NGX Surges With ASI Appreciating by 0.62%, Closing at 78,020.54 Points
The Nigeria Exchange Limited has once again witnessed an outstanding surge, with the All-Share Index (ASI) appreciating by 0.62%, reaching […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Naira Surges Against US Dollar in 2024 Forex Market Revival
In a significant turn of events, the Naira saw its first major upturn of 2024, gaining ground against the US
Reviving Nigeria’s Steel Industry: FG Teams Up with Chinese Firm to Boost Manufacturing and National Security
In a strategic move to transform Nigeria’s industrial landscape, the Federal Government has entered into talks with Luan Steel Holding
African Business News
Nigeria’s Economic Outlook: CPPE Forecasts Brighter Future for 2024
The Centre for the Promotion of Private Enterprise (CPPE) has projected a positive trajectory for Nigeria’s economy in 2024. According
Customs Affirms Unwavering Commitment to N5 Trillion Revenue Target by 2024
In a resolute declaration, the Comptroller-General of Nigeria Customs Service, Adewale Adeniyi, has asserted the unyielding determination of the service
Challenges in Business Environment Lead to Exit of Syringe Manufacturer from Nigeria
Nigeria, often considered a land of opportunity for multinational companies, faces another setback as Jubilee Syringe Manufacturing, the once-largest syringe
Osun Governor, Ademola Adeleke, Vows to Drive Mining Sector Reforms for State’s Economic Growth
Osun State Governor Ademola Adeleke has affirmed his commitment to advancing the reform agenda within the state’s mining sector, with
Fresh Update on Fuel Price in Nigeria: IPMAN Clarifies Rumors of Increase
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has addressed the recent uproar over alleged fuel price increases in the
African Business News
Nigeria Customs Service Reports Record Revenue Generation in Kano and Jigawa
The Nigeria Customs Service, Kano/Jigawa Command, has achieved a significant milestone by generating an impressive N52.7 billion in revenue for
Nigeria’s National Identity Enrollment Surges to 104.16 Million, Striving Towards World Bank Target
In a significant stride towards universal identification, Nigeria’s National Identity Number (NIN) enrollment has soared to 104.16 million as of
Local Rice Prices Surge 73% in Nigeria, Driving Food Inflation
Amidst increasing production costs and logistical challenges, the price of local rice in Nigeria has surged by a staggering 73.2%
Obasanjo Warns of Impending Burden: Future Generations to Inherit Africa’s Debt Crisis
In a stark warning, former Nigerian President Olusegun Obasanjo has underscored the inevitability of the next generations of Africans bearing