African Business News

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

Global Financial Stability Report IMF Warns of 12 Billion Cyberattack

Nigeria’s Inflation to Drop to 23% by 2025, IMF Predicts Growth

By Ifunanya / April 17, 2024

The International Monetary Fund (IMF) has projected a significant drop in Nigeria’s inflation rate, forecasting it to decrease to 23 […]

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FCCPC backs NERCs N105bn fine on 11 DisCos over arbitrary

FCCPC to Investigate Unusual Price Hikes, Protect Consumers

By Ifunanya / April 17, 2024

The Federal Competition and Consumer Protection Commission (FCCPC) has taken a stand against the unjustifiable price hikes of goods and […]

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Naira Gains Ground Against Dollar as CBN Boosts Currency Defense

Naira Depreciates Against Dollar Amid Decline in FX Reserves

By Ifunanya / April 17, 2024

The Nigerian Naira experienced a slight decline against the US Dollar in the foreign exchange market, marking the first depreciation […]

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Dangote Petroleum Refinery Slashes Diesel Price to N1000Litre Boosting Economy

Dangote Petroleum Refinery Slashes Diesel Price to N1,000/Litre, Boosting Economy

By Ifunanya / April 17, 2024

Dangote Petroleum Refinery has made a significant announcement that is set to have a positive impact on the Nigerian economy. […]

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Remi Tinubu kicks off tech training for women entrepreneurs 

By IDBM Consult / April 16, 2024

April 16, 2024 The ceremony held at the University of Lagos (UNILAG), where the First Lady said the training will […]

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dangote diesel

BREAKING: Dangote crashes diesel price to N1,000 per litre

By IDBM Consult / April 16, 2024

April 16, 2024 In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel […]

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Global Financial Stability Report IMF Warns of 12 Billion Cyberattack

IMF Adjusts Nigeria’s Economic Growth Forecast to 3.3% in 2024, Sub-Saharan Africa Holds at 3.8%

By Ifunanya / April 16, 2024

The International Monetary Fund (IMF) has recently made adjustments to Nigeria’s economic growth forecast, projecting a growth rate of 3.3% […]

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pipelines

Oil pipeline: Contractors doing great job to protect national assets – Forum 

By IDBM Consult / April 16, 2024

April 16, 2024 The Middle-Belt Pan Nigerian Forum has appealed to President Bola Tinubu, urging him to disregard the baseless calls […]

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DisCos need N2trn capital investment to improve power supply in

National Single Window Steering Committee: Revolutionizing Nigeria’s Trade Efficiency

By Ifunanya / April 16, 2024

The Nigerian government has recently unveiled a groundbreaking policy aimed at tackling inefficiencies in the country’s import and export sector, […]

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Why theres a drop in Nigerias power supply TCN

SEECA Condemns 300% Tariff Increase, Demands Free Prepaid Meters

By Ifunanya / April 16, 2024

The South-East Electricity Consumers Association (SEECA) has strongly criticized the recent 300% tariff hike announced by the Federal Government. In […]

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