Nigeria needs $20bn yearly investment to hit N1trn economy target — Finance Minister, Edun
The Minister of Finance, Wale Edun, said Nigeria needs to invest $20 billion annually to achieve its economic targets by […]
African Business News
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
African Business News
Corruption: ICPC talks tough as Nigeria’s 330 MDAs fail financial, governance tests
The Independent Corrupt Practices and Other Related Offenses Commission, ICPC, has revealed that none of the Ministries, Departments, and Agencies,
African Business News
FG to engage Bloomberg to rebrand Nigeria
Nigerian Government plans to engage Bloomberg to rebrand the country’s global perception and attract foreign investments. The Federal Ministry of
Nigeria launches N250bn Real Investment Fund
The Nigerian government has launched a N250 billion Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF). This was
African Business News
FCT-IRS rakes in N253bn in 2024
The Federal Capital Territory Internal Revenue Service, FCT-IRS, has announced that it generated a total of N252.83 billion in internally
‘Slash your fuel price’ – PETROAN urges NNPC to emulate Dangote Refinery
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has urged the Nigerian National Petroleum Company Limited, NNPCL, to
African Business News
Fuel price drop will not change anything, Nigerians are exhausted – Shehu Sani
The former senator representing Kaduna Central, Shehu Sani has said Nigerians are so exhausted with the country’s situation to the
African Business News
Nigerian govt transfers regulatory oversight of electricity to Lagos
The Nigerian government has transferred regulatory oversight of the electricity market to the Lagos State Electricity Regulatory Commission, LASERC. The
BREAKING: Dangote Refinery reduces petrol price
Dangote Refinery has announced another reduction in the price of Premium Motor Spirit, PMS, or petrol. The company disclosed this
Knocks, kudos trail Tinubu’s N49.7trn 2025 budget proposal
Mixed reactions have trailed President Bola Ahmed Tinubu’s N49.7 trillion 2025 budget proposal to the National Assembly on Wednesday. Media
Nigeria Customs gives conditions for implementation of zero tariffs on CNG, LPG
The Nigeria Customs Service said importers of gas-related equipment must present a letter of Import Duty Exemption Certificate (IDEC) from
Naira further appreciates against dollar on black market
The naira further firmed up against the dollar on Wednesday on the parallel foreign exchange market. Alhasan Abubakar, a Bureau