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 […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
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
Unlicensed Binance Faces Regulatory Scrutiny in Nigeria: SiBan President Disputes CBN’s $26 Billion Claim
Binance, a popular cryptocurrency platform, is currently facing regulatory issues in Nigeria. Obinna Iwuno, the President of the Stakeholders in
‘The bank is watching you’: This is what happens when you deposit too much cash into your bank account
March 5, 2024 “Big Brother is watching you” — that’s how lots of Americans feel when they deposit or withdraw
African women make $227 million from Shea Butter processing – Okonjo Iweala
March 5, 2024 The Director General of the World Trade Organization (WTO), Dr. Ngozi Okonjo Iweala, has highlighted the untapped potential of
Jeff Bezos overtakes Elon Musk as world’s richest for the first time in three years as Amazon founder’s net worth tops $200bn; Tesla creator’s stumbles $55.8bn
5 March 2024 Jeff Bezos is back on top as the world’s richest man for the first time in three years
BREAKING: Binance leaves Nigeria, suspends all naira services
March 5, 2024 Cryptocurrency exchange, Binance has announced that it will stop providing all services related to the Nigerian naira
Federal Government of Nigeria Bonds: Subscription Process for March 2024
The Debt Management Office (DMO) has recently announced the subscription process for two-year and three-year Federal Government of Nigeria bonds
Dangote Refinery Honors Late Access Bank CEO Herbert Wigwe
Nigerian business magnate and Africa’s wealthiest individual, Aliko Dangote, has made a heartfelt gesture by naming the largest road network
Nigeria’s External Debt Soars Due to Naira Depreciation
Nigeria’s Foreign Debt Soars as Naira Depreciates Nigeria is facing a significant increase in its external debt stock, reaching N28
Edo State Governor Criticizes CBN’s Decision to Raise Monetary Policy Rate
In a recent speech at the Annual Dinner of the Edo Zone Bankers Committee in Benin City, Governor Godwin Obaseki
Warning from CBN: Nigeria Faces Debt Distress Risk Due to Changing Borrowing Trends
The Central Bank of Nigeria has issued a warning to Nigeria and other West African nations regarding their borrowing practices.