African Business News

The Nigerian government has committed to imposing a 50% penalty on electricity distribution companies due to persistent outages and inadequate […]

The impact of rising living costs under the leadership of President Bola Ahmed Tinubu in Nigeria has reached a critical

The Federal Competition and Consumer Protection Commission (FCCPC) is urging electricity consumers to report distribution companies (DisCos) that fail to

The Nigerian Civil Aviation Authority (NCAA) has announced measures to tackle the continuous surge in airfare costs. The Acting Director-General,

The International Monetary Fund (IMF) has advised the Federal Government of Nigeria to eliminate electricity subsidy, emphasizing the importance of

Residents in parts of the southeastern region are facing severe electricity shortages, with the Enugu Electricity Distribution Company (EEDC) claiming

February 12, 2024 The Federal Inland Revenue Service (FIRS), says it has no plans to tax online content creators. According to a

The Federal Inland Revenue Service (FIRS) has clarified that it has no intention of imposing taxes on online content creators.

Nigerian port workers have issued a stark ultimatum, threatening to halt operations across the country’s port sector if President Bola

February 12, 2024 Investors are dumping Federal Government of Nigeria (FGN) Bonds after the Central Bank of Nigeria (CBN) raised yield for

New data from the International Monetary Fund (IMF) reveals that Nigeria’s foreign reserves have plummeted to a historic low of

The Federal Competition and Consumer Protection Commission (FCCPC) has expressed its support for the Nigerian Electricity Regulatory Commission’s (NERC) recent