Diesel Price Watch: Average Cost Surges by 50.20% Amid Economic Hardship
The cost of diesel fuel has skyrocketed by over 50% in the past year, adding to the economic woes faced […]
African Business News
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Ogun shuts Food Agro Ltd for environmental infraction
March 24, 2024 In its continued efforts at shielding its residents from harmful effects of environmental infractions that impact on
Minister of Power Affirms Support for Local Meter Manufacturers amid N40 Billion Contract Controversy
In the midst of the recent uproar surrounding a controversial N40 billion meter contract awarded to a foreign company, Minister
Nigeria States at Risk of Insolvency: CPPE Urges Investment Boost
The Centre for the Promotion of Private Enterprise (CPPE) has issued a warning that the economic situation in Nigeria is
Toyota By CFAO: Navigating Tough Business Climate with Quality After-Sales Service
Boye Ajayi, the managing director of Toyota By CFAO, recently shared insights on the company’s survival strategies in a challenging
Customs urges importers to regularise import duty within 90 days
March 23, 2024 The Nigeria Customs Service (NCS) has urged importers and vehicle owners to take advantage of the 90-day
5kg cooking gas sold at N6,154.50 on average in February – NBS
March 23, 2024 The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N5,139.25 recorded
BBNaija’s Miracle graduates from aviation school, certified pilot
March 23, 2024 A former Big Brother Naija housemate, Miracle Ikechukwu Igbokwe has been certified a pilot after his graduation from
Naira Gains N234.01 and N340 Against USD in Past Four Weeks: A Review
In the past four weeks, the Nigerian Naira has shown signs of strength against the US Dollar, gaining N234.01 at
Naira Appreciation Continues as USD Supply Drops by 30.7%
The United States Dollar supply took a significant hit, dropping by 30.7% to $199.71 million on Friday in the foreign
NGX Market Update: Financial Sector Leads Gains, NSLTECH Surges 10%
Investors at the Nigerian Exchange Limited had a profitable week, with a significant increase in market capitalization of N146.95 billion.
Nigeria Customs Service Suspends 25% Penalty on Improperly Imported Vehicles
In a significant move aimed at promoting compliance and easing economic burdens, the Nigeria Customs Service has announced the suspension