African Business News

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13903 mohammed haruna

How NASENI developed 150 products – CEO

By Ifunanya / January 30, 2023

Executive Vice Chairman, NASENI, Prof. Mohammed Haruna The Executive Vice Chairman and Chief Executive of the National Agency for Science […]

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ECA projects expansion in intra-African trade

By Ifunanya / January 30, 2023

Economic Commission for Africa has said intra-African trade in agri-food, industry, and services sectors will increase by nearly 35 per […]

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21613 cbn announces tenure limit for bank md dmds eds

N2.7trn was kept permanently in people’s homes before we ordered redesign of new naira notes – Emefiele

By Ifunanya / January 29, 2023

Governor of the Central Bank of Nigeria, Godwin Emefiele on Sunday, revealed that part of the reasons the Federal Government […]

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11413 locals reject old naira as scarcity of new notes hits kaduna

Naira swap: 10-day extension insufficient – CPPE tells CBN

By Ifunanya / January 29, 2023

The Centre for the Promotion of Private Enterprises, CPPE, has reacted to the Central Bank of Nigeria’s 10-day extension for […]

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‘Airtel, Mafab, MTN spend $820m on 5G spectrums’

By Ifunanya / January 29, 2023

Airtel, Mafab and MTN Nigeria have spent about $820.8m to acquire the fifth-generation spectrums. The Minister of Communications and Digital […]

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FG metering scheme falls by 58%

By Ifunanya / January 29, 2023

The distribution of free meters under the National Mass Metering Programme of the Federal Government, dropped by 58 per cent […]

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13683 Hacker

Bank customers lose N2.72bn to fraudsters – Report

By Ifunanya / January 29, 2023

A report by FITC has revealed that bank customers in Nigeria lost a total of N2.72bn to fraud in the […]

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IMF links global inflation to rising shipping costs

By Ifunanya / January 29, 2023

The International Monetary Fund has attributed the current global inflationary pressure to the dramatic increase in shipping costs. In a […]

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13565 provide enabling business environment lcci urges govt

Provide enabling business environment, LCCI urges govt

By Ifunanya / January 29, 2023

The Lagos Chamber of Commerce and Industry has advised the Federal Government to ensure consistency in policymaking in order to […]

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Firm gets recognition for improved standards

By Ifunanya / January 29, 2023

Tropical General Investments Group, an international investment, and holding company, says it is committed to maintaining standards across its global […]

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Tincan Island Port generated N574bn in 2022 – Customs

By Ifunanya / January 28, 2023

The Nigeria Customs Service, NCS, Tincan Island Port Command, generated revenue of N574.3 billion in 2022. Comptroller Olakunle Oloyede, the […]

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13503 fg to establish free trade zone in ekiti nepza

FG to establish Free Trade Zone in Ekiti – NEPZA

By Ifunanya / January 28, 2023

The Federal Government on Thursday confirmed its plan to make Ekiti a major Free Trade Zone, FTZ, in Nigeria. Prof. […]

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12497 CBN

CBN expands e-payment with new domestic card

By Ifunanya / January 28, 2023

CBN Governor, Godwin Emefiele The Central Bank of Nigeria on Thursday launched the Nigerian National Domestic Card Scheme to boost […]

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13466 naccima warns fg against proposed tax hikes

NACCIMA warns FG against proposed tax hikes

By Ifunanya / January 28, 2023

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has urged the Federal Government to devise effective means […]

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13380 nigeria lost n4 2tn to 2022 flood minister

Nigeria lost N4.2tn to 2022 flood – Minister

By Ifunanya / January 28, 2023

Nigeria lost N4.2 trillion due to the 2022 floods which ravaged various parts of the country. The flood in various […]

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13382 first bank opens saturday sunday for depositors of old currency

First Bank opens Saturday/Sunday for depositors of old currency

By Ifunanya / January 28, 2023

First Bank of Nigeria, on Friday, called on all her customers to deposit their old currency. In a circular sent […]

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13342 Babatunde Irukera

FCCPC extends registration deadline for digital money lenders

By Ifunanya / January 28, 2023

Chief Executive Officer, FCCPC, Babatunde Irukera The Federal Competition and Consumer Protection Commission on Friday announced the extension of the […]

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9567 cbn sensitises jigawa traders to new naira notes

CBN licenses 400 money agents in Kogi

By Ifunanya / January 28, 2023

Central Bank of Nigeria building The Central Bank of Nigeria has licensed 400 money agents to facilitate access to the […]

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13274 nigeria launches new payment card afrigo to boost economy

Nigeria launches new payment card, AfriGo to boost economy

By Ifunanya / January 28, 2023

Nigeria has launched an African Central Bank-led National Domestic Card Scheme, AfriGO, to boost the nation’s economy. The Governor of […]

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13276 confusion as new naira note shortage takes toll on nigerians

Confusion as new naira note shortage takes toll on Nigerians

By Ifunanya / January 28, 2023

As the January 31 deadline to phase out old naira notes inches closer, the new banknotes’ shortage across the country […]

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