African Business News

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

118902 nigeria to save 40 million annually from local internet hosting internet exchange point report reveals

Nigeria to Save $40 Million Annually from Local Internet Hosting, Internet Exchange Point Report Reveals

By Ifunanya / October 16, 2023

In a recent statement, the Chief Executive Officer of the Internet Exchange Point of Nigeria (IXPN), Muhammed Rudman, has announced […]

Continue Reading
Media Talk Africa Logo

Households in Taraba groan as prices of Kerosene, cooking gas soar

By Ifunanya / October 15, 2023

The high cost of Kerosene in Taraba State has begun to affect the livelihoods of residents, especially low-income households. The […]

Continue Reading
Media Talk Africa Logo

Nigerian Gas Association Advocates the Adoption of Compressed Natural Gas

By Ifunanya / October 15, 2023

![Gas Plant](https://von.gov.ng/wp-content/uploads/2023/10/gas-plant-750×430.jpg) The Nigerian Gas Association is urging the adoption of Compressed Natural Gas (CNG) as a viable alternative to […]

Continue Reading
118592 127 poultry farms shut down resulting in over n5bn loss due to economic hardship farmers lament

127 Poultry Farms Shut Down, Resulting in Over N5bn Loss Due to Economic Hardship – Farmers Lament

By Ifunanya / October 15, 2023

The Poultry Farmers Association of Nigeria (PAN) has reported a staggering loss of over five billion Naira and the closure […]

Continue Reading
Media Talk Africa Logo

Wema Bank and Assembly Hub Collaborate to Empower Entrepreneurs in Fashion Industry

By Ifunanya / October 14, 2023

Wema Bank, in partnership with Assembly Hub, has launched a business accelerator program called “The Creative Class” to empower and […]

Continue Reading
118499 naira appreciates slightly as cbn removes restriction on 43 items

Naira Appreciates Slightly as CBN Removes Restriction on 43 Items

By Ifunanya / October 14, 2023

The Nigerian currency, the Naira, experienced a marginal appreciation, reaching N764.86/$1 at the close of business on Friday. This favorable […]

Continue Reading
118349 nitda invites applications for n5m ai research grant for tech startups

NITDA Invites Applications for N5m AI Research Grant for Tech Startups

By Ifunanya / October 14, 2023

The National Information Technology Development Agency (NITDA), in collaboration with the Federal Ministry of Communications, Innovations, and Digital Economy, has […]

Continue Reading
CBN

Central Bank of Nigeria Provides Justification for Lifting Forex Restriction on 43 Items

By Ifunanya / October 14, 2023

The Central Bank of Nigeria (CBN) has outlined the reasons behind its decision to remove foreign exchange restrictions on 43 […]

Continue Reading
Media Talk Africa Logo

President Tinubu pulls FCTA from TSA, permits use of IGR

By Ifunanya / October 13, 2023

Hudu Yakubu, AbujaLast updated Oct 13, 2023 The President Bola Ahmed Tinubu has granted approval for the Federal Capital Territory […]

Continue Reading
118029 nigerias plan to stop n941 6bn annual wheat imports in four years says agric minister

Nigeria’s Plan to Stop N941.6bn Annual Wheat Imports in Four Years, Says Agric Minister

By Ifunanya / October 13, 2023

The Nigerian federal government has announced its intention to completely phase out the annual N941.6 billion wheat importation within the […]

Continue Reading
Scroll to Top