FG Orders Discos to Replace Phased-Out Meters
Nigeria’s Federal Government has instructed electricity distribution companies to replace any meter phased out due to an upgrade, in a […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria Scraps Fuel and FX Subsidies Amid Economic Strain.
Nigeria has officially ended fuel and foreign exchange subsidies, according to the country’s Minister of Finance, Wale Edun. Edun made
World Bank Narrows Focus to 22 Key Development Indicators
In a significant move to sharpen its focus on critical global development challenges, the World Bank has reduced the number
Nigeria Police Warn POS Operators Over Kidnapping Ransom Transactions
In a bid to curb the growing trend of kidnapping and other financial crimes, the police in Nigeria’s Delta State
Nokia reports 32% rise in net profit despite sales drop.
Nokia Sees Rise in Net Profit Despite Sales Drop Amid India Slowdown Finnish telecoms equipment maker Nokia has reported a
NNPC Remains Dangote Refinery’s Sole Petrol Off-Taker
Nigeria’s Dangote Refinery Deal with NNPC Puts Other Oil Marketers on Hold A recent directive from the Nigerian Federal Government
African Business News
NNPCL Remains Dangote Refinery Petrol’s Sole Off-Taker
Oil Marketers in Nigeria Reveal Current Status of Dangote Refinery Petrol Sales Despite the Nigerian government’s recent move to permit
African Business News
Naira Plummets N106.7 Against Dollar in 48 Hours
Nigeria’s currency, the naira, has experienced a significant decline against the US dollar in the past 48 hours, shedding N106.7
CBN Re-Validates $2.4bn FX Claims Amid Industry Pressure
In a significant development, the Central Bank of Nigeria (CBN) has commenced a re-validation exercise to address long-standing complaints from
Nigeria’s Economic Future: Boosting Domestic Investment
Nigeria’s Economic Future: Indigenous Companies Have Higher Risk Appetite, Says Governor Chukwuma Soludo In a bid to boost the Nigerian
Nigeria’s Power Sector Boost: Hexing Launches Local Electricity Meter Factory
Nigeria’s Power Sector Takes a Step Forward with the Launch of Hexing Livoltek In a significant milestone for Nigeria’s power
Shell and Partners Accused of Withholding $1 Billion in Oil Spill Compensation
Oil Giant Accused of Diverting $1 Billion Compensation Claim for Nigerian Communities The Executive Director of Oil Spill Victims Vanguard