African Business News

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

79503 nigerian emerges president of the organisation of african insurance supervisory authorities

Nigerian emerges President of the Organisation of African Insurance Supervisory Authorities

By Ifunanya / July 7, 2023

Car insurance coverage illustration. Image: Chatmogul Elizabeth ChristopherOn Jul 7, 2023 Nigeria’s Commissioner for Insurance, Mr. Olorundare Sunday Thomas has […]

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Tinubu’s suspension of arbitrary taxes signals commitment to creating enabling environment – CPPE

By Ifunanya / July 7, 2023

The Centre for the Promotion of Private Enterprise, CPPE, has mentioned President Bola Ahmed Tinubu’s suspension of arbitrary taxes signals […]

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79366 nasarawa state assembly to make legislation that will support oil exploration

Nasarawa State Assembly To Make Legislation That Will Support Oil Exploration

By Ifunanya / July 7, 2023

Speaker of the Nasarawa State House of Assembly, Rt. Hon Balarabe Abdullahi says laws can be promulgated by the House […]

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79361 electricity indigenous manufacturers kick against fgs plans to use 155m world bank loan to import metres

Electricity: Indigenous manufacturers kick against FG’s plans to use $155m World Bank loan to import metres

By Ifunanya / July 7, 2023

The Association of Meter Manufacturers and Assemblers Nigeria, AMMON, has kicked against the plan of the Federal Government to use […]

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79229 expert warns nigerians against diaspora investment through wrong channels

Expert warns Nigerians against diaspora investment through wrong channels

By Ifunanya / July 6, 2023

Amid financial challenges dealing with the Nation, a Financial knowledgeable has suggested Nigerians in diaspora to not make investments their […]

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President Tinubu Suspends Tax On Telecom Services

By Ifunanya / July 6, 2023

President Bola Ahmed Tinubu By Timothy Choji, Abuja On Jul 6, 2023 President Bola Tinubu has approved the suspension of five […]

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79094 pia fg to rake in revenue from fines sanctions momans chairman adeosun

PIA: FG to rake in revenue from fines, sanctions – MOMAN’s Chairman, Adeosun

By Ifunanya / July 6, 2023

The Chairman of the Major Oil Marketers Association of Nigeria has mentioned the nation would rake in revenue from fines […]

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Tinubu backs completion of Africa’s largest gas project worth $5bn

By Ifunanya / July 6, 2023

President Bola Ahmed Tinubu has mentioned the Federal Government will help implementation of a $5 billion Liquefied Natural Gas Limited […]

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Nigerian SMEs Get a Boost Through Tech Solutions

By Ifunanya / July 5, 2023

Small and Medium Enterprises (SMEs) in Nigeria are set to get a boost through an innovative all-in-one technology application, called […]

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40598 fccpc gives update on approval of 173 digital lending apps

FCCPC to investigate PoS vendors in Lagos over price fixing

By Ifunanya / July 5, 2023

The Federal Competition and Consumer Protection Commission (Commission) has mentioned it might begin a probe of Point of Sales vendors […]

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78696 iata reports significant growth in africas aviation sector

IATA Reports Significant Growth in Africa’s Aviation Sector

By Ifunanya / July 5, 2023

International Air Transport Association (IATA) has announced a remarkable growth in Nigeria’s passenger traffic and seat capacity. The numbers have […]

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78687 msmes tinubus administration to drive domestic and foreign investments says perm sec ngige

MSMEs: Tinubu’s Administration to Drive Domestic and Foreign Investments, Says Perm Sec, Ngige

By Ifunanya / July 5, 2023

The federal government has restated its commitment to revitalize the Micro, Small, and Medium Enterprises (MSMEs) sector in order to […]

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78620 ngx market indices decline by 1 99

NGX: Market Indices Decline By 1.99%

By Ifunanya / July 4, 2023

By Toyin Ajadi, Lagos The Nigerian Equities Market saw a downturn on Tuesday as gains from the previous day’s trading […]

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78485 fuel subsidy removal and forex unification tinubu maintains confidence in nigerias path to success

Fuel subsidy removal, forex unification: We’re on track – Tinubu

By Ifunanya / July 4, 2023

President Bola Ahmed Tinubu has expressed confidence that his administration is on the path to success despite the country’s challenges, […]

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78473 kano state government prioritizes irrigation farming to increase food security

Kano State Government Prioritizes Irrigation Farming to Increase Food Security

By Ifunanya / July 4, 2023

By Jack Acheme, Kano On July 4, 2023 The Kano State Government in North Western Nigeria has made a firm […]

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24529 naira loses further at official market amid currency scarcity

Naira Appreciates by 3.61% and Exchanges at N741.50 Against US Dollar

By Ifunanya / July 4, 2023

In what can be seen as a positive development for the Nigerian economy, the Naira has appreciated against the US […]

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Fuel Subsidy Removal: N400bn Savings Raises Questions

By Ifunanya / July 4, 2023

After more than 30 days of fuel subsidy removal, questions continue to linger regarding the projected ‘N400 billion savings’ that […]

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78220 equities market starts the week with bullish trading

Equities trading begins new week bullish

By Ifunanya / July 3, 2023

Toyin AjadiLast updated Jul 3, 2023 Amid sustained positive sentiment from last week, the market indices of equities trading on […]

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78201 tinubu administration unveils tax collection plan for informal sector

Tinubu Administration Unveils Tax Collection Plan for Informal Sector

By Ifunanya / July 3, 2023

The government of President Bola Ahmed Tinubu has revealed its new initiative, known as the Value Added Tax Direct Initiative, […]

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78059 inflationary pressures to ease by december economist yusuf

Inflationary pressures to ease by December – Economist, Yusuf

By Ifunanya / July 3, 2023

The Director of the Centre for the Promotion of Private Enterprise, Dr Muda Yusuf, has expressed optimism that the current […]

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