African Business News

The naira fell for the third straight time against the dollar at the foreign exchange in 2025. This comes as […]

The Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijani, has confirmed that Nigeria’s telecommunications tariffs will soon increase.

Nigeria’s Minister of Communications, Innovations, and Digital Economy, Bosun Tijani, is currently meeting with representatives of telecommunications companies amid mounting

Seplat Energy said moves are underway to rejuvenate over 400 idle Nigerian oil wells. Eleanor Adaralegbe, Seplat’s chief financial officer

China Development Bank, CDB, has approved the first tranche of a $255 million loan for the Nigerian government’s Kaduna-Kano railway

Nigeria’s external reserves increased to $40.920 billion as of January 6, 2025, up from $40.292 billion recorded on December 2,

Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has announced that it will sign a direct purchase agreement with

The Nigerian Exchange market recorded its first loss in 2025 as investors shed N152 billion following sell-offs of Tier-one banking

The naira dipped further against the dollar in the foreign exchange market on Tuesday. FMDQ data showed that the naira

The Acting Managing Director of Abuja Electricity Distribution Company, Chijioke Okwuokenye, said the Disco has put in place remedial measures

The Nigerian National Petroleum Company Limited, NNPCL, has been asked to prioritise crude oil supply to local refineries, including the

Nigeria’s Office of the Auditor-General for the Federation has uncovered a minimum of four financial infractions amounting to N514 billion