African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

40598 fccpc gives update on approval of 173 digital lending apps

FCCPC to investigate PoS vendors in Lagos over price fixing

By Ifunanya / July 5, 2023

The Federal Competition and Consumer Protection Commission (Commission) has mentioned it might begin a probe of Point of Sales vendors […]

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78696 iata reports significant growth in africas aviation sector

IATA Reports Significant Growth in Africa’s Aviation Sector

By Ifunanya / July 5, 2023

International Air Transport Association (IATA) has announced a remarkable growth in Nigeria’s passenger traffic and seat capacity. The numbers have […]

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78687 msmes tinubus administration to drive domestic and foreign investments says perm sec ngige

MSMEs: Tinubu’s Administration to Drive Domestic and Foreign Investments, Says Perm Sec, Ngige

By Ifunanya / July 5, 2023

The federal government has restated its commitment to revitalize the Micro, Small, and Medium Enterprises (MSMEs) sector in order to […]

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78620 ngx market indices decline by 1 99

NGX: Market Indices Decline By 1.99%

By Ifunanya / July 4, 2023

By Toyin Ajadi, Lagos The Nigerian Equities Market saw a downturn on Tuesday as gains from the previous day’s trading […]

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78485 fuel subsidy removal and forex unification tinubu maintains confidence in nigerias path to success

Fuel subsidy removal, forex unification: We’re on track – Tinubu

By Ifunanya / July 4, 2023

President Bola Ahmed Tinubu has expressed confidence that his administration is on the path to success despite the country’s challenges, […]

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78473 kano state government prioritizes irrigation farming to increase food security

Kano State Government Prioritizes Irrigation Farming to Increase Food Security

By Ifunanya / July 4, 2023

By Jack Acheme, Kano On July 4, 2023 The Kano State Government in North Western Nigeria has made a firm […]

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24529 naira loses further at official market amid currency scarcity

Naira Appreciates by 3.61% and Exchanges at N741.50 Against US Dollar

By Ifunanya / July 4, 2023

In what can be seen as a positive development for the Nigerian economy, the Naira has appreciated against the US […]

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Fuel Subsidy Removal: N400bn Savings Raises Questions

By Ifunanya / July 4, 2023

After more than 30 days of fuel subsidy removal, questions continue to linger regarding the projected ‘N400 billion savings’ that […]

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78220 equities market starts the week with bullish trading

Equities trading begins new week bullish

By Ifunanya / July 3, 2023

Toyin AjadiLast updated Jul 3, 2023 Amid sustained positive sentiment from last week, the market indices of equities trading on […]

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78201 tinubu administration unveils tax collection plan for informal sector

Tinubu Administration Unveils Tax Collection Plan for Informal Sector

By Ifunanya / July 3, 2023

The government of President Bola Ahmed Tinubu has revealed its new initiative, known as the Value Added Tax Direct Initiative, […]

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