African Business News

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

CPPE tells Tinubu how to curb volatility of forex market

By Ifunanya / July 23, 2023

Amid the volatility in the foreign exchange market, the Centre for the Promotion of Private Enterprise has proffered solutions to […]

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85217 tinubus administration reveals plans to cut multiple taxes from 52 to 10

Tinubu’s administration reveals plans to cut multiple taxes from 52 to 10

By Ifunanya / July 23, 2023

Amid the fuel increment hardship faced by the masses, the Federal Government has revealed that it will, in the coming […]

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NNPCL gives reason for paying N123bn interim dividend to FAAC

By Ifunanya / July 22, 2023

The Nigerian National Petroleum Company Limited (NNPCL) has given reasons for paying an interim dividend of N123 billion to the […]

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Vulnerable households in the National Social Registry hits 15.7 million

By Ifunanya / July 22, 2023

The number of poor and economically insecure households registered in the National Social Registry has climbed to 15.7 million, the […]

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Again Naira drops against US dollar, exchanges at N777.82

By Ifunanya / July 22, 2023

Again, Nigeria’s currency, the Naira, depreciated against the Dollar, exchanging at N777.82 at the Investors’ and Exporters’ window. According to […]

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9033 papu day embrace e commerce for cross border services delivery moyo nipost urge businesses

Private Logistics operators can’t displace NIPOST – Postmaster General, Adepoju

By Ifunanya / July 22, 2023

The Nigerian Postal Service says private players in the logistics sector cannot displace its relevance. It also reiterated the need […]

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Subsidy Removal: Firm To Train Technicians On Auto-Gas Conversion

By Ifunanya / July 21, 2023

By Zeniat Abubakar, AbujaOn Jul 21, 2023 An indigenous firm, Autolady Engineering Technology Limited, under its subsidiary company, Autogas Nigeria […]

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84678 faac allocation uwaleke advises tinubu government what to do with junes revenue

FAAC allocation: Uwaleke advises Tinubu government what to do with June’s revenue

By Ifunanya / July 21, 2023

Professor of Finance and Capital Markets, Uche Uwaleke, has identified ways the Federal Government can utilise the over N1.9 trillion […]

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Nigeria Customs Records Revenue Growth on Non-Oil Export

By Ifunanya / July 21, 2023

The Nigeria Customs Service, Tin Can Island Port Command has recorded an impressive revenue drive on non-oil export with an […]

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84430 ministry seeks robust partnerships to enhance mining sector

Ministry seeks robust partnerships to enhance mining sector

By Ifunanya / July 21, 2023

Last updated Jul 21, 2023 The Federal Ministry of Mines and Steel Development has called for more robust collaborations between […]

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Naira slightly appreciates against Dollar, exchanges at N768 at official window

By Ifunanya / July 21, 2023

There is respite as the country’s currency, the Naira, appreciated on Thursday against the Dollar, exchanging at N768.16 at the […]

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84339 cbn revokes licenses of 2698 bureau de change operators

CBN Revokes Licenses of 2,698 Bureau De Change Operators

By Ifunanya / July 20, 2023

The Central Bank of Nigeria (CBN) has reduced the number of Bureau de Change (BDC) dealers to 2,991 from the […]

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CBN revokes 2,991 BDC licences

By Ifunanya / July 20, 2023

The Central Bank of Nigeria (CBN) has reduced the number of approved Bureau de Change (BDC) dealers to 2,991 from […]

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84211 vp shettima presides as nigerias economic council meets

VP Shettima Presides As Nigeria’s Economic Council Meets

By Ifunanya / July 20, 2023

By Cyril Okonkwo, AbujaLast updated Jul 20, 2023 A meeting of the National Economic Council, NEC, has begun in the […]

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NECA reveals what Tinubu’s government must do to halt debt overhang

By Ifunanya / July 20, 2023

The Nigeria Employers Consultative Association, NECA, has told President Bola Ahmed Tinubu’s government how to avoid debt overhang. Taiwo Adeniyi, […]

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84092 bolt uber drivers lament hardship over fuel hike

Bolt, Uber drivers lament hardship over fuel hike

By Ifunanya / July 20, 2023

The Amalgamated Union of App-Based Transport Workers of Nigeria (AUATWON) has expressed dismay over its members’ continuous hardship due to […]

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Economy: President Tinubu Continues Consultation

By Ifunanya / July 19, 2023

Timothy Choji, Abuja On Jul 19, 2023 Nigeria’s President, Bola Tinubu has continued consultation with key players on how to get […]

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40598 fccpc gives update on approval of 173 digital lending apps

Fuel hike: FCCPC vows to clamp down on anti-competitive food prices

By Ifunanya / July 19, 2023

Amid hikes in fuel pump prices, the Federal Competition and Consumer Protection Commission (FCCPC) says it is critical to address […]

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83872 nigerian economic summit group appoints tayo adeloju as ceo

Nigerian Economic Summit Group appoints Tayo Adeloju as CEO

By Ifunanya / July 19, 2023

Last updated Jul 19, 2023 The Nigerian Economic Summit Group (NESG) has appointed Dr. Tayo Aduloju as its new Chief […]

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Fuel hike: Let’s pray against further price increment – IPMAN to Nigerians

By Ifunanya / July 19, 2023

Amid the hike in the price of Premium Motor Spirit, popularly known as petrol, to N617 per litre, the Independent […]

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