African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

Senator empowers 5000 Ogun traders with grants

Empowering Ogun: Senator Adeola Grants 5,000 Traders N250m and Offers Scholarships

By Ifunanya / January 29, 2024

In a remarkable display of commitment to community development, Senator Olamilekan Adeola, also known as Yayi, recently empowered traders in […]

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Ibadan explosion Nigerian Govt waiting for outcome of forensic investigation

Nigerian Government Pursues Trillions in Unpaid Royalties from Mining Companies

By Ifunanya / January 29, 2024

The Nigerian government is taking a stand against significant financial discrepancies within the country’s mining industry. Dr. Dele Alake, Minister […]

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NNPC to hand over Port Harcourt refinery to private firm

The Inside Story: NNPCL’s Justification for Non-Remittance of Funds to Federal Account

By Ifunanya / January 29, 2024

The Nigerian National Petroleum Company Limited (NNPCL) has shed light on its decision to not remit any funds to the […]

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1706504538 Lottery agency recommits to poverty reduction

National Lottery Trust Fund Pledges to Combat Poverty and Facilitate Development

By Ifunanya / January 29, 2024

The National Lottery Trust Fund (NLTF) reaffirms its dedication to alleviating poverty in Nigeria, led by Dr. Bello Maigari, the […]

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Improve oil production to stabilise naira analysts tell FG

Boosting Oil Production Crucial for Naira Stability, Analysts Urge Nigerian Government

By Ifunanya / January 28, 2024

Financial and economic analysts are emphasizing the need for the Nigerian government to ramp up crude oil production in order […]

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Naira Devaluation External reserves fall by 165bn in six months

Stabilizing the Naira: Expert Insights on Nigeria’s Economic Imperative

By Ifunanya / January 28, 2024

As the Nigerian Naira grapples with volatility in the foreign exchange market, financial experts are urging the country’s leadership to […]

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Countries must act fast to phase out fossil fuels

UN Urges Swift Action to Eliminate Fossil Fuels

By Ifunanya / January 28, 2024

The United Nations Secretary-General, António Guterres, has called on countries worldwide to swiftly phase out their dependence on fossil fuels. […]

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UNRWA Several countries suspend 490m funding amid staff involvement in

UNRWA Funding Suspended Over Staff Involvement in Hamas Attack

By Ifunanya / January 28, 2024

Several countries have halted funding to the United Nations Relief and Works Agency, UNRWA, following revelations of its staff members’ […]

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Tinubu not recruiting area boys to collect tax Oyedele

Taiwo Oyedele Clarifies: Tinubu Government Not Recruiting ‘Area Boys’ for Tax Collection

By Ifunanya / January 28, 2024

In a recent statement, Taiwo Oyedele, Chairman of the presidential committee on Fiscal Policy and Reforms, debunked rumors suggesting that […]

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e bike

Cyclist tells how he nearly died and flat was burnt down after e-bike battery exploded and destroyed his property

By IDBM Consult / January 27, 2024

… Says ‘I’d have been dead if I hadn’t got out of there’ January 27, 2024  A cyclist has told […]

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