African Business News

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SEC Approves Extension of Access Holdings Plc's N351bn Rights Issue

SEC Approves Extension of Access Holdings Plc’s N351bn Rights Issue

By Ifunanya / August 14, 2024

SEC Approves Extension of Access Holdings’ Rights Issue Due to National Protests The Securities and Exchange Commission (SEC) has approved […]

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Naira Records Consecutive Gains Against Dollar Despite Nationwide Protests

Naira Declines 18% Amid Soaring Dollar Demand

By Ifunanya / August 14, 2024

Naira Depreciates as Dollar Supply Dries Up in Nigeria The Nigerian naira has taken a hit as the country’s official […]

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Dangote Refinery Denies ₦600/Litre Petrol Price Report

Dangote Refinery Denies ₦600/Litre Petrol Price Report

By Ifunanya / August 14, 2024

Dangote Refinery Denies reports of ₦600 per Litre Petrol Price In a statement issued on Tuesday, the management of Dangote […]

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MTN Foundation Empowers Young Nigerian Musicians with 2024 Scholarship Programme

MTN Foundation Empowers Young Nigerian Musicians with 2024 Scholarship Programme

By Ifunanya / August 14, 2024

MTN Foundation Unveils 2024 Musical Society of Nigeria Scholarship Programme The MTN Foundation has announced its resolve to develop musical […]

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Naira Slumps vs Dollar at Official Market, Rises on Black

Naira Slumps vs Dollar at Official Market, Rises on Black Market

By Ifunanya / August 13, 2024

Naira Depreciates against Dollar, Closes Week on a Down Note In a surprising turn of events, the Nigerian naira recorded […]

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Poland Secures $10B Apache Helicopter Deal, Boosts Military Capabilities

Poland Secures $10B Apache Helicopter Deal, Boosts Military Capabilities

By Ifunanya / August 13, 2024

Poland Secures Multi-Billion Dollar Deal for Apache Helicopters In a massive deal, Poland has signed a contract to purchase 96 […]

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CBN Verifies Barbican's FBN Holdings Shares, Finds Only 8.67% Ownership

CBN Verifies Barbican’s FBN Holdings Shares, Finds Only 8.67% Ownership

By Ifunanya / August 13, 2024

Central Bank of Nigeria Disputes Investment Firm’s Claim on FBN Holdings Shareholding The Central Bank of Nigeria (CBN) has released […]

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US and Nigeria Inflation Figures to be Released: A Sign

US and Nigeria Inflation Figures to be Released: A Sign of Economic Recovery or Further Struggle?

By Ifunanya / August 13, 2024

Inflation Figures for July 2024 to be Released by US and Nigeria The United States and Nigeria are set to […]

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Fitch Downgrades Israel to A Following Ongoing Gaza Conflict

Fitch Downgrades Israel to A Following Ongoing Gaza Conflict

By Ifunanya / August 13, 2024

Israel’s Credit Rating Downgraded Amid Ongoing Conflict with Hamas In a warning that its ongoing conflict with Hamas in Gaza […]

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Nigeria’s July Crude Oil Production Hits 1.307 Million Barrels Daily Despite Challenges

By Ifunanya / August 12, 2024

Nigeria’s Crude Oil Production Sees Slight Uptick in July Nigeria’s crude oil production has experienced a modest increase in July, […]

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