African Business News

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Nigerian Banks Urged to Pay Windfall Tax on Forex Gains

Nigerian Banks Urged to Pay Windfall Tax on Forex Gains

By Ifunanya / August 2, 2024

Nigerian Banks Urged to Rein in Excess Spending Amid Windfall Tax Demand A leading figure in Nigeria’s banking industry, Femi […]

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Dangote investors gain N514bn after refinery takeoff

Dangote Refinery to Consume N1.7tn Crude Oil Monthly Amid NNPC’s Naira-Based Sales

By Ifunanya / August 2, 2024

Dangote Refinery to Consume N1.7tn Worth of Crude Oil Monthly In a move aimed at stabilizing the pump price of […]

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Naira Records Consecutive Gains Against Dollar Despite Nationwide Protests

Naira Records Consecutive Gains Against Dollar Despite Nationwide Protests

By Ifunanya / August 2, 2024

Naira Strengthens Against Dollar Despite Nationwide Protests in Nigeria Despite widespread protests in Nigeria against poor governance, the country’s currency, […]

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Fighting Climate Change: AXA Mansard Urges Collective Effort for Human

Fighting Climate Change: AXA Mansard Urges Collective Effort for Human Progress

By Ifunanya / August 1, 2024

AXA Mansard Urges Increased Efforts to Combat Climate Change AXA Mansard, a leading insurance provider, has emphasized the need for […]

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WhatsApp Faces $220M Fine in Nigeria, May Suspend Operations Over

WhatsApp Faces $220M Fine in Nigeria, May Suspend Operations Over Data Privacy Breach

By Ifunanya / August 1, 2024

WhatsApp Faces Major Crisis as Nigeria Fines Company $220 Million for Data Privacy Breach In a shocking development, the Federal […]

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Flutterwave Secures Enhanced Payment Service Provider License in Ghana

Flutterwave Secures Enhanced Payment Service Provider License in Ghana

By Ifunanya / August 1, 2024

Flutterwave Secures Payment Service Provider License in Ghana, Expanding Operations Across Africa Flutterwave, a leading payments technology company, has made […]

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Banks Close Amid Nationwide Hunger Strike Protest

Banks Close Amid Nationwide Hunger Strike Protest

By Ifunanya / August 1, 2024

Financial Institutions in Nigeria to Shut Down Amid Planned Hunger Strike As a nationwide hunger strike is set to begin […]

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Nigerian Banks Spend $50m Annually on Private Jet Maintenance, Says

Nigerian Banks Spend $50m Annually on Private Jet Maintenance, Says Femi Otedola

By Ifunanya / August 1, 2024

Nigerian Billionaire Calls Out Banks for Private Jet Extravagance Amidst Worsening Cost-of-Living Crisis A storm is brewing in Nigeria as […]

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Nigeria's Roadmap to a $1tn Economy: Beyond Banking Sector Growth

Nigeria’s Roadmap to a $1tn Economy: Beyond Banking Sector Growth

By Ifunanya / August 1, 2024

Nigeria Must Grow Beyond Banking Sector to Achieve $1tn Economy The Nigerian Federal Government has been advised to expand beyond […]

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President Bola Ahmed’s Concern: Safeguarding Gains Amidst Nationwide Protests

By Ifunanya / July 31, 2024

Nigerian President’s Top Priority: Safeguarding Economic Gains Ahead of Hardship Protest Abuja, Nigeria – With just hours to go before […]

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