Controversy Surrounds N24bn Foreign Exchange Subsidy Approval for Muslim Pilgrimage Amid Nigerian Hardships
A storm of confusion has erupted as allegations surface of President Bola Ahmed Tinubu’s approval of N24.143 billion as a […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria Attracts Strong Capital Investments from UK, Mauritius, and Netherlands
The National Bureau of Statistics revealed that Nigeria welcomed substantial capital investments from the United Kingdom, Mauritius, and the Netherlands
Nigeria’s Ambition to Lead Global Palm Oil Production
As the clamor for establishing commodities boards intensifies to manage soaring food prices in Nigeria, the Managing Director of Okitipupa
Naomi Campbell teases a glimpse of her cleavage-enhancing bustier beneath a chic suit as she promotes new BOSS collection at Selfridges
February 17, 2024 Naomi Campell oozed sophistication as she attended a Naomi x BOSS pop-up event at Selfridges in London
CIBN Advocates for Senate Approval of Proposed Act Bill
The Chartered Institute of Bankers of Nigeria (CIBN) has urged the Senate to pass its proposed Act Bill, as President
Lagos State Government Disburses N138.1 Billion in Pensions Over Seven Years
The Lagos State Government has revealed that it has paid out a total of N138.1 billion in accrued pension rights
Central Bank of Nigeria Lowers Import Duty Exchange Rate by 2.8% in 2024
The Central Bank of Nigeria (CBN) has announced a 2.8% reduction in the exchange rate for computing customs duties following
Naira’s Depreciation Against US Dollar Continues Amid CBN’s Interventions
The Naira experienced a significant depreciation against the US dollar at the end of last week, with the foreign exchange
Naira Slides as Banks Sell $3.3 Billion Amid CBN Efforts
The Nigerian naira experienced a recent decline in both official and parallel foreign exchange markets on Friday. The national currency
Supreme Court voids AMCON takeover of Lagos Hotel
on February 17, 2024 The Supreme Court on Friday affirmed the judgment of the Court of Appeal which nullified the takeover
Bola Tinubu Approves Continuation of Tax Credit Scheme, Federal Inland Revenue Service Confirms
In a significant development, the Federal Inland Revenue Service (FIRS) announced on Friday that President Bola Tinubu has given the
Can Africa’s New Trade Treaty Revolutionize Business on the Continent?
African countries that have long traded with others outside the continent are now shipping goods to each other. Feb 16,