Lagos lawmaker organises subsidised food market for constituents
March 31, 2024 The lawmaker representing Lagos Island Constituency 1 at the State House of Assembly, Hon. Omolara Oyekan Olumegbon […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Telcos vow to deactivate SIM cards not linked to NIN
March 31, 2024 Telecom operators are proceeding to bar calls from phone numbers that are yet to be linked to
CBN’s recall of BDCs into FX market boosts Naira, says Gwadabe
March 31, 2024 The Association of Bureaux de Change Operators of Nigeria (ABCON) has lauded the decision of the Olayemi Cardoso-led Central
Unclaimed dividends major problem affecting capital market—Africa Prudential MD Nwosu
March 31, 2024 Worried about the growing inventory of unclaimed dividends currently at a staggering N190b in the capital market,
Naira Appreciates by N660 Against USD as BDC Operators Boost Dollar Liquidity
The President of the Association of Bureaux de Change Operators of Nigeria, ABCON, Aminu Gwadabe, has announced that the Naira
Impact of Strengthening Naira on Food Prices: Understanding the Lag Effect
Economists predict that Nigerians may not immediately feel the effects of the recent strengthening of the naira against the dollar
National grid collapses second time in 2024
March 30, 2024 Electricity distribution companies (DisCos) are appealing for understanding from their customers as the country experiences another blackout
Most Nigerians provide electricity for themselves, AfDB’s Adesina laments
March 30, 2024 The President, African Development Bank Group, Dr Akinwumi Adesina, has lamented the living condition of Nigerians amidst current
NAPS Calls for Investigation into Alleged N20 Billion Diversion at CTIN
The National Association of Polytechnic Students (NAPS) has raised concerns over the alleged mismanagement of funds at the Cement Technology
3MTT Programme Faces Technical Glitches as Registration Deadline Approaches
As the deadline for the Federal Government’s 3 Million Technical Talent (3MTT) program approaches on March 31, 2024, technical issues
African Business News
Nigeria’s Automotive Industry Development Plan: Local Vehicle Manufacturing by 2032
The Nigerian government is gearing up to revolutionize its automotive industry by kickstarting local manufacturing of vehicles within the next
CBN Reports $1.5 Billion Inflow Boosting Economy Amid Rising Inflation
The Central Bank of Nigeria has reported a significant boost to the country’s economy, with over $1.5 billion flowing in