Mercury Bank Terminates Accounts for Businesses from Certain Countries
In a sudden move, American financial technology company, Mercury, has announced plans to terminate the accounts of businesses based in […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
CBN Raises Interest Rate to 26.75% to Combat Inflation, Food Prices
Nigeria’s Central Bank Raises Interest Rate to Tackle Inflation The Central Bank of Nigeria (CBN) has announced a significant increase
Imo State and DIGITAL SME Launch Digital Skills Initiative for Economic Growth
Imo State and Digital SME Launch Digital Skills Initiative The Imo State Government in Nigeria has partnered with the European
Nigeria Proposes 50% Windfall Tax on Bank FX Gains to Balance Economy
Nigeria Proposes 50% Windfall Tax on Banks’ Foreign Exchange Gains to Balance Economy In a move aimed at recovering losses
Nigerian Enamelware Reports 254% Profit Decline, Posts N2.6bn Loss
Nigerian Enamelware Records Post-Tax Loss of N2.6bn, Revenue Jumps 216% Nigerian Enamelware PLC, a manufacturer of enamelware, plastic products, and
KEDCO Urges Peaceful Settlement with Manufacturers Association of Nigeria
Kano Electricity Distribution Company Urges Manufacturers to Settle Dispute Peacefully The Kano Electricity Distribution Company (KEDCO) has appealed to the
Federal High Court Dismisses MAN’s Suit Against KEDCO’s Electricity Tariff Hike
Federal High Court Dismisses Suit Against Kano Electricity Tariff Hike In a landmark ruling, the Federal High Court sitting in
Dangote Refinery Seeks Crude Oil From Libya, Angola Amid Nigeria’s Supply Challenge
Dangote Refinery Seeks Crude Oil Imports from Libya and Angola Amid Nigerian Supply Challenge In a bid to overcome a
Dangote Urges FG to Revive N1.1 Trillion Anchor Borrowers’ Programme
Dangote Calls for Revival of Anchor Borrowers’ Programme to Boost Farmers’ Businesses In a recent visit to his fertiliser plant,
Dangote Refuses to Invest in Nigeria’s Steel Industry Amid Monopoly Allegations
Dangote Group Abandons Nigerian Steel Industry Amid Monopoly Fears Aliko Dangote, the Chairman of Dangote Group, has announced that his
Dangote Denies Monopoly Allegations, Emphasizes Level Playing Field
Africa’s Richest Man Denies Monopoly Accusations Aliko Dangote, the renowned African billionaire, has refuted allegations of monopoly against his group
African Business News
Dangote Refinery Defends Quality of Petroleum Products Amid NMDPRA’s Inferior Claims
Dangote Refinery Dismisses Claims of Inferior Products, Blames Regulatory Authority Africa’s richest man, Aliko Dangote, has rejected claims by the