African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
The Chief Executive Officer of Interstate Architects Limited, Olusegun Ladega, has claimed that about 30 per cent of architects migrated […]
Continue ReadingDespite the Nigerian capital market closing the year on a bullish trend, banking sector performance ended the year out of […]
Continue ReadingThe Economic and Financial Crimes Commission, EFCC, recovered approximately N13bn as proceeds from illegal payments made under the subsidy regime […]
Continue ReadingNigeria’s total debt figure will jump to 77 trillion if the National Assembly reconsiders President Muhammadu Buhari’s request for N22.7 […]
Continue ReadingFuel subsidies payment in Nigeria to gulp N3.36 trillion in the first six months of 2023. By implication, subsidy payment […]
Continue ReadingThe Nigerian Upstream Petroleum Regulatory Commission, on Sunday, revealed that crude oil production in Nigeria rose to 1.235 million barrels […]
Continue ReadingStakeholders have said that Canada’s decision to close its door to foreign property investors would positively impact the Nigerian real […]
Continue ReadingFollowing the N95.8 billion owed by customers, there are indications that all electricity distribution companies (DisCos) may embark on mass […]
Continue ReadingThe Central Bank of Nigeria’s cash withdrawal limit policy for individuals and corporate entities will take effect today. Recall that […]
Continue ReadingThe recent increase in electricity tariff by power distribution companies, as approved by the Nigerian Electricity Regulatory Commission, shows that […]
Continue ReadingFreight forwarders have said there may be congestion of imported vehicles at the nation’s seaports following the Nigeria Customs Service’s […]
Continue ReadingA report by Money Africa has said that Nigerians need to get out of bad debts to survive the financial […]
Continue ReadingNigeria’s available power generation capacity in the First Quarter of 2022 decreased to 4,712.34MW from 5,465.72MW in the Fourth Quarter […]
Continue ReadingThe Central Bank of Nigeria, CBN, has denied claims making the round in some quarters that a higher offer was […]
Continue ReadingThe Lagos Chamber of Commerce and Industry has projected that the Information Communication Technology and the manufacturing sectors would be the […]
Continue ReadingThe 11 electricity distribution companies, DisCos, in Nigeria collected a total of N199.90 billion in customers’ bills in the first […]
Continue ReadingThe Enugu Electricity Distribution Company Plc (EEDC) has commenced a door-to-door mobile MAP metering to its customers in Anambra State, […]
Continue ReadingNigeria earns N4.4bn from three-month power export The number of power consumers on estimated billing, who lack meters, has risen […]
Continue ReadingLawal Wasiu, the Chief Executive Officer of LWL Concepts Limited, a clearing and forwarding, and maritime logistics company, speaks with […]
Continue ReadingThe Lagos Chamber of Industry as well as the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture have […]
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