African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

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Crude oil sales rise by 46.41% to N21trn – NBS

By Ifunanya / March 10, 2023

Nigeria’s crude oil sales increased by 46.41 per cent to N21.09 trillion total sales in 2022 against N14.41 trillion in […]

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Nigeria’s total trade for Q4 2022 stood at N11.722bn – NBS

By Ifunanya / March 10, 2023

The National Bureau of Statistics, NBS, has said Nigeria’s total merchandise trade stood at N11,722.44 billion in the fourth quarter […]

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Mining benefits waste away amid drive to diversify economy

By Ifunanya / March 10, 2023

Nigeria’s overreliance on oil has made its economy susceptible to external shocks associated with the hydrocarbon industry.  DEBORAH DAN-AWOH writes […]

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27151 firm wants more women in tech sector

Firm wants more women in tech sector

By Ifunanya / March 10, 2023

The Managing Director, International Breweries Plc, Mr Coutino Carlos, has said it is important for women to increase their capacity […]

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Nigeria’s revenue from VAT, Company Income Tax up 33 per cent to 4.92trn

By Ifunanya / March 9, 2023

The federal government’s revenue from Value Added Tax, VAT, and Company Income Tax, CIT, increased by 33 per cent annually […]

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How to plan ahead for annual holiday

By Ifunanya / March 9, 2023

All work and no play makes Jack a dull boy’, sums up the purpose of annual leave employers often grant […]

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NPA boosts TinCan ports security

By Ifunanya / March 9, 2023

The Nigerian Ports Authority has strengthened security at TinCan Island ports with the erection of a concrete fence and the […]

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26494 stock market rebounds as investors gain n107bn

Stock market rebounds as investors gain N107bn

By Ifunanya / March 9, 2023

The Nigerian Exchange Limited on Wednesday rebounded as investors gained N107bn. The market had recorded about N1bn loss on Tuesday. […]

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Cash crunch: CBN gives operational guidelines on open banking

By Ifunanya / March 8, 2023

The Central Bank of Nigeria, CBN, on Wednesday issued operational guidelines for open banking in Nigeria amid the new Naira […]

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Investment firm gets ‘BBB’ rating

By Ifunanya / March 8, 2023

A technology-driven credit rating agency, Datapro in its latest report issued LandWey Investments Limited a long-term rating of “BBB” with […]

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