African Business News

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

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Interswitch restates commitment to youth empowerment

By Ifunanya / May 17, 2023

Integrated payments and digital commerce company, Interswitch Group says it is committed to empowering young talents in the country. According […]

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NERC to cancel KAEDCO’s licence over N51bn underpayment

By Ifunanya / May 16, 2023

The Nigerian Electricity Regulatory Commission (NERC) has expressed its intention to cancel Kaduna Electricity Distribution Company, KAEDCO’s licence after 60 […]

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UBA director acquires two million units of bank’s shares

By Ifunanya / May 15, 2023

The Executive Director, Risk Management and Finance of the United Bank for Africa, Ugochukwu Nwaghodoh, has purchased two million units […]

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Nigeria’s Inflation Rate Continues to Rise, Reaches 22.22%

By Ifunanya / May 15, 2023

Nigeria’s inflation rate has risen again, reaching 22.22% in April 2023, up from 22.04% recorded in March. This information was […]

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CBN Launches SabiMONI, an E-Learning Platform to Promote Financial Literacy

By Ifunanya / May 15, 2023

The Central Bank of Nigeria (CBN) recently launched a fully digital e-learning platform, SabiMONI, that aims to promote financial literacy […]

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Dangote Refinery Experts Skeptical About $10bn Projected Savings for Nigeria

By Ifunanya / May 15, 2023

As the Dangote Refinery prepares for its commissioning next week, an oil and gas expert, Bala Zakka, has expressed doubt […]

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States paying outgoing govs jumbo pensions owe N3tn debt

By Ifunanya / May 15, 2023

States Paying Outgoing Governors Jumbo Pensions Owe N3tn Debt TUC warns govs to pay workers’ arrears, experts flay jumbo packages […]

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Nigerian Institute of Surveyors Urges Members to Ensure Accurate Coordinates

By Ifunanya / May 15, 2023

The Nigerian Institute of Surveyors (NIS) has called on its members to ensure the accuracy of coordinates for land, in […]

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61189 nigeria spending n50bn daily on fuel subsidies that favour the rich activist

Nigeria Spending N50bn Daily on Fuel Subsidies that Favour the Rich – Activist

By Ifunanya / May 14, 2023

The Chief Executive Officer of Connected Development, Malam Hamzat Lawal, has spoken out against the continued payment of fuel subsidies […]

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$800m loan: Nigeria left with no choice but to Borrow – World Bank Director, Chaudhuri

By Ifunanya / May 14, 2023

Shubham Chaudhuri, the Country Director World Bank for Nigeria, said Africa’s most populous nation has no choice but to borrow […]

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