First Bank Upgrades: Temporary Disruptions Expected
First Bank to Transition to New Cloud-Based Platform, Expecting Temporary Service Disruptions In a significant move to improve operational efficiency […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
NNPCL Commences $6bn Debt Repayment
Nigeria Makes Headway in Debt Repayment as NNPCL Initiates $6 Billion Settlement Process The Nigerian government has taken a significant
FG Issues 7-Day Ultimatum to Julius Berger on Abuja-Kaduna Road
Nigeria’s Federal Government has issued a final seven-day ultimatum to construction firm Julius Berger, calling on the company to accept
Nigeria’s Flight Woes Blamed on Lack of Aircraft Capacity
Flight Delays and Disruptions in Nigeria Attributed to Airlines’ Capacity Issues The Nigeria Civil Aviation Authority (NCAA) has identified the
Canada Cuts Interest Rate to 3.75% Amid Inflation Battle
Canada Cuts Interest Rate, Bringing Relief to Borrowers Amid Easing Inflation In a significant move to further alleviate the financial
African Business News
Naira Drops N52 in 48 Hours Amid FX Supply Plunge
Nigeria’s Naira Plunges Amid FX Supply Shortage In a dramatic turn of events, Nigeria’s currency, the Naira, has taken a
IMF Downgrades Nigeria’s Growth Prospects
IMF Cuts Nigeria’s Growth Projections Due to Low Crude Oil Production and Severe Flooding The International Monetary Fund (IMF) has
Mozambican Cigars Make Their Mark
Africa Joins Global Cigar Market as Mozambique’s Bongani Cigars Make Its Mark In a small, neon-lit factory in Maputo, Mozambique,
Nigeria Set to Benefit from €4bn German Green Energy Investment
Nigeria to Benefit from Germany’s €4 Billion Green Energy Investment In a strategic move to accelerate Africa’s transition to renewable
Nigeria Clears $1.28B ExxonMobil Sale to Seplat
Seplat Energy’s Acquisition of ExxonMobil’s Nigerian Assets Gets Green Light from Federal Government The Nigerian government has given the go-ahead
MTN Nigeria Urges Sector Reform Amid Losses.
Urgent Call to Action: MTN Nigeria Warns of Impending Shutdown Without Tariff Hike MTN Nigeria, the country’s largest telecom operator,
African Business News
Dangote Refinery Denies Petrol Import Suit Against NNPCL
Dangote Refinery Clarifies Petrol Import Dispute with Nigerian National Petroleum Company A recent report suggesting that Dangote Refinery has taken