African Business News

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

Customs agents explore alternative revenue sources as imports crash

Customs Agents Diversify as Imports Decline, Seeking New Revenue Streams

By Ifunanya / December 27, 2023

The Nigerian maritime sector is grappling with challenges that impede the ease of doing business. A prominent issue is the […]

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CBN raises exchange rate for cargo clearance amid forex crisis

Central Bank of Nigeria Ensures Depositor Confidence amidst Speculations

By Ifunanya / December 27, 2023

In a recent announcement, the Central Bank of Nigeria (CBN) has moved swiftly to allay concerns regarding the safety of […]

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Chiomas closet others boost fashion business

Chioma’s Closet and Partners Uplift Fashion Industry in Nigeria

By Ifunanya / December 27, 2023

Lagos witnessed a remarkable collaboration spearheaded by Chioma Ikokwu, the astute Founder and CEO of Chioma’s Closet, amplifying the Nigerian […]

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Naira drops against US Dollar at forex market ahead of

The Naira Strengthens Against the US Dollar in Foreign Exchange Market

By Ifunanya / December 26, 2023

The Nigerian naira showed signs of strength as it appreciated against the US dollar in the parallel market on Tuesday. […]

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US announces ban on Apple Watch

Apple Watch Faces US Import Ban Over Patent Infringement

By Ifunanya / December 26, 2023

The United States has imposed an import ban on certain models of the Apple Watch, following a ruling on patent […]

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FG to commence new regulation for digital money lenders in

New Regulations for Digital Money Lenders Set to Tackle Rising Indebtedness

By Ifunanya / December 26, 2023

In a significant announcement, the Federal Government has unveiled plans to introduce a new regulatory framework aimed at overseeing digital […]

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Union Bank CBN investigator gives top Titan bank officials deadline

Central Bank Investigator Summons Titan Bank Officials in Union Bank Probe

By Ifunanya / December 26, 2023

In a high-profile probe into the activities of the Central Bank of Nigeria (CBN), a special investigator, Jim Obazee, appointed […]

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Capital market sustains upswing amid subsidy removal forex crisis

Nigerian Capital Market Thrives Despite Fuel Subsidy Removal and Forex Crisis

By Ifunanya / December 26, 2023

The Nigerian capital market has defied odds in 2023, maintaining a bullish trend despite the backdrop of fuel subsidy removal […]

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Christmas Despite hardship food waste at festive period alarming in

Christmas Food Waste Poses Alarming Threat to Nigeria’s Environment, Says Environmental Advocate

By Ifunanya / December 25, 2023

Amidst economic hardship in Nigeria, the festive period brings forth a concerning issue – food waste. Michael David, a prominent […]

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Emefiele worst CBN gov in Nigerias history Moghalu

Former Deputy Governor of Nigeria’s Central Bank Condemns Godwin Emefiele’s Leadership

By Ifunanya / December 24, 2023

In a scathing critique, former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, did not mince words when […]

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