African Business News

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

13175 fg extends deadline for registration of digital money lenders

FG extends deadline for registration of Digital Money Lenders

By Ifunanya / January 27, 2023

The federal government has extended the deadline for the registration of Digital Money lenders, DMLs. This is contained in a […]

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Onne Port generated over N242bn revenue in 2022 – NCS

By Ifunanya / January 27, 2023

Nigeria Customs Service Area 2 Command, Onne Seaport in Rivers, has generated a total sum of N242,090,629,309.29 in the 2022 […]

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Islamic finance industry to sustain growth – Report

By Ifunanya / January 27, 2023

Fitch Ratings has predicted a sustained growth trajectory for the Nigerian Islamic finance industry in 2023 and 2024. The report […]

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13145 eu

EU earmarks €102.5m humanitarian aid for Nigeria, others

By Ifunanya / January 27, 2023

The European Union says Nigeria and other countries in the Lake Chad region will benefit from its €102.5m humanitarian aid. […]

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Mega churches, schools bar old naira note payment, offering

By Ifunanya / January 27, 2023

New notes shortage force banks to shut ATMs, customers demand extension Reps threaten Emefiele with arrest, insist CBN gov must […]

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13031 POS operator

FCTA restricts PoS operators to commercial areas

By Ifunanya / January 27, 2023

The Federal Capital Territory Administration has directed Pointmof Sales terminal operators to restrict their operations to only commercial areas. While […]

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12956 google deletes over 1 7 billion ads globally

Google deletes over 1.7 billion ads globally

By Ifunanya / January 27, 2023

Global tech giant, Google, has disclosed that it deleted over 1.7 billion ads, restricted over 5.7 billion, and suspended over […]

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12938 ibukun awosika

Awosika expresses concern over Japa syndrome

By Ifunanya / January 27, 2023

Former Chairman, First Bank Nigeria Limited, Mrs. Ibukun Awosika A former Chairman of First Bank of Nigeria, Mrs. Ibukun Awosika, […]

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NGX launches USSD integrated payment system

By Ifunanya / January 27, 2023

The Nigerian Exchange Limited said it will launch an unstructured supplementary service data to unlock Africa’s capital markets payment system […]

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Union strike: NAHCO assures stakeholders of seamless service

By Ifunanya / January 26, 2023

The Nigerian Aviation Handling Company Plc has assured its shareholders and the general public of its commitment to provide a […]

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12848 ABIDEEN AKANDE

Tax fraudsters will pay double of evaded taxes – LIRS chief

By Ifunanya / January 26, 2023

The Chief Compliance Officer, Lagos Inland Revenue Service, Abideen Akande speaks with EDIDIONG IKPOTO on the state’s annual tax returns […]

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DMO issues fresh N360bn bond

By Ifunanya / January 26, 2023

The Debt Management Office, DMO, has announced the issuance of four bonds of N90 billion each, amounting to N360 billion. […]

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26374 lagos fire buhari reacts mourns death of security guard

Buhari commends AfDB, others for $538m agric programme in Nigeria

By Ifunanya / January 26, 2023

President Muhammadu Buhari, on Wednesday, in Senegal, commended the African Development Bank, AfDB, the Islamic Development Bank, and the International […]

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12723 Lekki Deep Seaport

Lekki port will boost maritime traffic – Operator

By Ifunanya / January 26, 2023

The Lekki Port LFTZ Enterprise Limited has said the coming onstream of the Lekki Deep seaport would accelerate growth in […]

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Airlines choose narrow-body aircraft as aviation crisis rises

By Ifunanya / January 26, 2023

Funmi Fabunmi in this piece examines the switch from wide-body aircraft to smaller ones by Nigerian airlines as the crisis […]

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Duty hike: Used vehicle imports fall by 40%

By Ifunanya / January 26, 2023

The Ports & Terminal Multipurpose Limited Command of the Nigeria Customs Service has said that the introduction of Vehicles Identification […]

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Airport Customs generated N28bn in 2022 – Comptroller

By Ifunanya / January 26, 2023

Customs officers on parade ground The Murtala International Airport Command of the Nigerian Customs Service, on Wednesday, disclosed that it […]

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12539 amazon workers down tools claim robots are treated better

Amazon workers down tools, claim robots are treated better

By Ifunanya / January 25, 2023

Amazon workers are staging the first-ever UK strike on Wednesday against the online giant in a protest over pay. The […]

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Reactions as CBN raises interest rate to 17.5%

By Ifunanya / January 25, 2023

Mixed reactions have continued to trail the Central Bank of Nigeria’s decision to increase the Monetary Policy Rate (MPR) benchmark, […]

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FG raises 14-man panel to end fuel scarcity

By Ifunanya / January 25, 2023

The Federal Government is meeting with operators in the midstream and downstream oil sector as part of measures towards developing […]

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