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 […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
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
Nigeria’s Ambitious Plan to Become a Vehicle Manufacturing Hub
Nigeria Aims to Become a Major Player in Vehicle Manufacturing Industry Nigeria is set to make a significant mark in
CBN’s Effective Monetary Policy Results in $1.5bn Inflows, Naira Gains
The Central Bank of Nigeria has announced a significant boost to the Nigerian economy, with over $1.5 billion flowing in
Port Harcourt-Aba railway to begin operation in April, says FG
March 29, 2024 The federal government has pushed the commencement date for the operation of the Port Harcourt –Aba section of
Controversy Erupts Over N90 Billion Hajj Subsidy Amid Economic Hardship
Nigerians have expressed outrage over President Bola Tinubu’s government’s decision to allocate N90 billion for the subsidization of the 2024
African Business News
CBN Removes Limits on PAPSS Transactions to Boost Intra-Africa Trade
The Central Bank of Nigeria (CBN) has made a significant move to boost trade and payment services transactions on the
Boosting Nigeria’s Manufacturing Sector: Calls for Government Subsidies and Access to Finance
Manufacturers in Nigeria are calling on the Federal Government to provide subsidies to the production industry in order to combat