African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria’s Value Added Tax, VAT, collections rose by 84.62 per cent to hit N6.72 trillion in 2024. The Federal Inland […]
Continue ReadingBy Mustafa Chike-Obi & Adetilewa Adebajo The interest rate spread is the difference between the interest rates charged on loans […]
Continue ReadingNigeria’s currency firmed up significantly against the dollar in both official and parallel foreign exchange markets to end the week. […]
Continue ReadingFor his exceptional leadership and contributions to banking and finance, the Board Chairman of Fidelity Bank Plc, Mr Mustafa Chike-Obi, […]
Continue ReadingThe Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said if not for the bank’s decisive policy interventions, […]
Continue ReadingNigeria’s Minister of Finance, Wale Edun, has warned the federal government’s ministries, departments, and agencies to comply with the revised […]
Continue ReadingThe naira recorded massive gains, the highest in months, to continue its appreciation streak against the dollar on the foreign […]
Continue ReadingThe Nigerian government has ignored calls by Nigerians and telecommunications subscribers to either reverse or slash the telecom tariff hike […]
Continue ReadingThe Benue Internal Revenue Service, BIRS, has raked in N2.2b as Internally Generated Revenue, IGR, from December to January. This […]
Continue ReadingNigeria’s electronic payment transactions hit a historic high of N1.07 quadrillion in 2024. This feast was revealed in recent data […]
Continue ReadingThe Bank of Canada on Wednesday further cut its interest rate by 25 basis points, bringing the country’s monetary policy […]
Continue ReadingThe National Inland Waterways Authority, NIWA, on Wednesday disclosed that it will grow its revenue by over 200 per cent […]
Continue ReadingThe naira further firmed up against the dollar at the foreign exchange market on Wednesday, marking the second consecutive day […]
Continue ReadingGovernor of the Central Bank of Nigeria, Olayemi Cardoso, has issued a stern warning to commercial banks and Bureau De […]
Continue ReadingNigeria has secured a $1.1 billion loan from the African Development Bank to provide electricity for 5 million people by […]
Continue ReadingThe Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has said the issuance of gas distribution licences to petroleum […]
Continue ReadingAbuja Electricity Distribution Company, AEDC, has confirmed a power outage in parts of the Federal Capital Territory, Abuja. AEDC disclosed […]
Continue ReadingThere can be no better time than now for the take-off of the National Single Window initiative aimed at eliminating […]
Continue ReadingThe Nigerian currency, the naira, appreciated massively against the dollar in both parallel and official foreign exchange markets on Tuesday. […]
Continue ReadingThe Nigeria Customs Service has issued a 30-day deadline for consignment imports clearance at the nation’s port terminals. The spokesperson […]
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