African Business News

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High cost of manufacturing hinders manufacturers’ access to funding – BoI

By Ifunanya / August 13, 2023

Last updated Aug 13, 2023 TheBank of Industry in Nigeria has said high cost of doing business and other challenges […]

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92426 private sector urges fg to stop companies shutdowns

Private Sector Urges FG To Stop Companies’ Shutdowns

By Ifunanya / August 12, 2023

The Organised Private Sector has expressed worry that the recent exit of GlaxoSmithKline could trigger a mass exodus of multinational […]

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Nigerian Leader Restates Plans To Revamp Economy

By Ifunanya / August 12, 2023

Timothy Choji, Abuja On Aug 11, 2023 President Bola Tinubu has reassured Nigerians that no stone will be left unturned in […]

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Quick recovery of Nigeria’s economy my priority – Tinubu

By Ifunanya / August 11, 2023

President Bola Tinubu has reassured Nigerians that no stone will be left unturned in his administration’s efforts to stimulate the […]

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91871 telecom operators in nigeria record n3 8trn total revenue

Telecom Operators in Nigeria Record N3.8trn Total Revenue

By Ifunanya / August 11, 2023

Telecommunication operators in Nigeria have  recorded a total revenue of N3.8 trillion in 2022, the Nigerian Communications Commission (NCC) has […]

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67157 nerc cracks down on eedc disconnects 33kv and 11kv transformers lacking certification

Niger owes Nigeria N4.22bn for electricity supply – NERC

By Ifunanya / August 11, 2023

Niger Republic presently owes Nigeria N4.22bn ($5.48m) for electricity provision, according to the Nigerian Electricity Regulatory Commission’s recent quarterly report. […]

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91739 flights from nigeria to antigua and babuda set to begin

Flights from Nigeria to Antigua and Babuda set to begin

By Ifunanya / August 11, 2023

A Nigerian Airline Company, Air Peace, is set to commence direct flights to Antigua and Barbuda, authorities have said. The […]

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91644 nigerian equities market rebounds by 1 62 percent profit

Nigerian Equities Market Rebounds By 1.62 Percent Profit

By Ifunanya / August 11, 2023

By: Chiamaka Ikechukwu, LagosOn Aug 10, 2023 Nigeria’s equities market bounced back to positive territory at the close of business […]

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91521 marketers announces cooking gas price to rise next week

Marketers Announces Cooking Gas Price To Rise Next Week.

By Ifunanya / August 10, 2023

Tougher times are ahead of gas consumers, as marketers have hinted that prices will go up next week. The President […]

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DMO auctions four FGN bonds valued at N360bn

By Ifunanya / August 10, 2023

The Debt Management Office, on behalf of the Federal Government of Nigeria (FGN), has offered for subscription four FGN bonds […]

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