African Business News

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

8585 hyppadec reiterates government commitment to anti corruption fight

HYPPADEC reiterates government commitment to anti-corruption fight

By Ifunanya / January 18, 2023

The Hydro-Electric Power Producing Areas Development Commission has reiterated the Federal Government’s commitment to fighting corruption at all levels of […]

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8531 cbn governor emefieles ordeal may crash naira economy yusuf

CBN Governor, Emefiele’s ordeal may crash naira, economy – Yusuf

By Ifunanya / January 17, 2023

The former executive secretary of the National Health Insurance Scheme, NHIS, Prof Usman Yusuf, has said the Central Bank of […]

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24589 presidential election north west strongest backbone of tinubus victory campaign spokesman molash

Nigeria can’t continue in path of rising debts – Experts counter Tinubu

By Ifunanya / January 17, 2023

Economic experts have said Nigeria cannot continue on the path of indebtedness amid incompetence and inefficiency. The economic analysts were […]

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Reps seek Bida-Zungeru road repair over $1.3bn power project

By Ifunanya / January 17, 2023

FILE PHOTO: Members of the House of Representatives during plenary The House of Representatives has urged the Federal Ministries of […]

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47357 lagos ondo bayelsa lead states in rising inflation

Inflation drops slightly, production costs remain high

By Ifunanya / January 17, 2023

Nigeria’s headline inflation fell from 21.47 per cent in November 2022 to 21.34 per cent in December 2022 according to […]

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26374 lagos fire buhari reacts mourns death of security guard

Buhari to commit 0.5% GDP to research, development

By Ifunanya / January 17, 2023

President Muhammadu Buhari has said henceforth the Federal Government would allocate at least 0.5 per cent of the nation’s Gross […]

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Naira redesign: CBN gives new update on deadline for return of old notes

By Ifunanya / January 17, 2023

The Central Bank of Nigeria, CBN, has given a fresh update on the deadline to phase out old naira notes. […]

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8102 crowdfunding future of real estate npta president

Crowdfunding, future of real estate – NPTA president 

By Ifunanya / January 17, 2023

The President of the Nigerian Proptech Association, Dr Roland Igbinoba, speaks with JOSEPHINE OGUNDEJI on how crowdfunding can be used […]

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8104 terror attacks rising debts top nigerias risks wef

Terror attacks, rising debts top Nigeria’s risks – WEF

By Ifunanya / January 17, 2023

The World Economic Forum has identified the top five risks in Nigeria that may hamper the country’s growth and development. […]

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29915 nigerias inflation rate rises to 21 91

Nigeria’s December inflation marginal decline not worth celebrating – Expert

By Ifunanya / January 17, 2023

An Accounting and Financial Development don at Lead City University, Ibadan, Prof Godwin Oyedokun said the Nigeria’s 0.13 per cent […]

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8033 cbn governor emefiele resumes duty amid dss probe

CBN Governor Emefiele resumes duty amid DSS probe

By Ifunanya / January 17, 2023

Governor of Central Bank of Nigeria, CBN, Godwin Emefiele has resumed duty after his annual vacation abroad. Emefiele, who proceeded […]

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8006 oil blocs licensing will end in april fg

Oil blocs licensing will end in April –FG

By Ifunanya / January 17, 2023

The Federal Government, on Monday, announced that the licensing round for seven deep offshore open oil blocs, which commenced on […]

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N’Assembly resumes today, N23.7tn loan restructuring tops agenda

By Ifunanya / January 17, 2023

National Assembly Complex The National Assembly will on Tuesday (today) resume from its Christmas and New Year break to attend […]

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11032 cbn

Bank borrowing from CBN rises 260% to N21.87tn

By Ifunanya / January 16, 2023

Deposit Money Banks borrowed the sum of N21.87tn from the Central Bank of Nigeria via the Standing Lending Facility window […]

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7622 electricity bills international bilateral consumers owe nigeria n4 71bn

Electricity bills: International, bilateral consumers owe Nigeria N4.71bn

By Ifunanya / January 16, 2023

International and bilateral power consumers that get supply from Nigeria owe the country about N4.71bn, figures obtained on Sunday from […]

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International, bilateral consumers owe Nigeria N4.71bn in electricity bills amid power crisis – NERC

By Ifunanya / January 16, 2023

International and bilateral power consumers receiving supply from Nigeria owe the country close to N4.71 billion, figures obtained on Sunday […]

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14773 The President Major General Muhammadu Buhari retd.

FG begins minimum wage review

By Ifunanya / January 16, 2023

The President, Major General Muhammadu Buhari (retd.) Credit: Adaojo Victor | Facebook The National Salaries Incomes and Wages Commission says […]

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271 buildings collapse in 10 years

By Ifunanya / January 16, 2023

Rescue efforts at the site of the three-storey building collapse in Ebute Metta, Lagos Lagos State tops the list of […]

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6916 n2bn debt case still in court polaris bank

N2bn debt case still in court –Polaris Bank

By Ifunanya / January 16, 2023

Polaris Bank Plc on Saturday reacted to the judgement of an Ondo State High Court, ordering the Central Bank of […]

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Diaspora Nigerian professionals plan devt group

By Ifunanya / January 16, 2023

Nigerians in Diaspora Group A group of Nigerian professionals in the diaspora have convened to birth a group that seeks […]

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