African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
The naira depreciated against the dollar to end the week on a negative note at the official foreign exchange market. […]
Continue ReadingThe Central Bank of Nigeria has announced non-resident Nigerian ordinary accounts and non-resident Nigerian investment accounts for citizens in the […]
Continue ReadingThe Accountant General of the Federation, AGF, has vowed to tackle revenue shortfall in Nigeria through the introduction of aggressive […]
Continue ReadingThe Abuja Electricity Distribution Company, AEDC, has announced another power outage in parts of the Federal Capital Territory, Abuja. The […]
Continue ReadingInvestors in the Nigerian Exchange Market raked in N792 billion in gains as stocks maintained a bullish trend on Thursday. […]
Continue ReadingGhana and Egypt have announced their inflation figures for December 2024 as Nigeria awaits its own release. Samuel Kobina Annim, […]
Continue ReadingThe naira appreciated against the dollar at the official foreign exchange market for the first time this week.FMDQ data showed […]
Continue ReadingThe Chief Executive Officer of Financial Derivatives, Bismarck Rewane, has said the proposed tariff hike by telecommunications will help reduce […]
Continue ReadingThe Transmission Company of Nigeria has announced that there will be an electricity disruption in parts of Oyo State on […]
Continue ReadingThe Petroleum Retail Outlets Owners Association of Nigeria, PETROAN, has expressed displeasure over the slow pace Renold Construction Company, RCC, […]
Continue ReadingThe crisis in the leadership of First Bank Holdings of Nigeria worsened on Wednesday as a group of stakeholders called […]
Continue ReadingThe Petroleum Product Retail Outlet Owners Association has explained that the N100 billion intervention request from President Bola Ahmed Tinubu […]
Continue ReadingThe Lagos State Special Offences Court, on Wednesday, dismissed an application filed by former governor of the Central Bank of […]
Continue ReadingThe naira fell for the third straight time against the dollar at the foreign exchange in 2025. This comes as […]
Continue ReadingThe Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijani, has confirmed that Nigeria’s telecommunications tariffs will soon increase. […]
Continue ReadingNigeria’s Minister of Communications, Innovations, and Digital Economy, Bosun Tijani, is currently meeting with representatives of telecommunications companies amid mounting […]
Continue ReadingSeplat Energy said moves are underway to rejuvenate over 400 idle Nigerian oil wells. Eleanor Adaralegbe, Seplat’s chief financial officer […]
Continue ReadingChina Development Bank, CDB, has approved the first tranche of a $255 million loan for the Nigerian government’s Kaduna-Kano railway […]
Continue ReadingNigeria’s external reserves increased to $40.920 billion as of January 6, 2025, up from $40.292 billion recorded on December 2, […]
Continue ReadingPetroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has announced that it will sign a direct purchase agreement with […]
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