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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Over 75 per cent of CBN Anchor Borrowers’ loans unpaid – IMF

By Ifunanya / March 2, 2023

The International Monetary Fund, IMF, has disclosed that only 24 per cent of loans disbursed under the Anchor Borrowers’ Programme […]

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Banks’ assets rise to N73tn – CBN

By Ifunanya / March 2, 2023

Central Bank of Nigeria building Total assets of the banking industry grew by N14.36tn or 24.24 per cent from N59.24tn […]

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Honda launches Unicorn motorcycle

By Ifunanya / March 2, 2023

Honda Manufacturing (Nigeria) Limited says the company recently launched a new motorcycle, Honda CB Unicorn, into the Nigerian market to […]

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How rising oil production may boost FG revenue target

By Ifunanya / March 1, 2023

Nigeria’s rig count has been growing since the last quarter of last year and crude oil production has also been […]

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ILO seeks global effort to tackle poverty

By Ifunanya / March 1, 2023

The Director-General, International Labour Organisation, Gilbert Houngbo, has called for a global momentum to strengthen sustainability in order to reduce […]

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Google announces $4m funds for startups in Africa, Europe

By Ifunanya / February 28, 2023

Google has announced applications for the third cohort of its Black Founders Fund for startups in Africa and Euroupe. This […]

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Nigeria’s currency in circulation drops to 1.38trn in January

By Ifunanya / February 28, 2023

The country’s currency-in-circulation dropped from N3.29tn as of the end of October 2022 to N1.38tn as of the end of […]

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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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