Poor budget for foreign ministry threatens Nigeria’s global influence – Ameh Peter
A 2019 Presidential candidate, Ameh Peter, has said that the inadequate fund allocation to the Federal Ministry of Foreign Affairs […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigerian banks, other firms push NGX to N1.077tn
Nigerian banks and firms pushed the Nigerian stock market to a N1.077 trillion gain on Friday as investors experienced unprecedented
Don’t rush Nigerian refinery sales — Iledare warns, gives Tinubu, NNPCL best solution
A Professor emeritus of Petroleum Economics, Wumi Iledare, has warned against the hasty sale of Nigeria’s state-owned Port Harcourt, Warri
Heirs Insurance Group achieves 70% revenue spike in FY2024; hits N61 billion GWP
Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has announced its audited financial results for the year ended December 31,
CBN fixes date for Monetary Policy Committee meeting
The Central Bank of Nigeria has announced Monday and Tuesday, July 21 and 22, 2025, as the 301st Monetary Policy
Enactus Honours FCMB for Youth-Led Social Impact
First City Monument Bank (FCMB) has been honoured with the Changemaker Collaboration Award by Enactus Nigeria for its support in
DAPPMAN credits NMDPRA for fuel price drop, cites two other sector gains
The Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, has said the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s
Naira appreciates massively against dollar ahead of public holiday to honour Buhari
The naira appreciated significantly against the United States dollar at the official foreign exchange market, beginning the week on a
Nigerian marketers reduce fuel prices as FG shuts down economy in honour of Buhari
Nigerian petroleum products marketers have announced a reduction of premium motor spirit prices, starting from today, Tuesday. This comes as
Russian Economy Shows Signs of Strain as Investment Climate Worsens Amid Calls for Urgent Monetary Policy Easing
The Russian economy is facing significant challenges, with a top Kremlin adviser warning that the country’s monetary policy must be
CBN clarifies claims of hidden charges on non-resident BVN for Nigerians in Diaspora
The Central Bank of Nigeria, CBN, has dismissed rumours of hidden charges in the recently launched Non-Resident Bank Verification Number
Fuel price cut: Dangote Refinery petrol distribution will reduce Nigeria’s inflation – Rewane
The Chief Executive Officer of Financial Derivatives Company, Bismarck Rewane, said that Dangote Refinery’s petrol distribution initiative, billed to kick