African Business News

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

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Eid Al-Adha Approaches Amid Rising Sheep Prices and Drought Challenges in Morocco

By Ifunanya / June 13, 2024

As Eid Al-Adha nears, many Moroccans are preparing to partake in the traditional animal sacrifice that marks the celebration. However, […]

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CBN Governor Yemi Cardoso

Central Bank of Nigeria Reassures Public Amidst Banking Concerns

By Ifunanya / June 11, 2024

The Central Bank of Nigeria (CBN) has once again affirmed the safety of deposits and the resilience of the banking […]

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Global Governance Actors Gather in Morocco for Paris Peace Forum Spring Meeting

By Ifunanya / June 11, 2024

Global governance actors convened at the Mohamed VI Polytechnic University in Benguerir, Morocco, for the Spring Meeting of the Paris […]

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BRICS Ministers

Russian Foreign Minister Sergey Lavrov Engages in Bilateral Talks at BRICS Foreign Ministers’ Summit

By Ifunanya / June 11, 2024

Russian Foreign Minister Sergey Lavrov held bilateral talks with his counterparts from Brazil, South Africa, Iran, Laos, Thailand, and Ethiopia […]

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Naira free fall Finance Minister CBN governor EFCC chairman meet

Currency in Circulation Hits N3.97tn in May

By Ifunanya / June 10, 2024

The currency’s value in circulation has risen to N3.97tn at the end of May, representing an all-time high and a […]

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Customs pledges to accelerate war against smuggling of Nigerias grains

Depreciation of Naira Boosts Nigeria’s Exports to Neighbouring Countries

By Ifunanya / June 10, 2024

The Customs Area Controller of Seme Command, Timi Bomodi, highlighted on Sunday the positive impact of the depreciation of the […]

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Schengen Visa Fee for Nigerians and African Nationals Increases to £90

By Ifunanya / June 10, 2024

Nigerians and other African nationals seeking a Schengen Visa to enter the European Union will now have to pay an […]

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88 of workers self employed says NBS report

Nigeria’s Foreign Trade Surges to N31.810.56 Billion in Q1 2024

By Ifunanya / June 10, 2024

Nigeria’s foreign trade, comprising imports and exports, reached N31.810.56 billion in the first quarter of 2024, according to the latest […]

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Crude

Crude Oil Exports Dominated Nigeria’s Trade in Q1 2024

By Ifunanya / June 10, 2024

Crude oil exports accounted for 80.80 percent of Nigeria’s export figure in the first quarter of 2024, according to the […]

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IMF

IMF Predicts Nigerian Economy to Reach $1.85 Trillion by 2029

By Ifunanya / June 7, 2024

The Nigerian economy is projected to expand significantly, reaching $1.85 trillion by 2029 in Purchasing Power Parity (PPP) terms, according […]

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