CBN Sets New POS Transaction Limits At N1.2 Million
The Central Bank of Nigeria (CBN) has introduced new guidelines for agent banking, also known as Point of Sales (POS), […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Renewable energy growth slowing
The International Energy Agency (IEA) has reported a slowdown in the growth of renewable energy, citing policy changes in the
Nigeria Fuel Price Increases to N945 per Litre
Nigerians in Abuja are facing increased fuel prices, with some filling stations selling petrol at between N905 and N945 per
EU Hikes Steel Tariffs to 50% to Counter Chinese Imports
The European Union is set to unveil a plan to increase tariffs on steel imports, aiming to protect its struggling
Japanese stocks hit record high amid election and US shutdown
Japanese stocks have reached a new record high, driven by the election of Sanae Takaichi, a pro-stimulus advocate, to lead
Hungary rejects euro adoption amid EU disintegration concerns
Hungarian Prime Minister Viktor Orban has stated that his country will not adopt the euro as its currency, citing the
Naira Depreciates Against Dollar Across Markets
The Nigerian Naira experienced a decline in value against the United States Dollar at the start of the week, impacting
Nigeria Fuel Price Increases to N905 Per Litre
The Nigerian National Petroleum Company Limited (NNPCL) has increased the price of premium motor spirit, also known as petrol, at
Nigeria oil production to hit 1.8 million barrels daily
The Nigerian National Petroleum Company Limited (NNPCL) is poised to increase the nation’s oil production to 1.8 million barrels per
NNPCL blames strike for cooking gas price hike
The Nigerian National Petroleum Company Limited (NNPCL) has attributed the recent surge in cooking gas prices to a temporary disruption
Nigeria Cooking Gas Scarcity Eases
The Nigerian National Petroleum Company Limited (NNPCL) has attributed the recent scarcity of cooking gas to a temporary disruption caused
Nigeria grid power drops 12 percent to 5128 megawatts
Nigeria’s national grid has experienced a decline in electricity availability, with the current output standing at 5128.50 megawatts as of