Naira Depreciates Against USD After Binance Halts Naira Transactions
The Naira’s value against the US dollar continued to decline in the official foreign exchange market, following the discontinuation of […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Federal Government Inaugurates $575bn Gas Infrastructure Fund Council
The Federal Government of Nigeria has taken a significant step towards revolutionizing the country’s gas sector with the inauguration of
Empowering Female Engineers in Nigeria: NASENI’s DELT-Her Initiative
The National Agency for Science and Engineering Infrastructure (NASENI) has made a bold commitment to increase the number of female
SMEDAN Unveils New Brand #HereForProsperity on International Women’s Day
SMEDAN, the Small and Medium Enterprises Development Agency of Nigeria, is undergoing a transformation under the leadership of Director General,
MEMAN Reveals Factors Behind Petrol Price Hike in Nigeria: Landing Cost, Forex Fluctuations, and Subsidy Removal
The Major Energies Marketers Association of Nigeria has shed light on why its members have ceased importing Premium Motor Spirit,
FIRS Charged to Recover N5.19 Trillion in Taxes Owed by MDAs: Urgent Action Needed
The House of Representatives has issued a crucial directive to the Federal Inland Revenue Service (FIRS) to reclaim a staggering
CBN Reports 433% Surge in Diaspora Remittances to $1.3 Billion
The Central Bank of Nigeria has reported a remarkable increase in Diaspora remittances, with a staggering 433% surge to $1.3
Unlocking Nigeria’s $1.5tn Potential: The Blue Economy Revolution
Professor Charles Ogbulogo, the Vice-Chancellor of Maduka University in Enugu State, Nigeria, recently highlighted the immense potential of Nigeria’s blue
Accelerating eNaira Adoption: CBN Partners with Gluwa for Blockchain Innovation
The Central Bank of Nigeria has taken a significant step towards boosting the adoption of eNaira, the country’s digital currency,
President Tinubu Approves Restructuring of NELMCO Board for Power Sector Efficiency
President Bola Tinubu has given the green light for the reconstitution of the Board of the Nigeria Electricity Liability Management
House of Representatives Investigates N5 Trillion Tax Non-Remittance in Nigeria
The House of Representatives in Nigeria has taken a bold step to investigate the non-remittance of a staggering N5 trillion
CBN Threatens Sanctions on Mortgage Banks for Late Regulatory Returns
The Central Bank of Nigeria has issued a stern warning to primary mortgage banks, Microfinance Banks, and Development Finance Institutions