanya / July 27, 2023

The Nigerian Export Promotion Council, NEPC has organised training for the newly registered exporters in Imo State on rudiments of […]

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86665 100000 companies to lose cac registration for not publishing returns registrar abubakar

100,000 companies to lose CAC registration for not publishing returns – Registrar, Abubakar

By Ifunanya / July 27, 2023

The Corporate Affairs Commission, CAC, has listed 100,000 to be delisted from the Commission’s register for not publishing returns to […]

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86441 anambra state to share in african continental market worth 3 4 trillion

Anambra State To Share In African Continental Market Worth $3.4 Trillion

By Ifunanya / July 27, 2023

The Anambra State Government says the Made in Anambra Export policy initiative will give the state a share of the […]

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86343 google enables naira payments on play store

Google enables Naira payments on Play Store

By Ifunanya / July 27, 2023

Google has partnered with Verve to make digital transactions on Google Play Store easier for Nigerians. The firm noted that […]

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Cooking gas price drops by 6.71% to N4000 for 5kg cylinder – NBS

By Ifunanya / July 26, 2023

The average price for a 5kg cylinder of Liquefied Petroleum Gas, known as cooking gas, decreased by 6.71 per cent […]

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86213 ex minister advocates utilisation of research for economic growth

Ex Minister Advocates Utilisation Of Research For Economic Growth

By Ifunanya / July 26, 2023

Last updated Jul 26, 2023 Mr Babatunde Fashola, a former Minister of Works and Housing , said that research capacity […]

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High exchange rates, taxes killing private businesses – Nigerian importer Akinola tells Tinubu

By Ifunanya / July 26, 2023

Lagos based businessman, Banji Akinola has urged President Bola Tinubu to save private businesses from collapse by reducing the current […]

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85991 french team on study visit to kwara state

French Team On Study Visit To Kwara State

By Ifunanya / July 26, 2023

The Kwara State Government has again reiterated its commitment to invest in livestock through regular release of funds, to further […]

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CBN MPC raises interest rate to 18.75%

By Ifunanya / July 25, 2023

The Central Bank of Nigeria’s Monetary Policy Committee has moderately hiked monetary policy rates to 18.75 per cent. The acting […]

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Ogun State Government Approves cash Pallatives for citizens

By Ifunanya / July 25, 2023

Ogun state Government in Southwest Nigeria has approved cash palliatives and others to reduce the effects of the removal of […]

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85832 fg raises alarm over increasing extortion on port access roads

FG raises alarm over increasing extortion on port access roads

By Ifunanya / July 25, 2023

The Federal government has raised the alarm over increasing extortion along access roads of the Lagos and Tin Can Island […]

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85732 ngx market capitalisation inches up by n144 billion

NGX market capitalisation inches up by N144 billion 

By Ifunanya / July 25, 2023

Chiamaka Okechukwu On Jul 24, 2023 Equities investors witnessed gains on the flour of the Nigerian Exchange Group Limited, NGX, as […]

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20978 fg states lgcs share n750bn for january

N790bn savings from FAAC raises concerns amid hardship

By Ifunanya / July 25, 2023

Financial experts have raised concerns over the N790 billion saving from June’s distributable revenue of N1.9 trillion amid the economic […]

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Nigeria seeks real partnership, not handouts – VP Shettima to world leaders

By Ifunanya / July 24, 2023

Vice President Kashim Shettima said Nigeria is seeking real investment partnerships, not handouts from the international community. Shettima disclosed this […]

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48601 pos operators record 1 15trn transactions in march 2023

FG to fine PoS agents N10m over service charge increment

By Ifunanya / July 24, 2023

The federal government has said Point of Sale, PoS agents found guilty of price fixing will pay a fine of […]

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