Nigerian SMEs Receive UNDP Funding to Unlock $50m Capital
Three Nigerian small and medium enterprises have secured funding and financial advisory services from the United Nations Development Programme and […]
African Business News
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Volkswagen ordered to pay $30 million for slave like worker conditions
Volkswagen’s Brazil unit has been ordered to pay $30.44 million in damages for subjecting workers to slavery-like conditions on a
Nigeria Energy Deficit Needs Bold Investments
Nigeria requires significant investments to address its energy deficit, which affects millions of households and industries, according to Ronald Adams,
India tariffs US trade war escalates
India’s trade minister, Piyush Goyal, has stated that the country will not be intimidated by the recent tariffs imposed by
Nigeria Shipments to US Now $80 Fee
The United States government has introduced a new fee for shipments entering the country from Nigeria and other nations. According
African Business News
Nigeria US package fee now $80
Nigerians sending packages to the United States will now be required to pay a prepaid customs duty of $80, or
Germany unemployment rises to decade high
Germany’s unemployment rate has reached its highest level in a decade, with official figures showing the number of unemployed individuals
GTBank recapitalization increases paid-up capital to N504bn
Guaranty Trust Holding Company has announced a significant increase in its investment in Guaranty Trust Bank Limited, boosting the bank’s
Naira Appreciates Against Dollar Across Markets
The Nigerian Naira has recorded a significant appreciation against the United States Dollar across both official and parallel foreign exchange
African Business News
Canada economy shrinks 1.6 percent due to US tariffs
Canada’s economy experienced a significant contraction in the second quarter, with a decline of 1.6 percent compared to the first
Nigeria diaspora remittance inflow surges to $600m monthly
The Central Bank of Nigeria has announced a significant increase in diaspora remittance inflows, with monthly figures rising from $200
Access Holdings appoints Innocent Ike as Group MD CEO
Access Holdings has announced the appointment of Innocent Ike as its substantive Group Managing Director and Chief Executive Officer. The