African Business News

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

Naira strengthens against dollar, begins July on positive note

Naira gains against dollar for third day

By Ifunanya / September 11, 2025

The Nigerian Naira has appreciated against the US dollar for the third consecutive day at the official foreign exchange market. […]

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CBN Unveils Framework For New Payment System • Channels Television

Nigeria Payments System Vision 2028 Launched

By Ifunanya / September 11, 2025

The Central Bank of Nigeria has initiated the development of a new strategic framework for the country’s payments ecosystem, introducing […]

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Nigeria Customs explains reason for import clearance delays

Nigeria Customs seizes N13.5bn illicit drugs at Onne Port

By Ifunanya / September 10, 2025

Nigerian Customs Seize Large Shipment of Illicit Drugs Worth N13.5 Billion Operatives of the Nigeria Customs Service, Area II Command, […]

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Man electrocuted by live wire in Maiduguri

Nigeria grid collapse caused by generation company trip

By Ifunanya / September 10, 2025

The Nigerian government has provided an explanation for the national grid collapse that occurred on Wednesday, September 10, 2025, at […]

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Electricity theft: NERC to deploy advanced technology against offenders

Nigeria Electricity Theft Crackdown Begins

By Ifunanya / September 10, 2025

The Nigerian Electricity Regulatory Commission (NERC) has announced plans to collaborate with the Economic and Financial Crimes Commission (EFCC) to […]

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Drunk Japan Airlines pilot causes flight delays and second warning

By Ifunanya / September 10, 2025

Japan Airlines has issued a public apology after a drunk pilot caused the delay of three flights, prompting a second […]

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Novo Nordisk To Cut 9,000 Global Jobs

Novo Nordisk cuts 9000 jobs amid rising competition

By Ifunanya / September 10, 2025

Danish pharmaceutical giant Novo Nordisk has announced a significant restructuring plan, which includes cutting 11% of its global workforce. The […]

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NNPCL gives conditions for crude supply to Dangote Refinery

NNPCL CEO Ojulari Under Fire Over False Information

By Ifunanya / September 10, 2025

A public affairs analyst, Awaal Dairu, has stated that the Group Chief Executive Officer of Nigerian National Petroleum Company Limited, […]

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2027: Anti-Tinubu coalition gathers strength as LND joins

Nigeria Debt Crisis Under Tinubu Administration

By Ifunanya / September 10, 2025

Nigeria’s Rising Debt Profile Under Scrutiny A renowned economist, Prof. Akpan Ekpo, has expressed concerns over Nigeria’s increasing debt burden, […]

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Nigeria Tax Reform Laws Published

By Ifunanya / September 10, 2025

The Nigerian government has officially published the country’s new tax reform laws in the government gazette, marking a significant overhaul […]

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