African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
By Mustafa Chike-Obi & Adetilewa Adebajo The interest rate spread is the difference between the interest rates charged on loans […]
Continue ReadingNigeria’s currency firmed up significantly against the dollar in both official and parallel foreign exchange markets to end the week. […]
Continue ReadingFor his exceptional leadership and contributions to banking and finance, the Board Chairman of Fidelity Bank Plc, Mr Mustafa Chike-Obi, […]
Continue ReadingThe Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said if not for the bank’s decisive policy interventions, […]
Continue ReadingNigeria’s Minister of Finance, Wale Edun, has warned the federal government’s ministries, departments, and agencies to comply with the revised […]
Continue ReadingThe naira recorded massive gains, the highest in months, to continue its appreciation streak against the dollar on the foreign […]
Continue ReadingThe Nigerian government has ignored calls by Nigerians and telecommunications subscribers to either reverse or slash the telecom tariff hike […]
Continue ReadingThe Benue Internal Revenue Service, BIRS, has raked in N2.2b as Internally Generated Revenue, IGR, from December to January. This […]
Continue ReadingNigeria’s electronic payment transactions hit a historic high of N1.07 quadrillion in 2024. This feast was revealed in recent data […]
Continue ReadingThe Bank of Canada on Wednesday further cut its interest rate by 25 basis points, bringing the country’s monetary policy […]
Continue ReadingThe National Inland Waterways Authority, NIWA, on Wednesday disclosed that it will grow its revenue by over 200 per cent […]
Continue ReadingThe naira further firmed up against the dollar at the foreign exchange market on Wednesday, marking the second consecutive day […]
Continue ReadingGovernor of the Central Bank of Nigeria, Olayemi Cardoso, has issued a stern warning to commercial banks and Bureau De […]
Continue ReadingNigeria has secured a $1.1 billion loan from the African Development Bank to provide electricity for 5 million people by […]
Continue ReadingThe Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has said the issuance of gas distribution licences to petroleum […]
Continue ReadingAbuja Electricity Distribution Company, AEDC, has confirmed a power outage in parts of the Federal Capital Territory, Abuja. AEDC disclosed […]
Continue ReadingThere can be no better time than now for the take-off of the National Single Window initiative aimed at eliminating […]
Continue ReadingThe Nigerian currency, the naira, appreciated massively against the dollar in both parallel and official foreign exchange markets on Tuesday. […]
Continue ReadingThe Nigeria Customs Service has issued a 30-day deadline for consignment imports clearance at the nation’s port terminals. The spokesperson […]
Continue ReadingThe Central Bank of Nigeria has granted a waiver to authorized Bureau De Change operators on the 2025 non-refundable annual […]
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