African Business News

In a tumultuous year plagued by currency devaluation, the Naira, Nigeria’s official currency, took a beating as it depreciated by […]

In a significant move to tackle the acute foreign exchange shortage affecting its economy, the Nigerian Federal Government has successfully

The Nigerian Investment Promotion Commission has announced that it approved tax holidays for 34 companies seeking tax incentives and waivers

Nasarawa State’s Governor, Abdullahi Sule, has officially signed off on the state’s N199.8 billion budget for the 2024 fiscal year.

The Central Bank of Nigeria has revealed in its third quarter report that the Federal Government has witnessed an unprecedented

In a recent report by African Financials, Dangote Group has solidified its position as the second-best performing company in Sub-Saharan

The Nigeria Exchange Limited (NGX) concluded 2023 on a high note, with the All-Share Index (ASI) appreciating by 0.36%, reaching

Nigeria is set to establish a new digital currency known as cNGN, pegged to the country’s national currency, the Naira,

The Nigerian federal government has expanded the list of designated motor parks where travelers can benefit from a 50% discount

In November 2023, Nigeria experienced a substantial increase in the prices of staple food items, including beef, rice, beans, onion,

Unraveling the End-of-Year Spiral: Crude Oil Prices Set to Conclude 2023 with a 10% Dip As 2023 draws to a

In a bid to achieve a staggering N10 trillion revenue, the Presidential Committee on Fiscal Policy and Tax Reforms in