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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Crypto Exchanges Start Delisting Of Naira From Platforms

By Ifunanya / May 17, 2024

Following the directives of the Office of the National Security Adviser and the Securities and Exchange Commission (SEC) that the […]

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Emirates Airlines to Resume Flights to Nigeria from October 1st

By Ifunanya / May 16, 2024

Emirates Airlines has announced that it will resume services to Nigeria from October 1, 2024. Flights to Nigeria were previously halted […]

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Africas Economic Growth Projections World Bank Forecasts 34 Growth in

World Bank Blacklists 58 Nigerian Companies, Individuals Over Corruption

By Ifunanya / May 16, 2024

The World Bank has blacklisted 58 Nigerian companies and individuals for engaging in corrupt practices, a move which comes as […]

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bodija market

Food inflation in Nigeria has increased to 40.53%

By Ifunanya / May 15, 2024

Hardship in Nigeria has worsened as the country’s food inflation increased to 40.53 per cent in April from 40.01 per […]

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Traders confused, stranded as Adamawa govt demolishes Yola Shopping Complex

By Ifunanya / May 15, 2024

Traders, artisans and other owners of shops at the famous Shopping Complex, Jimeta, Yola, were left stranded Wednesday as the […]

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CNG

Presidential committee to commence nationwide deployment of CNG by May 29

By Ifunanya / May 15, 2024

The Presidential Compressed Natural Gas Initiative, PCNGI, has announced a series of activities leading to a nationwide deployment on May […]

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1707480609 CBN stops banks from referencing unaudited accounts in adverts

CBN’s interest hikes triple banks profits by 263%

By Ifunanya / May 15, 2024

Naira devaluation and Central Bank of Nigeria’s interest rate hikes tripled the earnings of some of Nigeria’s biggest banks in […]

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Nigeria China Customs

Nigerian Customs Service Forges Key Partnership with Chinese Customs Authority

By Ifunanya / May 12, 2024

The Nigerian Customs Service (NCS) has achieved a significant milestone by signing a Memorandum of Understanding (MoU) with the General […]

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11649 dana air introduces promo fares for customers

Dana Air Lays Off Workers Amid Ongoing Regulatory Audit

By Ifunanya / May 12, 2024

Dana Air, weeks after its suspension by the Nigerian government, has taken the difficult decision to lay off several of […]

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SEC Introduces Stricter Rules for Private Company Securities Issuance

By Ifunanya / May 9, 2024

The Securities and Exchange Commission of Nigeria (SEC) has taken a significant step towards strengthening the oversight of securities issuance […]

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