African Business News

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Nigeria earned only N188.03m from cargo conveyed via rail transport in Q2 2023 – NBS

By Ifunanya / September 10, 2023

Nigeria earned only N188.03 million from goods or cargo conveyed through rail transport in the second quarter of 2023. This […]

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28305 eedc introduces accelerated settlement of arrears project

EEDC expresses regret over power outage in Anambra

By Ifunanya / September 10, 2023

The management of the Enugu Electricity Distribution Company (EEDC) has expressed regret over the power outage being experienced by its […]

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Anambra State Governor Signs Economic Agreements With 13 Organisations

By Ifunanya / September 9, 2023

The Anambra State Government has signed a Memorandum of Understanding with 13 organisations across different economic sectors including commerce and […]

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Metered electricity customers in Nigeria increase to 5.47m in Q2 2023

By Ifunanya / September 9, 2023

Metered electricity customers in Nigeria increased to 5.47 million in the second quarter of 2023. The National Bureau of Statistics’ […]

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103143 global rice prices hit 15 year high in august fao

Global rice prices hit 15-year high in August – FAO

By Ifunanya / September 9, 2023

Global rice prices have increased to a 15-year high according to reports released in August. The Agriculture Organization (FAO), in […]

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Nigeria Loses $46 Billion to Oil Theft- Speaker

By Ifunanya / September 8, 2023

The Speaker of the House of Representatives, Hon Tajudeen Abbas says Nigeria lost a whopping $46 billion (N16.25 trillion) to […]

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DisCos’ total revenue generated hit N263bn in Q2 2023 – NBS

By Ifunanya / September 8, 2023

The total revenue collected by electricity distribution companies in Nigeria rose to N263.08 billion in the second Quarter of 2023 […]

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Telecoms: Nigeria’s voice subscribers hit 222m in Q1 — NBS

By Ifunanya / September 8, 2023

Nigeria’s active voice subscribers in the telecommunications sector increased by 13.33 per cent to 226,161,713 in the first quarter of […]

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98266 customs issues warning following fatal attacks on officers by suspected bandits and smugglers

Nigeria Customs deactivate authorized dealer banks over defaults in duty remittances

By Ifunanya / September 7, 2023

The Acting Comptroller General of the Nigeria Customs Service, Bashir Adeniyi, has said the service had deactivated authorized dealer banks […]

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House Committee Summons Minister Of Finance 

By Ifunanya / September 7, 2023

The House of Representatives Ad-hoc committee investigating the failure of Mass Transit Schemes in Nigeria has summoned the Minister of […]

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