West Africa Gateway International Trade Fair: Business Connection & Investment
Foreign companies from across West Africa are gearing up for the highly anticipated Gateway International Trade Fair, set to take […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Naira Gains 21.9% Against US Dollar in One Month, Hits N1251.05 – FMDQ Data
In the past month, the Nigerian Naira has seen a significant appreciation against the US Dollar, with the exchange rate
Federal Government Empowers Farmers in Abia, Kebbi, and Yobe with Agricultural Inputs
The Federal Government recently made a significant announcement regarding the distribution of agricultural inputs to farmers in Abia, Kebbi, and
Nigerian Minister of Power Defends Decision to Reduce Electricity Subsidy
Minister of Power, Adebayo Adelabu, has made a bold statement regarding the recent electricity tariff hike in Nigeria. During a
Economic Recovery in Nigeria: Dangote and Onyema Leading the Way
Renowned Nigerian legal expert and former chairman of the Nigerian Bar Association, Olisa Agbakoba, SAN, has recently shared his insights
President Tinubu Closes Investigation into CBN Operations by Special Investigator Jim Obazee
President Bola Ahmed Tinubu has officially brought an end to the investigation led by Jim Obazee into the operations of
Abiola Makinde lays foundation for movie village in Ondo
April 5, 2024 In a bid to support the entertainment industry and boost the economy of Ondo State, lawmaker representing
NGX Market Capitalization Drops by N252 Billion, All-Share Index Falls 0.43%
The Nigerian Exchange Limited, NGX, experienced a significant downturn in the stock market on Thursday, resulting in a loss of
Abuja Electricity Distribution Company Faces Backlash Over New Electricity Tariff Hike
Abuja Electricity Distribution Company recently implemented a new electricity tariff that has left customers feeling uneasy. The Nigerian Electricity Regulatory
African Business News
CBN Sells N676.65 Billion in OMO Bills at 21% Interest Rate
The Central Bank of Nigeria (CBN) recently conducted an Open Market Operation (OMO) auction, selling a total of N676.65 billion
Arik Air Clarifies Port Harcourt Airport Incident Due to Weather
Arik Air Clarifies Stranded Passengers Incident at Port Harcourt Airport Arik Air has addressed the recent incident that left passengers
African Business News
Naira Continues Appreciation Against US Dollar Despite Drop in FX Turnover
The Nigerian naira continues to strengthen against the US dollar, defying expectations as foreign exchange turnover transactions at the FX