African Business News

The Nigeria Extractive Industries Transparency Initiative, NEITI, says the sum of $200 billion is required to be injected into Nigeria’s […]

The Nigeria Labour Congress bowed to pressure to halt its planned Tuesday nationwide protest against the 50 percent telecommunication tariff

President Bola Ahmed Tinubu’s special adviser on energy, Olu Verheijen, has clarified her statement on the eminent 65 percent electricity

The Nigerian National Petroleum Company Limited may reduce premium motor spirit price in response to Dangote Refinery’s ex-depot price reduction.

The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, says Nigeria’s electricity tariff will increase within months. She

Petroleum Products Retail Outlets Owners of Association of Nigeria has said the latest ex-depot premium motor spirit price reduction by

The Dangote Petroleum Refinery has reduced its ex-depot (gantry) price of Premium Motor Spirit (PMS), otherwise known as petrol, from

The Petroleum Products Retail Outlet Owners Association says its members have started loading dual-purpose kerosene, automotive gas oil, and premium

The Nigerian currency, the Naira, has had an impressive run against the dollar in the last week, Media Talk Africa

The Nigeria Export Promotion Council, NEPC, has confirmed that the Central Bank of Nigeria, CBN, has approved CFA Franc to

Nigeria’s Value Added Tax, VAT, collections rose by 84.62 per cent to hit N6.72 trillion in 2024. The Federal Inland

By Mustafa Chike-Obi & Adetilewa Adebajo The interest rate spread is the difference between the interest rates charged  on loans