NNPC Denies Price Reduction Rumors for PMS and Diesel, Urges Nigerians to Disregard
The Nigeria National Petroleum Corporation (NNPC) has strongly refuted recent claims circulating online that it has lowered the prices of […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
ABCON Predicts Naira to Appreciate to N1,000 per USD by December 2024
The Association of Bureau de Change Operators in Nigeria, ABCON, has made a bold prediction regarding the future of the
Cubana Chief Priest unveils six-year-old son’s hotel project
March 27, 2024 Popular socialite, Pascal Chibuike better known as Cubana Chief Priest has unveiled his son’s multimillionaire project. He shared via
Dollar Selling at N1,000/$1 in Abuja Contradicted by BDC Operators
Bureau De Change operators have refuted claims that the dollar is selling at N1,000/$1 in Nigeria, despite viral reports on
African Business News
IBEDC Disconnects UCH Over N400M Debt: Power Supply Crisis Deepens
IBEDC Cuts Power Supply to UCH Over N400 Million Debt Dispute In a surprising turn of events, the University of
Naira will continue to stabilise – Shettima assures
March 27, 2024 Vice President Kashim Shettima has assured that the Naira will continue to stabilise in the coming weeks
Nigeria’s Economic Resilience: IMPI Commends Fiscal and Monetary Policy Authorities
The Independent Media and Policy Initiative (IMPI) has praised the fiscal and monetary authorities in Nigeria for their efforts to
NCC Reports Record Data Consumption in Nigeria, 4G Subscriptions on the Rise
In a groundbreaking development, the Nigerian Communications Commission (NCC) has reported a record-breaking data consumption of 721,522 terabytes in a
Eko Electricity Distribution Company Appoints Rekhiat Momoh as Acting CEO
Eko Electricity Distribution Company has made a significant change in its leadership, with the appointment of Rekhiat Momoh as the
Naira Appreciation Continues: Binance Speculators Proven Wrong by CBN Governor Cardoso
In a surprising turn of events, the Naira continues to rise in value in the foreign exchange market, much to
Nigeria’s Interest Rate Hike to 24.75% Sparks Inflation Concerns
The recent decision by the Central Bank of Nigeria to increase the Monetary Policy Rate (MPR) from 22.75 per cent
Naira Appreciation Continues: Hits N1,290 per USD Amid CBN Interest Rate Hike
The Nigerian Naira’s strength against the US dollar continued to soar on Monday, reaching an impressive exchange rate of N1,290