Central Bank of Nigeria Issues Warning on Timely Submission of Regulatory Returns
The Central Bank of Nigeria has issued a stern warning to primary mortgage banks, development finance institutions, and microfinance banks […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
USD Supply Plunges by 42% as Binance Impact Hits Nigerian Exchange Market
The foreign exchange market in Nigeria experienced a significant shift this week, with the supply of US dollars dropping by
Unlocking Rural Electrification in West Africa: Addressing High Tariffs for Affordable Energy Solutions
Schneider Electric, a leading energy company, has identified high tariffs as a major obstacle to electricity access in rural communities
Computer Village Relocation to Katangua: Impact on Vendors & Revenue Loss
The bustling streets of Computer Village in Ikeja, Lagos, have long been a beacon of technological innovation in Nigeria. From
Minister of Power Threatens License Revocation for DisCos Over Power Supply Decline
Minister of Power Threatens to Revoke Licenses of Electricity Distribution Companies The Minister of Power, Adebayo Adelabu, has issued a
Nigerian Ports Authority Unveils $1 Billion Port Reconstruction Plan
The Nigerian Ports Authority (NPA) has unveiled an ambitious $1 billion reconstruction plan for the Tincan Island Port Complex and
Rising Garri Prices in Nigeria: 108% Increase Due to Cassava Shortage
The cost of garri, a beloved staple food in Nigeria, has skyrocketed by 108% in just three months, hitting a
President Bola Tinubu Congratulates Dr. Akinwumi Adesina on Obafemi Awolowo Prize Win
President Bola Tinubu has extended his heartfelt congratulations to Dr. Akinwumi Adesina, the esteemed President of the African Development Bank
Reps set to probe cryptocurrency, others
March 6, 2024 The House of Representatives yesterday took a decision to investigate the current status of Cryptocurrency, blockchain, digital
World Bank: New data show massive, wider-than-expected global gender gap
March 6, 2024 World Bank on glass building. The global gender gap for women in the workplace is far wider
Manufacturers Association of Nigeria Condemns Expatriate Employment Levy
In 2023, the Nigerian manufacturing sector faced a significant blow, with 767 manufacturers shutting down their operations and 335 others
Central Bank of Nigeria Governor Olayemi Cardoso’s Economic Reforms
Since taking office in October 2023, Central Bank of Nigeria Governor, Olayemi Cardoso, has been implementing various reforms to stabilize