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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Minister tasks finance institutions on disbursement of Cabotage fund

By Ifunanya / February 24, 2023

Minister of Transportation, Jaji Sambo The Minister of Transportation, Mu’azu Sambo has urged Primary Lending Institutions and other stakeholders to […]

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Cooking gas price rose by 39% in 12 months – NBS

By Ifunanya / February 24, 2023

File Photo: Cooking Gas Depot The National Bureau of Statistics has revealed that the price of 12.5kg of cooking gas […]

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Insecurity may worsen poverty, unemployment, says report

By Ifunanya / February 24, 2023

Insecurity challenges in the country which continued after 2022 may worsen poverty and high unemployment rate in 2023, according to […]

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21379 cash crisis cbn launches ussd for enaira on bullnet

Cash crisis: CBN launches USSD for eNaira on Bullnet

By Ifunanya / February 24, 2023

The Central Bank of Nigeria has launched the USSD channel of the Central Bank Digital Currency tagged the eNaira on […]

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Nigeria’s GDP growth fell to 3.10% in 2022 –NBS

By Ifunanya / February 23, 2023

Nigeria’s Gross Domestic Product, GDP, growth fell to 3.10 per cent in 2022 from 3.40 per cent in 2021, according […]

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Cashless Policy: Nigerians groan over failed online banking transactions

By Ifunanya / February 23, 2023

Nigerians have continued to lament failed online banking transactions owing to the Central Bank of Nigeria’s cashless policy implementation. Financial […]

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Air Peace suspends flight operations for polls

By Ifunanya / February 23, 2023

File: An Airpeace aircraft Air Peace on Thursday announced that flight operations will be suspended on February 25 as a […]

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Oil theft: Panel seeks review of Niger Delta security plan

By Ifunanya / February 23, 2023

The Chairman, Federal Government’s special investigative panel on oil theft/losses, Major General Barry Ndiomu, has called for the review of […]

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16881 naira swap nigerians react as supreme court suspends cbns feb 10 deadline

Banks, business owners, count huge revenue losses amid naira crisis

By Ifunanya / February 22, 2023

For weeks, there has been chaos in Nigeria’s micro and macroeconomic sectors as commercial banks, business owners and Nigerians continued […]

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15633 Buhari new naira notes

Small businesses battle for survival as naira crisis paralyses operations

By Ifunanya / February 22, 2023

Micro, Small and Medium Enterprises are contending with a barrage of constraints now worsened by the cash crunch nationwide, as […]

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