African Business News

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

Oil Firms Owe Banks N5.93tn Amid Losses, Theft

By Henry Orji / August 24, 2022

Data from the Central Bank of Nigeria (CBN) has shown that oil firms operating in the downstream and upstream subsectors […]

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Reps Question TCN Over $33m Payment To GenCo

By Henry Orji / August 24, 2022

The House of Representatives Committee on Finance has berated the representatives of the Transmission Company of Nigeria, TCN, over its […]

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Nigeria’s Debt: China Confirm Plan To Forgive Loans To 17 African Countries

By Henry Orji / August 24, 2022

The Chinese government has announced its plans to absolve 23 interest-free loans to 17 African countries. Though China has failed […]

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Aboki Rate: Latest US Dollar To Naira Black Market Rates Today, 24 August 2022

By Henry Orji / August 24, 2022

What is the Dollar to Naira Exchange rate at the official CBN rate, aboki fx, and the black market? How […]

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