African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
The Nigerian Communications Commission, on Tuesday, grants MTN Nigeria a spectrum lease transaction from the Natcom Development and Investment Limited. […]
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Billionaire businessman, Femi Otedola, has revealed that his offer to buy Nigerian conglomerate, Transcorp Corporation Plc, for N250bn was rejected. […]
Continue ReadingNigerian commercial banks have been warned against harbouring and backing unlicensed foreign firms. To improve the country’s financial sector, the […]
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With Nigeria’s total debt stock racing to over N80 trillion, there is heightened concern in the country. Stakeholders are of […]
Continue ReadingUSSD code has opened the door for many Nigerians to utilise financial services, improving the adoption of e-payment systems and […]
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The Director General of the Nigerian Maritime Administration and Safety Agency, Dr Bashir Jamoh, has urged Nigerians in diaspora to […]
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The Minister of Works and Housing, Babatunde Fashola, on Monday, disclosed the government’s plans to provide additional affordable housing units […]
Continue ReadingThe President, Major General Muhammadu Buhari (retd.) The President, Major General Muhammadu Buhari (retd.), has directed the Nigerian Upstream Petroleum […]
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Chinese Yuan and American dollars The central parity rate of the Chinese currency renminbi, or the yuan, weakened 44 pips […]
Continue ReadingFile copy: Oil palm plantation Prices of some foodstuffs, particularly tomatoes, palm oil and cassava flakes, popularly known as garri, […]
Continue ReadingThe Civil Society Legislative Advocacy Centre has faulted the federal government over its $800 million World Bank loan for fuel […]
Continue ReadingThe Dangote Refinery established by Africa’s richest man, Aliko Dangote, is scheduled to be inaugurated on May 22. According to […]
Continue ReadingCountries with the highest international reserves have been revealed. According to the World of Statistics 2023 report, China leads the […]
Continue ReadingDangote Group has announced the date for the launch of its much-awaited refineries. A letter of invitation obtained by Media […]
Continue ReadingThe Gombe State Geographic Information Systems has generated over N1.8 billion in revenue in two years, its Director-General, Dr Kabiru […]
Continue ReadingNigeria’s borrowing from the World Bank has reached $14.34bn as of March 31, 2023, The has learnt. This was an […]
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The Director-General of the National Identity Management Commission, Aliyu Abubakar , has said in order to advance digital infrastructure and […]
Continue ReadingThe Nigeria Association of Corporate Treasurers has lamented the scarcity of foreign exchange in the Country. Foreign scarcity has been […]
Continue ReadingTo improve the country’s revenue drive, 10 commercial banks listed in the Nigerian Exchange Group, NGX, paid N260.3 billion in […]
Continue ReadingThe Association of Corporate Treasurers of Nigeria has urged the Federal Government to address the scarcity of foreign exchange that […]
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