African Business News

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Oil Firms Owe Banks N5.93tn Amid Losses, Theft

By Henry Orji / August 24, 2022

Data from the Central Bank of Nigeria (CBN) has shown that oil firms operating in the downstream and upstream subsectors […]

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Reps Question TCN Over $33m Payment To GenCo

By Henry Orji / August 24, 2022

The House of Representatives Committee on Finance has berated the representatives of the Transmission Company of Nigeria, TCN, over its […]

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Nigeria’s Debt: China Confirm Plan To Forgive Loans To 17 African Countries

By Henry Orji / August 24, 2022

The Chinese government has announced its plans to absolve 23 interest-free loans to 17 African countries. Though China has failed […]

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Aboki Rate: Latest US Dollar To Naira Black Market Rates Today, 24 August 2022

By Henry Orji / August 24, 2022

What is the Dollar to Naira Exchange rate at the official CBN rate, aboki fx, and the black market? How […]

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