African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

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TRAVEL: How Nigeria’s only state-owned airline, Ibom Air, is dominating Nigeria’s sky

By Henry Orji / September 12, 2022

Many Nigerians are talking about Ibom Air, helping to amplify the beautiful experiences of the airline passengers. Many Nigerians seem […]

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Mixta Africa secures N8bn funding to expand affordable housing delivery

By Henry Orji / September 11, 2022

Africa’s foremost real estate company, Mixta Africa has secured development financing of N8bn from Shelter Afrique, the pan-African finance institution […]

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eNaira Transactions Rise To N4bn, CBN Introduces USSD

By Henry Orji / August 24, 2022

The value of transactions on the eNaira has risen to N4 billion since its launch on October 25, 2021. The […]

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Aboki Rate: Latest US Dollar To Naira Black Market Rates Today, 20 August 2022

By Henry Orji / August 24, 2022

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx). […]

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Aboki Rate: Latest US Dollar To Naira Black Market Rates Today, 21 August 2022

By Henry Orji / August 24, 2022

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx). […]

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Aboki Rate: Get the Latest US Dollar to Naira Black Market Rates Today, 22 August 2022

By Henry Orji / August 24, 2022

The Dollar to Naira Exchange Rate: CBN, Aboki FX, and Black Market Rates Curious about the exchange rate between the […]

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US Dollar to Naira Black Market Rates Today, 23 August 2022

By Henry Orji / August 24, 2022

The official exchange rate for the US Dollar to Naira today, Tuesday, August 23rd, 2022, stands at ₦429.07/$1. This rate […]

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Oil Firms Owe Banks N5.93tn Amid Losses, Theft

By Henry Orji / August 24, 2022

Data from the Central Bank of Nigeria (CBN) has shown that oil firms operating in the downstream and upstream subsectors […]

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Reps Question TCN Over $33m Payment To GenCo

By Henry Orji / August 24, 2022

The House of Representatives Committee on Finance has berated the representatives of the Transmission Company of Nigeria, TCN, over its […]

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Nigeria’s Debt: China Confirm Plan To Forgive Loans To 17 African Countries

By Henry Orji / August 24, 2022

The Chinese government has announced its plans to absolve 23 interest-free loans to 17 African countries. Though China has failed […]

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