Myanmar’s Central Bank to Release $100M to Ease Fuel Shortage Amid Currency Crisis
Myanmar’s Junta- Controlled Central Bank Injects $100 Million to Alleviate Fuel Crisis The economic crisis in Myanmar has taken another […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Floods Ravage 27 States in Nigeria, Affecting 227,494 People and Damaging 32,837 Houses
Nigeria Grapples with Widespread Floods, 227,494 People Affected The National Emergency Management Agency (NEMA) has announced that 27 states in
Naira Appreciates Against Dollar as Nigeria’s Inflation Declines
Nigeria’s Currency Soars Against Dollar Following Historic Drop in Inflation The Nigerian currency, Naira, has experienced a significant gain against
Nigeria Customs Intercept 12 Containers of Illicit Drugs and Fake Medicines Worth N1.8 Billion
Nigeria Customs Service Shuts Down Illegal Drug Network, Seizes Pharmaceutical Fakes Worth N1.8 Billion In a major crackdown on illicit
Nigerian Stock Market: Dangote Group’s Stock Prices Plunge Amidst Foreign Exchange Losses and SEC Rejection
Dangote Group’s Stock Prices Plunge amid Foreign Exchange Losses and Securities Commission Rejection Nigeria’s leading conglomerate, Dangote Group, is facing
DAPPMAN Denies Hindering Local Refineries, Urges Support for Domestic Fuel Supply
Nigerian Depot Owners Deny Accusations of Hindering Local Refineries Despite accusations that they are intentionally stifling the operations of local
Ghana’s Inflation Rate Slows Down to 20.90% in July Amid Interest Rate Hike
Ghana’s Inflation Rate Eases to 20.90% in July, but Analysts Predict Further Rise Ghana’s inflation rate has significantly declined, easing
Bayelsa Faces Months-Long Blackout after Vandals Bring Down 13 Transmission Towers
Power Outage Looms in Bayelsa State as Vandals Target Transmission Towers A devastating blow to Bayelsa State’s power supply is
Nigeria Announces Zero Import Duty on Essential Food Items to Combat Inflation
Nigeria Customs Service Directed to Implement Zero Import Duty on Basic Food Items The Nigeria Customs Service has been instructed
Naira Slumps Against Dollar, Hits N1,586.04 as FX Turnover Plunges 54%
Naira Plummeting Against Dollar Triggering Concerns in Nigeria The Nigerian naira continues to weaken against the USD at the foreign
Senators Slam Govt Agencies Over Failure to Respond to Audit Queries
Senate Slams Officials for Refusal to Address Audit Queries The Nigerian Senate Committee on Public Accounts has condemned the actions
SEC Approves Extension of Access Holdings Plc’s N351bn Rights Issue
SEC Approves Extension of Access Holdings’ Rights Issue Due to National Protests The Securities and Exchange Commission (SEC) has approved