African Business News

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

Why petrol pump price will fall in 2024 CBN

Central Bank Governor: Continued Liquidity to Sustain Naira’s Appreciation

By Ifunanya / April 18, 2024

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has expressed confidence that the naira’s appreciation will continue due […]

Continue Reading
FARC

N7.3trn accrued to Federation Account in H2 of 2023, says RMAFC

By IDBM Consult / April 18, 2024

April 18, 2024 The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has revealed that a total sum of N7,314,129,314,386.08 ($17.9 billion) accrued […]

Continue Reading
Media Talk Africa Logo

CBN Reduces Loan-to-Deposit Ratio to 50% to Boost Lending Capacity

By Ifunanya / April 18, 2024

The Central Bank of Nigeria (CBN) has recently made a significant change to boost lending capacity in the country. In […]

Continue Reading
Nigerias Foreign Reserves Boosted by 600 Million Naira Set to

Nigeria’s Foreign Reserves Boosted by $600 Million, Naira Set to Appreciate

By Ifunanya / April 18, 2024

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced a significant boost to the country’s foreign reserves, with […]

Continue Reading
NPA World Bank partner to revamp Nigerias decaying port infrastructure

Nigerian Ports Authority Secures $700M Loan for Apapa and Tincan Island Ports Rehabilitation

By Ifunanya / April 18, 2024

The Nigerian Ports Authority has taken a significant step towards modernizing and improving its operations by securing a massive $700 […]

Continue Reading
mbah

Thirty-four governors shun Enugu International Trade Fair hosted by Mbah’s administration

By IDBM Consult / April 17, 2024

APRIL 16, 2024 Thirty-four states out of 35 failed to honour invitations to attend the just-concluded 35th Enugu International Trade […]

Continue Reading
Naira Gains Ground Against Dollar as CBN Boosts Currency Defense

Naira Surges by N75.4 Against Dollar in Single Day, Hits N1,072.74

By Ifunanya / April 17, 2024

In a surprising turn of events, the Nigerian naira has made a remarkable comeback in the foreign exchange market, appreciating […]

Continue Reading
Tinubu Media Support Group Defends Electricity Subsidy Removal for Majority

Private Sector Warns of Impending Closure Due to Electricity Tariff Hike

By Ifunanya / April 17, 2024

The Organised Private Sector (OPS) has issued a dire warning that over 65 percent of private businesses in Nigeria may […]

Continue Reading
oil coys

Failure to honour summons: Reps committee threatens multinational oil companies

By IDBM Consult / April 17, 2024

April 17, 2024 The House of Representatives committee investigating the implementation of Corporate Social Responsibility by multinational oil companies operating […]

Continue Reading
President Tinubu Commends Dangote Group for Diesel Price Reduction Impact

President Tinubu Commends Dangote Group for Diesel Price Reduction, Impact on Economy

By Ifunanya / April 17, 2024

President Bola Ahmed Tinubu has praised the Dangote Group for its recent decision to slash the price of Automotive Gas […]

Continue Reading
Scroll to Top