Tinubu writes Reps, submits 2024 budget for FCTA
March 12, 2024 President Bola Ahmed Tinubu on Tuesday sent the 2024 budget estimates of the Federal Capital Territory Administration (FCTA) to […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
USD Transactions Plummet by 64.31% as Naira Appreciates: Foreign Reserves at $34.11 Billion
The turnover of US Dollar transactions at the official foreign exchange market took a significant hit, dropping by 64.31% to
Nigeria’s Used Vehicle Imports Skyrocket by 226.46% to N1.06 Trillion in 2023
Nigeria’s used vehicle imports saw a significant surge in 2023, skyrocketing by 226.46% to a staggering N1.063 trillion, as revealed
Guinness Nigeria Plc’s ‘Inspire Inclusion’ Campaign Empowers Female Workforce
Guinness Nigeria Plc has made a bold commitment to support its female workforce in honor of International Women’s Day. The
Nigerian Government Plans to Ramp Up Power Generation to 6,000 Megawatts
The Nigerian Government is taking bold steps to address the country’s electricity supply issues, with plans to increase power generation
Binance Naira Suspension Sparks Fear Among Nigerian Crypto Investors
The recent suspension of naira to dollar exchange services by Binance has sent shockwaves through the Nigerian cryptocurrency community, leaving
Bullish Start to Week: Banking Stocks Drive Nigerian Stock Market Gains
The Nigerian stock market kicked off the week on a positive note, with a surge in interest in banking stocks
African Business News
Federal Witness Admits Emefiele Did Not Confer Unfair Advantage
Federal Government witness Michael Agboro testified in the trial of former Central Bank of Nigeria Governor Godwin Emefiele, stating that
Improving VAT Compliance in Nigeria: Challenges and Solutions
The Value Added Tax (VAT) system in Nigeria has come under scrutiny by the European Union and the Economic Community
Rising Vandalism Threatens Nigeria’s Electricity Infrastructure: TCN Urges Collaboration
Nigeria has been facing a concerning trend of vandalism targeting national electricity assets, with five incidents reported between February and
Naira Struggles: CBN’s Liquidity Woes and Foreign Borrowing Challenges
The Central Bank of Nigeria is facing a liquidity crisis, according to a recent report by the Economist Intelligence Unit.
BREAKING: Bitcoin hits New record above $71,000
11th March 2024 Bitcoin hit a fresh record above $71,000 on Monday as demand for the cryptocurrency picks up amid