Naira continues appreciation against US dollar as foreign reserves increase
The naira continued its appreciation against the United States dollar at the foreign exchange market on Friday, driven by a […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Sanctions Drive Ruble Over 50% in Export Payments for First Time
The Russian ruble has reached a historic milestone in international trade, accounting for over half of all export settlements for
Lagos makes global top 15 in 2025 nightlife rankings (Full List)
Lagos has once again earned global recognition, securing the 14th position in the latest ranking of the world’s best nightlife
Eko DisCo announces 25-day blackout in Lagos
Eko Electricity Distribution Company has announced a 25-day blackout in parts of Lagos State. Eko DisCo disclosed this in a
Reps give CBN Governor 14 days to remit N3.64trn or face arrest
The Joint Committees on Public Accounts and Public Assets of the House of Representatives have given Central Bank of Nigeria,
TCN, Kano govt resolve legal obstacle to Kumbotso-Rimin Zakara 330 kV electricity project
The Transmission Company of Nigeria, TCN, Kano Region and the Kano State Ministry of Land said they have resolved the
EU Sanctions Drive Long-Term Diesel Price Surge, TotalEnergies Warns
European Union sanctions targeting Russian-linked oil supplies have triggered a surge in global diesel prices, with industry leaders warning of
This is dangerous – Expert Iromini disagrees with NERC over rejection of Enugu regulator’s electricity tariff reduction
An energy expert and Chief Executive Officer of Solarcentric, Adetunji Iromini, has faulted the Nigerian Electricity Regulatory Commission over its
NERC rejects Enugu regulator’s electricity tariff reduction, reveals next action plan
The Nigerian Electricity Regulatory Commission has rejected the Enugu Electricity Regulatory Commission over the latter’s controversial Multi-Year Tariff Order, which
Naira records first appreciation across official, black markets in days
Nigeria’s currency, the naira, on Thursday recorded its first appreciation against the dollar this week across the official and parallel
African Business News
Canal+ finalizes $3bn acquisition of MultiChoice
French media giant Canal+ has completed a $3 billion acquisition of South Africa’s MultiChoice Group, taking full control of leading
They’re deceiving you — Discos threaten darkness over electricity reduction in Enugu
The Association of Nigerian Electricity Distributors, ANED, have threatened to plunge Band A electricity customers in Enugu State into darkness