African Business News

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77949 federal capital territory tax officers undergo training on auditing

Federal Capital Territory Tax Officers Undergo Training on Auditing

By Ifunanya / July 3, 2023

The Federal Capital Territory Internal Revenue Service (FCT-IRS) has joined forces with the Chartered Institute of Taxation of Nigeria (CITN) […]

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Curb exploitative charges by banks – Financial expert tells CBN

By Ifunanya / July 2, 2023

Mr Okechukwu Unegbu, a financial expert, has called on the Central Bank of Nigeria (CBN) to check the multiplicity of […]

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77708 world bank warns of possible 25 inflation in nigeria following subsidy removal

Subsidy Removal: Inflation in Nigeria may hit 25 percent – World Bank

By Ifunanya / July 2, 2023

The World Bank has projected that inflation may hit 25 percent in 2023 as a result of petrol subsidy removal. […]

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30454 concerns over nigerias inflation free rise expert explains

Fuel Subsidy Removal: World Bank Predicts Nigeria’s Inflation to Reach 25% within Five Months

By Ifunanya / July 2, 2023

The World Bank has recently released its June 2023 edition of the Nigeria Development Update, projecting a significant rise in […]

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77572 us banks boost dividends for third quarter after passing federal reserve stress test

U.S. Banks Boost Dividends for Third Quarter After Passing Federal Reserve Stress Test

By Ifunanya / July 2, 2023

In a sign of their financial strength, several U.S. banks, including JPMorgan Chase, Wells Fargo, Goldman Sachs, and Morgan Stanley, […]

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9703 stakeholders condemn electricity tariff hike call for reversal

DisCo breaks silence on planned electricity tariff hike

By Ifunanya / July 1, 2023

Amid speculations of an electricity tariff hike from July 1, Ibadan Electricity Distribution Company (IBEDC) has said the Nigerian Electricity […]

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77370 ghana power producers call off shutdown after interim deal

Ghana Power Producers Call Off Shutdown After Interim Deal

By Ifunanya / July 1, 2023

Ghana’s independent power producers IPPs have suspended a threatened shutdown from July 1 after reaching an interim deal with the […]

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77317 over 158 companies set to participate in the abuja afritrade business trade show

Over 158 Companies Set to Participate in the Abuja AfriTrade Business Trade Show

By Ifunanya / July 1, 2023

Preparations are at an advanced stage for the highly anticipated AfriTrade business-to-business (B2B) trade show, organized by the Abuja Chamber […]

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IPMAN Denies Plans to Increase Fuel Pump Price to N700, Urges Nigerians Not to Panic

By Ifunanya / July 1, 2023

In response to rumors circulating about a potential increase in the pump price of petrol, the Independent Petroleum Marketers Association […]

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77173 nigeria spends 62 66m on railway debt servicing

Nigeria Spends $62.66M on Railway Debt Servicing

By Ifunanya / July 1, 2023

The Nigerian government has allocated a staggering $62.66 million to service its railway-related debts in the first quarter of 2023, […]

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