BREAKING: FG increases electricity tariffs
April 3, 2024 The Nigerian Electricity Regulatory Commission (NERC) has ordered instant review of increases in tariffs from Wednesday, April 3. This […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Naira appreciates at official market, gains 2.4%
April 3, 2024 The Naira gained at the official market, trading at N1,278.58 to a dollar on Tuesday. Data from
Convert your dollar to naira now, Reno Omokri advises
April 3, 2024 Social commentator Reno Omokri has warned dollar holders to convert the currency back to the naira. He
Naira sustains rally at N1,245/$ in parallel market
April 3, 2024 The naira yesterday exchanged at N1,245 to dollar in the parallel market. It closed at N1,248 to
Transcorp Hotels grows net profit by 133% to N6 billion
April 3, 2024 Transcorp Hotels Plc rode on the back of increased patronage and operating efficiency to double its profit in
2024 World’s Richest Woman: Françoise Bettencourt Meyers Tops Forbes List
Françoise Bettencourt Meyers, the heiress to the L’Oréal fortune, has once again secured her position as the world’s wealthiest woman
DMO Plans to Raise N1.8 Trillion Through Bond Issuance Amid Rising Debt Stocks
The Debt Management Office (DMO) in Nigeria has announced ambitious plans to raise N1.8 trillion through the issuance and reopening
African Business News
Dangote Refinery’s Diesel Supply to Crash Pump Price, Says IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that the commencement of domestic supply of Automotive Gas Oil
FIRS Apologizes to CAN and Nigerians Over Easter Message Offense
The Federal Inland Revenue Service (FIRS) has issued a formal apology to the Christian Association of Nigeria (CAN) and the
NIN-SIM Linkage: Challenges, Disconnections, and Solutions in Nigeria
Since the Nigerian government introduced the Subscriber Identity Module-National Identification Numbers linkage policy in December 2020, over 40 million phone
CAN knocks FIRS over Easter advert, demands retraction
April 2, 2024 The Christian Association of Nigeria (CAN) has condemned the Easter advert placed by the Federal Inland Revenue
Binance, two officials for arraignment Thursday over alleged money laundering, tax infractions
April 2, 2024 AFederal High Court in Abuja has scheduled the arraignment of Binance Holdings Limited with two of its officials