African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigerian workers have again demanded at least 50 percent wage increase from the President Bola Ahmed Tinubu government to cushion […]
Continue ReadingThe naira appreciated against the dollar at the parallel foreign exchange market on Tuesday.A Bureau de Change operator in Wuse […]
Continue ReadingThe Central Bank of Nigeria, CBN, has issued fines to at least nine Deposit Money Banks for failing to ensure […]
Continue ReadingThe Nigeria Customs Service has said it granted concessions totalling N1.6 trillion to several sectors of the economy in 2024 […]
Continue ReadingThe National Human Rights Commission, NHRC, has urged the National Assembly to approve a significant increase in its 2025 budget […]
Continue ReadingThe National Assembly has stepped down the 2025 budget for the Ministry of Information and National Orientation. Chairman, Senate Committee […]
Continue ReadingThe Comptroller General of the Nigeria Customs Service, Bashir Adeniyi, said the service collected N6.1 trillion in revenue in 2024, […]
Continue ReadingNigeria’s information, communication, and technology firms, including telecommunications companies in Nigeria, owed deposit money banks N1.69 trillion as of September […]
Continue ReadingNigerian government through the Debt Management Office has announced two savings bond offers. The first one is a two-year bond […]
Continue ReadingMajor petroleum products depots in Nigeria on Monday adjusted their landing cost of premium motor spirit and other petroleum products. […]
Continue ReadingThe National Assembly Joint Committee on Finance has constituted a special committee to probe a shortfall of over N4 trillion […]
Continue ReadingThe naira continued its decline against the dollar at the official foreign exchange market on Monday. FMDQ data showed that […]
Continue ReadingThe Nigerian government has announced that it has commenced the transfer of regulatory oversight of the electricity supply industry to […]
Continue ReadingNigeria’s daily average oil production rose by 152,000 barrels per day last November 2024.This is according to data sourced from […]
Continue ReadingThe end is yet to be heard in the crisis between Femi Otedola and media baron, Nduka Obaigbena, as General […]
Continue ReadingNigerian banks and the federal government, through the Federal Inland Revenue Service, have been enmeshed in disagreement over how much […]
Continue ReadingThe Lagos State Internal Revenue Service has announced January 31, 2025, as the deadline for filing 2024 annual tax returns. […]
Continue ReadingAfrican Development Bank president Akinwumi Adesina said Nigeria has attracted $7.6 billion in investment interests at the Africa Investment Forum […]
Continue ReadingNigeria’s federal government and 21 out of the 36 states in the federation have targeted a combined Value Added Tax […]
Continue ReadingNigeria’s Accountant General of the Federation, Oluwatoyin Madein, has explained that its Consolidated Financial Statement for 2022 has been delayed […]
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