African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
As more Nigerians embrace electronic transactions, Point of Sale terminals recorded N1.15 trillion transactions in March 2023. The Nigeria Inter-Bank […]
Continue ReadingThe Board of Directors of TotalEnergies Marketing Nigeria Plc has approved the appointment of Mrs Bunmi Popoola-Mordi as an executive […]
Continue ReadingThe Nigerian Exchange Limited rebounded on Tuesday, recording N2bn gain for investors. The All-Share Index also appreciated by 11.54 base […]
Continue ReadingOgun State Governor, Dapo Abiodun, has sent a letter to the House of Assembly, seeking its approval on the recovery […]
Continue ReadingChairman of Air Peace, Mr. Allen Onyema The Airline Operators of Nigeria has slammed a 10-day ultimatum on the government […]
Continue ReadingMinister of Finance, Budget and National Planning, Zainab Ahmed, has been named in the Commonwealth body for global financial reform. […]
Continue ReadingThe National Bureau of Statistics has disclosed that the Ikeja Electricity Distribution Company had the highest electricity revenue for the […]
Continue ReadingNigerian Railway Corporation The Federal Government has spent $247.98m (which amounts to N111.23bn using the Central Bank of Nigeria’s December […]
Continue ReadingThe Washington based-World Bank said Nigeria had spent 96.3 per cent of its 2022 revenue on debt servicing. Word Bank […]
Continue ReadingThe Nigeria National Petroleum Company Limited said it is strengthening investments in the Ajaokuta-Abuja-Kano (AKK) gas pipeline and OB3 gas […]
Continue ReadingBarring any last-minute change of plans, the Federal Government will begin payment of the planned increase in civil servants’ pay […]
Continue ReadingMultiple brands of foreign rice from countries including Thailand and India have returned to markets in Kano, Jigawa, and Katsina […]
Continue ReadingProf Ken Ife, a development economist, says the federal government must invest in modular refineries to stabilize Nigeria’s economy. Ife […]
Continue Reading…says worsening economic environment leaving millions of Nigerians in poverty The World Bank says Nigeria’s constant fiscal deficit has worsened […]
Continue ReadingExperts in the built environment have said the accidental collision of a truck cannot trigger a total collapse of a […]
Continue ReadingThe Board of Directors of Heritage Bank has announced Mr Akinola George-Taylor as the substantive Managing Director/Chief Executive Officer of […]
Continue ReadingThe Central Bank of Nigeria has stressed that despite the challenges with the country’s banking infrastructure, the cashless policy will […]
Continue ReadingNigeria’s March inflation rate rose to 22.04 per cent from 21.91 per cent in February 2023, according to the National […]
Continue ReadingThe International Monetary Fund says the recent slowdown witnessed in Foreign Direct Investment, especially in developing countries can be linked […]
Continue ReadingThe Central Bank of Nigeria and stakeholders in the financial services sector have said a robust cashless policy system is […]
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