African Business News

World Bank Urges Nigeria to Consider N750/litre Fuel Price Amid Backlash from Key Stakeholders Nigerians are in for tougher times […]

The Comptroller-General of Customs, Adewale Adeniyi, has made a resolute commitment to tackling the challenges plaguing clearance processes at ports

In November 2023, Nigeria’s oil-producing states struck gold as they received a staggering N75.410 billion, a 13 percent share of

The Nigeria Deposit Insurance Corporation (NDIC) has taken swift action to compensate customers affected by the revocation of licenses from

The Abia State Government, led by Governor Alex Otti of the Labour Party, is considering borrowing to finance a substantial

The Nigerian government has taken decisive action by shutting down the operations of Ready Finance Investors Limited due to its

Dr. Titus Okunrounmu, a former director of the Research Department at the Central Bank of Nigeria (CBN), has sounded the

A recent report by the National Bureau of Statistics (NBS) revealed that Nigeria’s food inflation surged to 32.84% in November,

Nigeria’s economy has been rocked by a dramatic surge in inflation, with the headline inflation rate soaring to 28.20% in

The Naira enjoyed a surge against the US dollar on Thursday, marking a significant milestone in the foreign exchange landscape.

Nigeria’s Electricity Regulatory Commission (NERC) has reported a substantial increase in the cashflow within the country’s power sector. According to

In its latest International Debt Report, the World Bank revealed that Nigeria and other developing countries disbursed a staggering $443.5