African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

15465 NIMASA

NIMASA woos private sector to grow blue economy

By Ifunanya / February 4, 2023

The Director-General of Nigerian Maritime Administration and Safety Agency, Dr. Bashir Jamoh, has called for deeper private sector participation in […]

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15469 flood victims

NEMA, NSCDC partner to tackle election, flood emergencies

By Ifunanya / February 4, 2023

The National Emergency Management Agency and the Nigeria Security and Civil Defence Corps have signed a Memorandum of Understanding to […]

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Nigeria’s external reserves fell by $63.62m in January

By Ifunanya / February 3, 2023

External reserves fell by $63.62 million in January, latest figures from the Central Bank of Nigeria, CBN, have revealed. The […]

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12733 fec okays national duct policy to mitigate damage of infrastructures

Average price of 1GB data reduced to N350 from N1,200 in 4 years – Minister

By Ifunanya / February 3, 2023

The Minister of Communications and Digital Economy, Prof Isa Pantami, has said that the average price of one-gigabyte data was […]

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Missing crude probe: IGP refers Reps to Malami

By Ifunanya / February 3, 2023

The House of Representatives Ad Hoc Committee to Investigate Alleged Loss of Over $2.4bn in Revenue from Illegal Sale of […]

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NNPCL, Daewoo sign N342bn Kaduna refinery rehabilitation deal

By Ifunanya / February 3, 2023

The Nigerian National Petroleum Company Limited and Daewoo Engineering and Construction Nigeria Limited, on Thursday, signed a contract of $740.67m […]

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15246 Google Apple

Google, Apple disappoint in gloomy tech earnings

By Ifunanya / February 3, 2023

Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned […]

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Smuggling: Govt shuts 270 filling stations, deploys DSS

By Ifunanya / February 3, 2023

The Federal Government is now deploying operatives of the Department of State Services on tankers transporting Premium Motor Spirit,  popularly […]

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15184 moodys downgrade of 9 nigerian banks surprising development finance minister

Moody’s downgrade of 9 Nigerian banks surprising development — Finance Minister

By Ifunanya / February 3, 2023

Amidst the money crisis rocking the financial system, the Minister of Finance, Budget and National Planning, Zainab Ahmed has expressed […]

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15144 MONEY

Moody’s downgrades nine Nigerian banks

By Ifunanya / February 3, 2023

An international rating agency, Moody’s Investors Service, has downgraded nine Nigerian banks, following its downward review of Nigeria’s rating last […]

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