CAC announces new fee rise effective August 1, 2025
The Corporate Affairs Commission (CAC) has announced an upward review of its service fees, which will take effect from August […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
IPMAN suspends strike over Lagos call-up fee hike
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has directed its members to suspend the industrial action initiated in response
Fidelity Bank funds construction of Nigeria’s first privately built onshore oil export facility in 50 years
In a significant boost to Nigeria’s crude oil production and export capabilities, leading financial institution Fidelity Bank Plc has facilitated
Trump Organization Launches US Made Mobile Phone Service and Device
The Trump Organization, the family company of US President Donald Trump, has launched a new self-branded mobile phone service called
African Business News
Northern Nigerian Flour Mills, two other firms dip as NGX records N108bn losses
Northern Nigeria Flour Mills and two other companies experienced dips as Nigerian Exchange Limited began the week on a negative
Nigeria’s naira returns to appreciation against dollar after inflation drops
The naira appreciated against the dollar in the official and parallel foreign exchange markets to begin the week on a
Nigeria’s food inflation drops for the second time to 21.14% in May
Africa’s most populous country, Nigeria’s food inflation rate has declined for the second consecutive time to 21.14 percent in May
Nigerian FIRS extends operation time to achieve N25.2tn revenue target
Nigeria’s revenue collection agency, the Federal Inland Revenue Service, FIRS, has ordered the extension of its tax office operational time
Fuel price: Fear grips petroleum product stakeholders as Dangote Refinery pushes for monopoly
Fear has gripped petroleum product marketers and retailers as Dangote Refinery fixed August 15, 2025, to begin distribution of premium
Porsche Fails to Exit Russia Due to Unsuccessful Asset Sale Amid Sanctions
Porsche, the luxury German carmaker, has revealed that it has not exited the Russian market due to its inability to
BREAKING: Nigeria’s inflation drops to 22.97%
The National Bureau of Statistics, NBS, on Monday, announced that Nigeria’s headline inflation rate has dropped to 22.97 percent. NBS
FIRS opens weekend tax services to ease pressure ahead of deadline
As the June 30 deadline for Companies Income Tax (CIT) filing approaches, the Federal Inland Revenue Service (FIRS) has opened