African Business News

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

President Tinubus Support for Nollywood Actor Zack Orjis Health Journey

Tinubu’s Economic Policies Fail to Alleviate Hardship in First Half of 2024

By Ifunanya / July 2, 2024

President Bola Ahmed Tinubu’s economic interventions have not eased the worsening economic hardship in Nigeria during the first half of […]

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fg nigeria coat of arm

Nigerian Government Disburses N27.2 Billion in Grants to Nano Businesses

By Ifunanya / July 1, 2024

The Nigerian federal government has disbursed a total of N27.2 billion from April to June 2024, out of the N50 […]

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Naira Gains Ground Against Dollar as CBN Boosts Currency Defense

Naira Depreciates by Over 40% in Early 2024 Amid Currency Market Volatility

By Ifunanya / June 30, 2024

ABUJA, NIGERIA (Media Talk Africa) — The Nigerian Naira experienced a significant depreciation of over 40% in the first half […]

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President Tinubu Takes Action to Lower Drug Prices with New Executive Order

By Ifunanya / June 30, 2024

ABUJA, NIGERIA (Media Talk Africa) — President Bola Ahmed Tinubu has taken a significant step to reduce the cost of […]

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items at a shop are priced in zimbabwe gold zig the countrys new currency in harare zimbabwe june 28 2024

IMF Praises Zimbabwe’s New Currency for Stabilization Efforts but Urges Action on Corruption

By Ifunanya / June 29, 2024

HARARE, ZIMBABWE — The International Monetary Fund (IMF) praised Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), for stabilizing the country’s […]

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nigerias public debt

Nigeria’s Public Debt Rises to N121.67 Trillion in Q1 2024 Amid Fresh Borrowing and Naira Devaluation

By Ifunanya / June 27, 2024

The Debt Management Office (DMO) has clarified that Nigeria’s fresh borrowing amounted to N7.71 trillion in the first quarter of […]

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house of reps to sanction mtn airtel

Nigerian House of Representatives Moves to Enforce Corporate Social Responsibility Compliance

By Ifunanya / June 26, 2024

The Nigerian House of Representatives is taking steps to enforce compliance with Corporate Social Responsibility (CSR) practices by enacting a […]

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inflation

Nigeria’s Inflation Expected to Ease as Reforms Attract $24 Billion Inflow, Says CBN Governor

By Ifunanya / June 26, 2024

The Central Bank of Nigeria (CBN) has projected a moderation in the country’s inflation in the coming months, driven by […]

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novare mall shoprite

Shoprite to Close Abuja Branch Amid Economic Challenges, Joining Multinational Exodus from Nigeria

By Ifunanya / June 24, 2024

Shoprite Mall has announced it will cease operations in one of its Abuja branches, located at Novare Central Mall in […]

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igerian Securities and Exchange Commission SEC Tower in Abuja

SEC Nigeria Issues Framework for Banking Sector Capitalisation Programme 2024

By Ifunanya / June 22, 2024

The Securities and Exchange Commission has issued its Framework on Banking Sector Capitalisation Programme, 2024. The framework, released on the […]

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