African Business News

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

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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68748 nmdpra assures smooth transition following subsidy removal urges nigerians not to panic

Subsidy removal: NMDPRA reacts to Tinubu’s decision

By Ifunanya / May 30, 2023

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is working with NNPC Ltd. and other stakeholders to […]

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59703 osun verdict buhari urges support for adeleke led govt

Osun govt threatens to seal stations hoarding petrol

By Ifunanya / May 30, 2023

The Osun State Government has on Tuesday threatened to seal off filling stations in the state hoarding petrol. This was […]

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68152 nigeria will not break up says tinubu to agitators of biafra and yoruba nation

Fuel price hike, scarcity trail Tinubu’s subsidy removal announcement

By Ifunanya / May 30, 2023

In a knee-jerk reaction to the confirmation of fuel subsidies removal by President Bola Ahmed Tinubu’s administration, marketers and operators […]

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68323 osun apc members and governor oyebanji back tinubus inauguration

IPMAN Opposes Tinubu’s Plan to Remove Fuel Subsidy, Leading to Queues Returning

By Ifunanya / May 30, 2023

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has spoken against the plan of President Bola Tinubu to implement his […]

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We’ll remove multiple taxation, anti-investment policies- Tinubu assures investors

By Ifunanya / May 29, 2023

President Bola Ahmed Tinubu has said his government will review all complaints about multiple taxation and anti-investment inhibitions. Tinubu gave […]

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68092 concerned consumers nigeria loses over n104 billion annually from energy drink imports

Concerned Consumers: Nigeria Loses Over N104 Billion Annually from Energy Drink Imports

By Ifunanya / May 29, 2023

A consumer protection group, Concerned Consumers, has revealed that Nigeria loses over N104 billion annually from the importation of energy […]

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68048 indigenous airlines accuse sirika of nepotism in the establishment of nigeria air as groups demand efcc probe

Nigerian Air: Airlines berate Sirika, groups demand EFCC probe

By Ifunanya / May 29, 2023

Domestic Airlines under the aegis of the Air Operators of Nigeria have berated the Minister of Aviation, Hadi Sirika, for […]

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38215 obi datti tinubu petitions nbc to sanction channels tv

Fuel Subsidy Draining Nigeria’s Economy, AfDB President Tells Tinubu

By Ifunanya / May 29, 2023

Dr Akinwumi Adesina, the President of the African Development Bank (AfDB), has expressed concern that fuel subsidy is crippling Nigeria’s […]

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CareerLife Nigeria empowers career women with mentorship programme for workplace re-entry

By Ifunanya / May 29, 2023

CareerLife Nigeria, an NGO dedicated to promoting career success, has completed the second cohort of its career moms mentorship programme. […]

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Construction and Real Estate GDP Contribution Slumps to N8.33tn

By Ifunanya / May 28, 2023

The construction and real estate sector contributed N8.33tn to the real Gross Domestic Product (GDP) in Q1 2023, according to […]

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