African Business News

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CBN raises exchange rate for cargo clearance amid forex crisis

The Central Bank of Nigeria Takes Drastic Step to Address Forex Crisis

By Ifunanya / December 7, 2023

The Central Bank of Nigeria (CBN) has made a significant move in response to the ongoing foreign exchange crisis by […]

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Naira depreciates against US Dollar at forex market

Naira Struggles as it Loses Ground Against US Dollar in Forex Market

By Ifunanya / December 7, 2023

The Naira, Nigeria’s currency, saw a significant depreciation against the US Dollar in the official foreign exchange market this Wednesday. […]

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Banks to disconnect non deposit financial institutions from transfer

Banks Directed to Cut Ties with Non-Deposit Financial Firms in Fund Transfers

By Ifunanya / December 7, 2023

In a recent directive, banks in Nigeria have been instructed to sever ties with Switches, Payment Solution Service Providers (PSSPs), […]

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2024 budget will achieve 61 per cent increase in health

“President Tinubu’s 2024 Budget Set to Revolutionize FCT’s Health Sector, Tackle ‘Japa’ Syndrome” – FCTA

By Ifunanya / December 7, 2023

The Federal Capital Territory Administration has announced that the revitalized 2024 budget, proposed by President Bola Ahmed Tinubu, is poised […]

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NGX bounces back gains 043 Tuesday

Nigerian Stock Market Sees 0.78% Increase in Overall Share Index

By Ifunanya / December 6, 2023

The Nigerian Exchange Limited concluded its equities trading on a positive note, with the All-Share Index experiencing a 0.78% increase, […]

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NGX All Share Index Advances By 08 Percent – Voice of

NGX All-Share Index Advances By 0.8 Percent – Voice of Nigeria

By Ifunanya / December 6, 2023

Nigerian Stocks Surge: NGX All-Share Index Spikes By 0.8% In a remarkable midweek surge, the Nigeria Exchange Group Limited (NGX) […]

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Nigeria Signs Bilateral Air Service Agreement With Kuwait – Voice

Nigeria and Kuwait Ink Air Service Agreement to Foster Economic Ties

By Ifunanya / December 6, 2023

Nigeria, at the ongoing International Civil Aviation Negotiation (ICAN) Event of the International Civil Aviation Organization (ICAO) in Riyadh, Saudi […]

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COP28 NNPCL signs two LNG deals

Nigerian National Petroleum Company Seals Game-Changing LNG Deals at COP28

By Ifunanya / December 6, 2023

Amidst the buzz and fervent discussions at the 28th UN Climate Change Conference (COP28) in Dubai, the Nigerian National Petroleum […]

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Legislature and Executive Collaboration Has Raised Revenue

How Collaborative Efforts Between the Legislature and Executive Branch Are Boosting Revenue: Insights from Senator Barau

By Ifunanya / December 6, 2023

As the global economy continues to navigate the challenges posed by the COVID-19 pandemic, Nigeria’s commitment to enhancing revenue generation […]

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House Of Reps Issues Warrant Of Arrest On CBN Governor

House Of Reps Issues Warrant Of Arrest On CBN Governor, Others – Voice of Nigeria

By Ifunanya / December 6, 2023

House of Representatives Issues Arrest Warrant for CBN Governor and Others The House of Representatives in Nigeria has issued a […]

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