African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

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Nigeria’s oil revenue rises by N273.8bn in September

By Ifunanya / October 22, 2023

Nigeria’s oil earnings rose by over N273.8bn in September 2023 following the rise in crude oil production. READ ALSO: Nigeria’s Oil […]

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$1bn spent on humanitarian response in Nigeria’s Northeast in 18 months – UN

By Ifunanya / October 22, 2023

The United Nations Office for the Coordination of Humanitarian Affairs,UNOCHA, says it spent at least $1.1 billion in its humanitarian […]

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Rural Electrification Agency Set to Electrify 250,000 Nigerian households by 2024

By Ifunanya / October 22, 2023

The Rural Electrification Agency (REA) has announced its plans to provide support to 250,000 households in Nigeria through a series […]

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Highest Price of Diesel in September Recorded in Kano, Anambra, and Niger – NBS

By Ifunanya / October 22, 2023

The month of September 2023 has seen Kano, Anambra, and Niger states take the lead in terms of the highest […]

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120825 ngx ends week with bearish performance as asi declines by 0 27 on friday

NGX closes week on bearish note as ASI declines by 0.27% on Friday

By Ifunanya / October 21, 2023

The Nigerian Exchange Group data revealed that the stocks continued their bearish run at the close of Friday’s trading session […]

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We’ve completed 1,403 projects in three years – REA breaks silence over corruption allegations

By Ifunanya / October 20, 2023

The Rural Electrification Agency (REA) says it has completed 1,403 projects and provided power to 7.5 million people under its […]

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NERC records N5.63bn revenue in Q2 2023

By Ifunanya / October 20, 2023

The Nigerian Electricity Regulatory Commission, NERC, generated N5.63 billion as revenue. The Commission disclosed this in its just lately launched […]

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NGX Benchmark Index Slumps by 0.38%: Profit-Taking Triggers Negative Sentiments

By Ifunanya / October 19, 2023

Thursday’s trading session on the Nigerian Exchange Limited (NGX) witnessed a setback as the benchmark index fell by 0.38%, erasing […]

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NNPCL allays fears of fuel scarcity

By Ifunanya / October 19, 2023

The Nigerian National Petroleum Company Limited, NNPCL, has allayed fears of fuel scarcity due to the emergence of queues in […]

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Nigeria, GIZ, others collaborate to implement Free Trade Agreement

By Ifunanya / October 19, 2023

The Nigerian Government in collaboration with the Government of Germany by way of GIZ and different stakeholders have converge on […]

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