African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
The naira fell to an all-time low of N1348.63/$ on the Nigerian Autonomous Foreign Exchange Market on Monday. This signifies […]
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The Nigerian Electricity Regulatory Commission, NERC, says N99.94 billion was received by 11 electricity Distribution Companies, DisCos, from customers as […]
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The Central Bank of Nigeria says it has released $500m to various sectors in its determination to address the backlog […]
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Dangote refinery is set to import crude from the US in the coming months, Bloomerg reports. According to Bloomberg, Trafigura […]
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Governor Biodun Oyebanji of Ekiti State has disclosed that the cargo airport in the state will commence operation by July […]
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The market capitalisation of the Nigerian Exchange gained about N1.24tn at the end of Monday’s trading to close at N57.28tn, […]
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Blackouts in parts of Nigeria due to a gas supply shortage to generation plants have sparked fresh concerns about the […]
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The Central Bank of Nigeria, CBN, has accused Authorised Dealers in the foreign exchange market of reporting inaccurate and misleading […]
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The Central Bank of Nigeria (CBN) has announced a pivotal move to inject an additional $500 million in a bid […]
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Nigeria is bracing for a potential three percent drop in freight revenue collection with the imminent start of production at […]
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