African Business News

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71586 10 poorest states owe over n1tn provide govs jumbo package

10 poorest states owe over N1tn, provide govs jumbo package

By Ifunanya / June 8, 2023

The 10 poorest states in Nigeria owe native and overseas collectors about N1.18tn, in response to findings by The While […]

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71420 427962 nigerians in diaspora get nin

427,962 Nigerians in diaspora get NIN

By Ifunanya / June 8, 2023

The share of diasporan Nigerians with National Identification Numbers rose to 25.17 per cent in May 2023. The National Identity […]

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Nigeria loses N150bn to gas flaring in four months – NOSDRA

By Ifunanya / June 8, 2023

Oil and gas companies operating in Nigeria flared 92.3 million standard cubic feet of gas, mscf, worth an estimated N150.8 […]

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71221 plastic pollution threatens mangroves in ndelta says hyprep

Plastic pollution threatens mangroves in N’Delta, says HYPREP

By Ifunanya / June 8, 2023

Prof Nenibarini Zabbey, Coordinator of HYPREP, The Hydrocarbon Pollution Remediation Project has expressed considerations that plastic pollution was an rising […]

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71098 data protection bureau rakes in n5 5bn says commissioner

Data protection bureau rakes in N5.5bn, says Commissioner

By Ifunanya / June 7, 2023

The National Commissioner, Nigeria Data Protection Bureau, Dr Vincent Olatunji, has stated that the sector has mixed earnings of N5.5bn, […]

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Nigeria’s economic growth too slow to tackle poverty – World Bank

By Ifunanya / June 7, 2023

The World Bank has said that Nigeria’s economic growth is too slow to address the challenge of extreme poverty in […]

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24529 naira loses further at official market amid currency scarcity

Naira Holds Steady at N464.67 Against the US Dollar

By Ifunanya / June 7, 2023

The Nigerian local currency, Naira, maintained its stability during Tuesday’s trading, exchanging at N464.67 to the dollar at the Investors […]

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70749 petrol depot prices double following subsidy removal say marketers

Petrol Depot Prices Double Following Subsidy Removal, Say Marketers

By Ifunanya / June 7, 2023

Petrol depot prices have increased by over 100% since the Nigerian government officially removed subsidies on May 29, according to […]

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30454 concerns over nigerias inflation free rise expert explains

Fuel subsidy: Nationwide shutdown looms as inflation bites harder

By Ifunanya / June 4, 2023

Since President Bola Tinubu announced the abolition of the fuel subsidy regime on Monday, May 29, 2023, the country has […]

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70463 world bank funded data protection bill fails to be signed by buhari

Buhari failed to sign data protection bill despite W’Bank funding

By Ifunanya / June 4, 2023

The former President of Nigeria, Muhammadu Buhari, failed to sign the Nigeria Data Protection Bill again despite World Bank’s funding […]

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70239 concerned consumers raise alarm over influx of imported energy drinks into nigeria

Concerned Consumers raise alarm over influx of imported energy drinks into Nigeria

By Ifunanya / June 3, 2023

A group of consumers, Concerned Consumers, has expressed worry over the massive influx of imported energy drinks into Nigeria, stating […]

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Group calls for reversal of fuel subsidy removal, threatens protest within 7 days

By Ifunanya / June 2, 2023

Concerned about the price hike of premium motor spirit, occasioned by the President Bola Ahmed Tinubu’s pronouncement in his inaugural […]

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69946 impending strike action threatens operations at nigerian ports

Operators kick as maritime workers shut port Monday

By Ifunanya / June 2, 2023

The Maritime Workers Union of Nigeria has threatened to embark on an industrial action on Monday over the poor welfare […]

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5629 amnesty international demands release of more endsars protesters

Amnesty International Urges Nigerian Government to Provide Social Cushioning for Subsidy Removal

By Ifunanya / June 2, 2023

Amnesty International Nigeria has expressed concerns over the difficulties that the removal of fuel subsidies might bring to millions of […]

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We didn’t devalue Naira – CBN

By Ifunanya / June 1, 2023

The Central Bank of Nigeria, CBN, has dismissed reports that it devalued the Naira. Reports had earlier emerged that CBN […]

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Stock investors demand reform as capital flight persists

By Ifunanya / June 1, 2023

Though the Nigerian equity market ended on a positive note in the last three years, the impacts of fiscal and […]

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Dano advises Nigerians on milk consumption

By Ifunanya / June 1, 2023

Arla Foods, maker of Dano Milk has advised Nigerians to ensure a measured consumption of milk on a consistent basis […]

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52633 public notice firs extends vat filing deadline for april 2023

FIRS: Nigeria’s Tax-to-GDP ratio 10.86% as at 2021

By Ifunanya / May 31, 2023

Nigeria’s Tax-to-GDP ratio which, in the last 12 years, hovered between 5% to 6% rose to 10.86% by the end […]

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70051 group calls for reversal of fuel subsidy removal threatens protest within 7 days

NNPC Increases Official Fuel Pump Price Significantly to N537 per Litre

By Ifunanya / May 31, 2023

The Nigerian National Petroleum Corporation Limited (NNPC) has announced a hike in the pump price of Premium Motor Spirit (PMS) […]

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Funding, reforms top real estate sector demand from government

By Ifunanya / May 31, 2023

Stakeholders in the real estate sector are looking up to the Bola Tinubu-led government to review the Land Use Act […]

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