African Business News

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

50322 seplats notice of withdrawal on criminal charges fraudulent cso

Seplat Energy Partners With Firm To Empower Entrepreneurs 

By Ifunanya / August 8, 2023

Seplat Energy Plc in partnership with Conversations for Change has empowered 22 entrepreneurs in the 2022 C4C Global Entrepreneurship Fellowship […]

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90830 nigerias unemployment rate global highest report

Nigeria’s unemployment rate global highest – Report

By Ifunanya / August 8, 2023

Nigeria has the highest global unemployment rate according to the World of Statistics. declared on its Twitter handle on Monday. […]

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90713 experts raise concerns over rising collapse of companies in nigeria

Experts raise concerns over rising collapse of companies in Nigeria

By Ifunanya / August 8, 2023

The news of the imminent exit of GlaxoSmithKline (GSK) from Nigeria sent shockwaves across the country a few days ago. […]

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Nigeria Customs vows to tighten vigilance in border communities

By Ifunanya / August 7, 2023

The Acting Comptroller General of the Nigerian Customs Service, Bashir Adeniyi, has pledged to improve vigilance in border communities to […]

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Nigeria’s N77bn debt shouldn’t be cause for alarm – Senator Jimoh Ibrahim

By Ifunanya / August 6, 2023

Jimoh Ibrahim, the senator representing Ondo South senatorial constituency, said Nigeria’s N77 trillion debt should not be a cause for […]

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90269 standard organisation of nigeria assures quality enforcement of duties

Standard Organisation Of Nigeria Assures Quality Enforcement Of Duties

By Ifunanya / August 6, 2023

Standard Organization of Nigeria (SON) has promises that it will ensure production of quality products in the country. The quality […]

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90234 porous land border responsible for collapse of textile industry manufacturers

Porous land border responsible for collapse of textile industry – Manufacturers

By Ifunanya / August 6, 2023

Textile manufacturers in Nigeria have blamed porous borders for the collapse of the cotton-garment value sector of the country’s economy. […]

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Osun State reiterates commitment to industrialisation

By Ifunanya / August 5, 2023

Governor Adeleke of Osun state Segun Adegoke, OsogboOn Aug 5, 2023 The Government of Osun State has expressed its readiness […]

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Nigeria experiencing horrific business environment – Atiku worried over GlaxoSmithKline’s exit

By Ifunanya / August 5, 2023

Atiku Abubakar, the presidential candidate of the Peoples Democratic Party, PDP, has expressed concern over the planned exit of GlaxoSmithKline […]

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Nigeria’s Central Bank Undergoing Forensic Audit 

By Ifunanya / August 5, 2023

President Bola Tinubu says a comprehensive forensic audit of the Central Bank of Nigeria is underway, while a thorough overhaul […]

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Calls for Free Trade Zone takeoff dominate Delta Summit

By Ifunanya / August 4, 2023

Stakeholders have called for an enabling environment for the smooth takeoff of the Free Trade Zone at Koko, Warri North […]

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89582 afdb achieves global first issues highest ranking hybrid capital

AfDB Achieves Global First, Issues Highest Ranking Hybrid Capital

By Ifunanya / August 4, 2023

The African Development Bank (AfDB) Group has received global recognition for its inaugural hybrid capital issuance, positioning the Bank as […]

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FG warns illegal miners against disrupting Nigeria’s $700bn industry

By Ifunanya / August 4, 2023

The Federal Government, on Thursday, warned against illegal mining activities disrupting Nigeria’s $700 billion industry. According to NAN, the Permanent […]

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NNPC Ltd, NIPCO, partner to deliver CNG to Nigerians

By Ifunanya / August 4, 2023

The Nigerian National Petroleum Company (NNPC) Limited has announced a partnership with NIPCO Gas Limited to deploy Compressed Natural Gas (CNG) […]

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FAAN suspends taxi services at Abuja airport

By Ifunanya / August 3, 2023

The Federal Airports Authority of Nigeria (FAAN) has suspended taxi services at the Nnamdi Azikiwe International Airport (NAIA), Abuja. Abdullahi […]

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89164 n125bn smes grant abuja chamber of commerce laud president tinubu

N125bn SMEs Grant: Abuja Chamber of Commerce Laud President Tinubu

By Ifunanya / August 3, 2023

The Abuja Chamber of Commerce and Industry, ACCI, has lauded Nigeria’s President, Bola Ahmed Tinubu’s plan to strengthen Small and […]

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75649 nigerias debt servicing cost surges to 736 24 trillion in q1 2023

DMO to list additional N130bn Sukuk bond on NGX, FMDQ

By Ifunanya / August 3, 2023

The Debt Management Office (DMO) has announced plans to expand its capital market offering by listing an additional N130 billion […]

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74502 nigeria records significant increase in crude oil production generating n1 27tn in may

Oil prices improve slightly after days of decline

By Ifunanya / August 3, 2023

Oil Prices have continued to go up as crisis in Ukraine and Russia rages on Image: Financial Tribune Oil prices […]

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88928 protest labour unions demand revival of refineries

Protest: Labour Unions Demand Revival Of Refineries

By Ifunanya / August 3, 2023

By Asma’u Halilu, Kaduna On Aug 2, 2023 The Nigeria Labour Congress, NLC, in collaboration with the Trade Union Congress, TUC […]

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Hardship: Nigerian Breweries announces beer price hike

By Ifunanya / August 2, 2023

Amid the hardship caused by fuel subsidy removal, the Nigerian Breweries announced that it would hike the price of alcoholic […]

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