African Business News

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

4203 electricity consumers demand new tariff reversal

Electricity consumers demand new tariff reversal

By Ifunanya / January 9, 2023

The recent increase in electricity tariff by power distribution companies, as approved by the Nigerian Electricity Regulatory Commission, shows that […]

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Customs hike imported vehicle duty, agents protest

By Ifunanya / January 9, 2023

Freight forwarders have said there may be congestion of imported vehicles at the nation’s seaports following the Nigeria Customs Service’s […]

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47357 lagos ondo bayelsa lead states in rising inflation

Rising inflation, unemployment will persist – Report

By Ifunanya / January 9, 2023

A report by Money Africa has said that Nigerians need to get out of bad debts to survive the financial […]

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Nigeria’s power generation capacity in Q1 2022 drops to 4,712.34mw from 5,465.72mw Q4 2021 – NERC

By Ifunanya / January 8, 2023

Nigeria’s available power generation capacity in the First Quarter of 2022 decreased to 4,712.34MW from 5,465.72MW in the Fourth Quarter […]

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CBN clears air on Polaris Bank sales

By Ifunanya / January 8, 2023

The Central Bank of Nigeria, CBN, has denied claims making the round in some quarters that a higher offer was […]

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ICT, manufacturing to lead economic growth – LCCI

By Ifunanya / January 8, 2023

The Lagos Chamber of Commerce and Industry has projected that the Information Communication Technology and the manufacturing sectors would be the […]

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11 DisCos collected N199.90bn customers’ bill in Q1 2022 – NERC

By Ifunanya / January 8, 2023

The 11 electricity distribution companies, DisCos, in Nigeria collected a total of N199.90 billion in customers’ bills in the first […]

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4059 eedc commences mobile map metering in anambra

EEDC commences mobile MAP metering in Anambra

By Ifunanya / January 8, 2023

The Enugu Electricity Distribution Company Plc (EEDC) has commenced a door-to-door mobile MAP metering to its customers in Anambra State, […]

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54729 estimated billing customers now six million

Unmetered electricity consumers hit 7.8 million

By Ifunanya / January 8, 2023

Nigeria earns N4.4bn from three-month power export The number of power consumers on estimated billing, who lack meters, has risen […]

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4015 why customs must be reformed freight forwarder

Why Customs must be reformed – Freight forwarder

By Ifunanya / January 8, 2023

Lawal Wasiu, the Chief Executive Officer of LWL Concepts Limited, a clearing and forwarding, and maritime logistics company, speaks with […]

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