BREAKING: Fuel crisis: NNPC announces fresh appointments
The Nigerian National Petroleum Company Limited has announced key leadership appointments, Media Talk Africa learnt. The company on Wednesday named […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Electricity: Enugu DisCo vows to end estimated billing
Mainpower Electricity Distribution Limited (MEDL), a subsidiary of Enugu Electricity Distribution Company, has vowed to eliminate estimated billing with the
African Business News
Naira appreciates against dollar first time in a week
The naira appreciated against the dollar at the foreign exchange market for the first time since last week. FMDQ data
Nigeria needs $10bn investment to achieve 24-hour power supply – Adelabu
The Nigerian government said the country needs $10 billion in investment in the power within five to ten years to
28m Nigerians lack access financial services — CBN
Says recapitalisation will enhance financial inclusion By Babajide Komolafe The Central Bank of Nigeria, yesterday said that over 28 million
Nigeria’s Customs hits N5.07tn 2024 revenue target
The Comptroller General of Nigeria Customs Service, Bashir Adeniyi, has announced that the service has hit a 2024 revenue generation
African Business News
Dangote Petrol: IPMAN announces fuel price slash
The Independent Petroleum Marketers Association of Nigeria has announced that Premium Motor Spirit (Petrol) price will be slashed by N50
African Business News
Nigerian Govt to commence payment of pension backlog – Finance Minister Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has assured that the Federal Government will
Naira slumps against dollar at FX markets
The naira continued to depreciate against the dollar at both official and parallel foreign exchange markets. FMDQ data showed that
African Business News
Inflation in October expected — CBN
The majority of Nigerians believed that the country’s inflation would rise further in October 2024. This is according to the
African Business News
Nigeria’s foreign reserves rise to $40.167bn
Nigeria’s foreign reserves increased to $40.167 billion as of November 11, 2024, for the first time since 2022. This is
African Business News
What Nigerians should expect from banks’ recapitalization—CBN Governor, Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said the ongoing bank recapitalization policy in the country