African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
The Federal Inland Revenue Service (FIRS) has issued a directive to all banks in Nigeria to immediately identify and shut […]
Continue ReadingThe Independent Petroleum Marketers Association of Nigeria has explained how the reduction in the price of Premium Motor Spirit pushed […]
Continue ReadingThe Nigerian Export Promotion Council, NEPC, has said Africa’s most populous country’s non-oil exports increased by 24.75 percent to $1.791 […]
Continue ReadingNigeria’s currency, the naira, continued its appreciation against the dollar at the parallel foreign exchange market on Monday. Exchange rate […]
Continue ReadingThe Central Bank of Nigeria, CBN, has announced a significant revision of the documentation requirements for transactions conducted through the […]
Continue ReadingThe price of 50 kilogrammes of rice has reduced by 27 percent to N58,000 from N80,000 in some remote areas […]
Continue ReadingThe Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reiterated that the focus of the apex bank is […]
Continue ReadingFitch Ratings has upgraded the Long-Term Foreign- and Local-Currency Issuer Default Ratings of Kaduna, Kogi, Lagos, and Oyo states from […]
Continue ReadingThe Nigeria Deposit Insurance Corporation, NDIC, has commenced payment of ₦46.6 billion as the first tranche of liquidation dividends to […]
Continue ReadingThe Benue State Government has unveiled plans to increase its internally generated revenue (IGR) to N3 billion per month by […]
Continue ReadingThe Central Bank of Nigeria (CBN) raised a total of N1.008 trillion at its Open Market Operations (OMO) auction held […]
Continue ReadingThe governor of the Central Bank of Nigeria has said the reforms implemented by President Bola Ahmed Tinubu’s government in […]
Continue ReadingDangote Cement and other stocks pushed the Nigeria Exchange Limited to N202 billion in losses after three days of gains. […]
Continue ReadingThe naira recorded its highest appreciation against the dollar in both the parallel and official foreign exchange markets, ending the […]
Continue ReadingThe Yobe State Internal Revenue Service, YIRS, is targeting N15 billion as Internally Generated Revenue, IGR for 2025. The Executive […]
Continue ReadingThe dollar on Friday headed for its first weekly gain since mid-March after China granted some tariff exemptions for US […]
Continue ReadingLAGOS, NIGERIA – April 25, 2025 – BUA Cement PLC (NGX: BUACEMENT) has announced remarkable unaudited financial results for the […]
Continue ReadingThe Chinese foreign ministry has urged the United States to stop “misleading the public” on bilateral tariff negotiations, saying it […]
Continue ReadingApple Inc. has hinted at plans to shift assembly of all iPhones sold in the United States of America to […]
Continue ReadingNigeria’s currency, the Naira continued to appreciate against the dollar at the official and parallel foreign exchange markets on Thursday. Central […]
Continue Reading