Vivendi’s Canal+ Offers $2.9 Billion to Acquire MultiChoice, Expanding Reach in Africa’s Media Market
French media giant Canal+, owned by Vivendi, has made a bold move in the African media market by offering a […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria Secures $1.05bn Oil-Backed Syndicated Loan for Economic Revival
Nigeria is on the brink of a major financial boost, as the country is set to receive a $1.05 billion
Emirates to Resume Flights with Nigeria Following Diplomatic Efforts
Emirates Airlines, based in the United Arab Emirates (UAE), is set to resume flights to Nigeria after a period of
Tinubu Media Support Group Defends Electricity Subsidy Removal for Majority
The Tinubu Media Support Group (TMSG) has spoken out against the recent public outcry regarding the removal of electricity subsidies
CBN Circular Boosts NAFEM Activity and Naira’s Gains: Expert Analysis
Finance and Business Transformation expert, Prof Adegbemi Onakoya, has highlighted the positive impact of the Central Bank of Nigeria’s recent
Financial Expert Urges Central Bank of Nigeria to Sell Naira at N1000 to USD
Financial expert Kalu Aja has proposed a bold solution to the Central Bank of Nigeria, suggesting that the Naira should
Promoting Fairness: Mandating Metering for Unmetered Band A Customers
The Federal Competition and Consumer Protection Commission is pushing for a major change in Nigeria’s electricity sector, calling on the
African Business News
FCCPC Urges Metering of Electricity Customers to Prevent Dissatisfaction
The Federal Competition and Consumer Protection Commission (FCCPC) has raised concerns about the recent tariff hike implemented by electricity distribution
African Business News
CIBN Achieves 63.60% Revenue Growth, Hits N1.37 Billion in 2023
The Chartered Institute of Bankers of Nigeria (CIBN) has reported a remarkable 63.60% increase in operating revenue, reaching N1.37 billion
NGX Group Plans N10bn Rights Issue to Boost Capital Amid Strong Financial Performance
The Nigerian Exchange Group is gearing up to raise N10 billion in additional capital through a rights issue, as announced
Osun State Governor Urges IBEDC to Address Epileptic Power Supply
Osun State Governor, Ademola Adeleke, is taking a stand against the ongoing issue of erratic power supply in the state.
Electricity Tariff: NERC instructs DisCos to refund overcharged customers, April 11
April 6, 2024 The Nigerian Electricity Regulatory Commission (NERC) has instructed eleven electricity distribution companies (Discos) to reimburse customers incorrectly