African Business News

In the first nine months of the year, the Nigerian government allocated a staggering N375.8 billion to electricity subsidies, while […]

World Bank Urges Nigeria to Consider N750/litre Fuel Price Amid Backlash from Key Stakeholders Nigerians are in for tougher times […]

The Comptroller-General of Customs, Adewale Adeniyi, has made a resolute commitment to tackling the challenges plaguing clearance processes at ports […]

In November 2023, Nigeria’s oil-producing states struck gold as they received a staggering N75.410 billion, a 13 percent share of […]

The Nigeria Deposit Insurance Corporation (NDIC) has taken swift action to compensate customers affected by the revocation of licenses from […]

The Abia State Government, led by Governor Alex Otti of the Labour Party, is considering borrowing to finance a substantial […]

The Nigerian government has taken decisive action by shutting down the operations of Ready Finance Investors Limited due to its […]

Dr. Titus Okunrounmu, a former director of the Research Department at the Central Bank of Nigeria (CBN), has sounded the […]

A recent report by the National Bureau of Statistics (NBS) revealed that Nigeria’s food inflation surged to 32.84% in November, […]

Nigeria’s economy has been rocked by a dramatic surge in inflation, with the headline inflation rate soaring to 28.20% in […]