African Business News

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

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Petrol may hit N800/litre on subsidy removal – Marketers

By Ifunanya / January 23, 2023

As the scarcity of the Premium of Motor Spirit, popularly called petrol, continued on Sunday, oil marketers have stated that […]

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Buhari to attend International Conference on Agriculture in Senegal, Tuesday

By Ifunanya / January 23, 2023

President Muhammadu Buhari will depart Lagos for Senegal on Tuesday, where he will attend the 2nd edition of the Dakar […]

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Google deletes over 1.7 billion ads in Nigeria, other African countries

By Ifunanya / January 23, 2023

Global tech giant, Google, has disclosed that it deleted over 1.7 billion ads, restricted over 5.7 billion, and suspended over […]

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Onochie seeks stakeholders’ support to achieve NDDC mandate

By Ifunanya / January 23, 2023

The Chairman of Governing Board of the Niger Delta Development Commission, Mrs Lauretta Onochie, has urged stakeholders in the Niger […]

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Six listed firms violated rules in 2022 – Report

By Ifunanya / January 23, 2023

Six listed companies on the local bourse violated the listing rules of the Nigerian Exchange Limited on unauthorised publication and […]

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Companies pay N11.5tn tax under Buhari – Report

By Ifunanya / January 23, 2023

The Federal Government has raked in N11.5tn from taxes paid by business organisations under the administration of Major Gen. Muhammadu […]

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Interest rate hike likely as MPC meets today

By Ifunanya / January 23, 2023

Ahead of the two-day Monetary Policy Committee meeting of the Central Bank of Nigeria commencing on Monday (today), financial experts […]

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Skyrocketing rents drive tenants to city outskirts

By Ifunanya / January 22, 2023

Many Nigerians are faced with a consistent increase in annual house rents; some of them have resorted to living in […]

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Firms collaborate to promote climate-related investments

By Ifunanya / January 22, 2023

 Investec Bank Limited has just announced its partnership with Proparco Development Finance Company to scale up its climate investments. According […]

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Oil production crashes by 83% – Report

By Ifunanya / January 22, 2023

Nigeria’s ability to produce crude oil has crashed by 83 per cent, findings have shown. Data sourced from the Organisation […]

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