African Business News

The Federal Inland Revenue Service (FIRS) has issued a directive to all banks in Nigeria to immediately identify and shut […]

The Independent Petroleum Marketers Association of Nigeria has explained how the reduction in the price of Premium Motor Spirit pushed

The Nigerian Export Promotion Council, NEPC, has said Africa’s most populous country’s non-oil exports increased by 24.75 percent to $1.791

Nigeria’s currency, the naira, continued its appreciation against the dollar at the parallel foreign exchange market on Monday. Exchange rate

The Central Bank of Nigeria, CBN, has announced a significant revision of the documentation requirements for transactions conducted through the

The price of 50 kilogrammes of rice has reduced by 27 percent to N58,000 from N80,000 in some remote areas

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reiterated that the focus of the apex bank is

Fitch Ratings has upgraded the Long-Term Foreign- and Local-Currency Issuer Default Ratings of Kaduna, Kogi, Lagos, and Oyo states from

The Nigeria Deposit Insurance Corporation, NDIC, has commenced payment of ₦46.6 billion as the first tranche of liquidation dividends to

The Benue State Government has unveiled plans to increase its internally generated revenue (IGR) to N3 billion per month by

The Central Bank of Nigeria (CBN) raised a total of N1.008 trillion at its Open Market Operations (OMO) auction held

The governor of the Central Bank of Nigeria has said the reforms implemented by President Bola Ahmed Tinubu’s government in