TCN Commissions New Transformer, Boosts Power Supply to Lagos
Nigeria’s Power Transmission Capacity Boosted with New Transformer Commissioning The Transmission Company of Nigeria (TCN) has made a significant leap […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Dangote Refinery to Start Supplying Petrol, Diesel in Naira from September 15
Breaking News: Nigeria’s Dangote Refinery to Start Loading Petrol on September 15 In a significant development, the Presidential Committee on
Nigeria’s External Reserves Surge by $424m
Nigeria’s Financial Outlook Improves with Surge in External Reserves The Central Bank of Nigeria (CBN) has announced a significant increase
Naira Gains Against Dollar in Foreign Exchange Market
The Naira’s Unlikely Boost: A Week of Wild Fluctuations at Foreign Exchange Market In a surprising turn of events, the
CBN Directs PoS Operators to Route Transactions Through Licensed Aggregators
Nigeria’s Central Bank Directs Point of Sale Operators to Route Transactions Through Licensed Aggregators The Central Bank of Nigeria (CBN)
Petrol Price Hike Sparks Fear of Wage Demands, Economic Unrest
Government Faces Pressure to Increase Wages Amid Petrol Price Hike A recent surge in petrol prices in Nigeria has sparked
Nigerian Regulator Fines AEDC ₦1.69bn for Overbilling Customers
Nigerian Electricity Regulatory Commission Imposes ₦1.69bn Fine on Abuja Electricity Distribution Company The Nigerian Electricity Regulatory Commission (NERC) has imposed
Naira Rallies 4.8% Against Dollar in Biggest Jump Since July
Naira Records Strongest Gain Against US Dollar in Nearly Two Months The Nigerian naira has made a significant comeback, appreciating
Nigeria’s Revenue Leaks Fuel Inflation and Corruption
Revenue Leakages and Corruption: Nigeria’s Biggest Challenges The Conference of Nigeria Political Parties (CNPP) has sounded the alarm over persistent
CBN Orders PoS Transaction Tracking, PSPs Face 30-Day Deadline
Nigeria’s Central Bank Orders Payment Service Providers to Track Point of Sale Transactions The Central Bank of Nigeria (CBN) has
Dangote Refinery Frustrated by Local Marketers’ Boycott
Frustration Mounts as Local Marketers Boycott Dangote Refinery’s Products Devakumar V.G. Edwin, the Vice President of Dangote Industries Limited, has
Kaduna Refinery’s Toxic Gas Spill Sparks Health Crisis and Frustration
Residents Fear "Mass Deaths and Deformity" as Hydrogen Fluoride Spills Continue Kafam, Nigeria – More than two weeks have passed