African Business News

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NGX closes positive as investors gain N207bn

By Ifunanya / February 28, 2023

The first day of trading in the week closed positively for investors on the Nigerian stock exchange as they gained […]

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Nokia changes logo

By Ifunanya / February 28, 2023

Nokia announced plans on Sunday to change its brand identity for the first time in nearly 60 years, complete with […]

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22540 us extends tourist visa validity to five years for nigerians

US extends tourist visa validity to five years for Nigerians

By Ifunanya / February 27, 2023

The United States of America has announced that starting March 1, 2023, it will increase visitor visa validity from 24 […]

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Nigerians lament economic woes over Naira crisis amid election

By Ifunanya / February 27, 2023

As the focus shifted to Saturday’s Presidential and National Assembly elections results, Nigerians have continued to lament the untold hardship […]

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UNECA projects $1.977b African economy by 2030

By Ifunanya / February 27, 2023

An economic advisory group, the United Nations Economic Commission for Africa, UNECA, has projected Africa’s economy to reach 1,977.6 billion […]

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NCAA lauds Dana for safety standard

By Ifunanya / February 27, 2023

The Nigerian Civil Aviation Authority has commended Dana Air for grounding its airplanes for proper maintenance checks. The Director General […]

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Manufacturing slowdown fuelling FX shortage – NESG

By Ifunanya / February 27, 2023

The Nigerian Economic Group Summit says Nigeria’s weak manufacturing is a major factor fuelling shortage of foreign exchange The NESG […]

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Oil production slows by 13% –Report

By Ifunanya / February 26, 2023

FILE PHOTO: Crude oil production Crude oil production which accounts for around two-thirds of government revenue and 90 per cent […]

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FG identifies new fields for 681,000bpd oil production

By Ifunanya / February 26, 2023

The Federal Government has identified new oil fields capable of delivering about 681,000 barrels of crude oil per day and […]

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Exporters eye $158bn market as FG lifts charcoal ban

By Ifunanya / February 25, 2023

To boost the country’s foreign exchange earnings, the Federal Government has announced the conditional lifting of the charcoal and processed […]

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