African Business News

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New naira: No bank will be shut down – CIBN

By Ifunanya / February 14, 2023

The Chartered Institute of Bankers of Nigeria has reiterated the statement of the Central Bank of Nigeria reassuring Nigerians that […]

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FG opposes creation of new agencies

By Ifunanya / February 13, 2023

…Says some agencies competing for roles A proposal for the creation of new agencies to monitor and evaluate projects by […]

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18524 Baba Keji

Alaafin of Oyo: Oldest palace worker, Baba Keji, dies at 120

By Ifunanya / February 13, 2023

13th February 2023 Photo credit: Tribune Morenikeji Lasisi, popularly known as Baba Keji in the palace of Alaafin of Oyo […]

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Nigeria will surpass $4.8bn revenue from non-oil export in 2023 – NEPC

By Ifunanya / February 13, 2023

The Nigerian Export Promotion Council, NEPC, said the agency would surpass $4.8 billion in revenue it generated in 2022. Ekiti […]

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Businesses in FCT defy Supreme Court, reject old naira

By Ifunanya / February 13, 2023

Some businesses in Abuja, the Federal Capital Territory, are rejecting the old naira notes despite a Supreme Court order temporarily […]

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Stakeholders plan talks on tourism growth

By Ifunanya / February 13, 2023

Stakeholders in the tourism industry will be converging on South Africa for this year’s Meetings Africa, to discuss how to […]

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Manufacturers groan as FX crisis worsens

By Ifunanya / February 13, 2023

The Manufacturers Association of Nigeria has said that the Central Bank of Nigeria’s processes of allocating foreign exchange have its […]

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$4.8bn earned from non-oil export in 2022 – NEPC

By Ifunanya / February 13, 2023

The Nigerian Export Promotion Council has expressed its commitment to ensure that in 2023, Nigeria makes more than $4.82bn it […]

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Aircraft management firm gets recognition

By Ifunanya / February 13, 2023

A foremost aircraft management and charter flight company, Leading-Edge Aviation, has emerged as the best operator in the Charter Flight […]

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NMDPRA expands database to cover crude oil inventory

By Ifunanya / February 12, 2023

The Federal Government has announced plans to establish a reliable database to determine the appropriate tariff methodology for the country’s […]

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