African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
The Nigerian Exchange market recorded its first loss in 2025 as investors shed N152 billion following sell-offs of Tier-one banking […]
Continue ReadingThe naira dipped further against the dollar in the foreign exchange market on Tuesday. FMDQ data showed that the naira […]
Continue ReadingThe Acting Managing Director of Abuja Electricity Distribution Company, Chijioke Okwuokenye, said the Disco has put in place remedial measures […]
Continue ReadingThe Nigerian National Petroleum Company Limited, NNPCL, has been asked to prioritise crude oil supply to local refineries, including the […]
Continue ReadingNigeria’s Office of the Auditor-General for the Federation has uncovered a minimum of four financial infractions amounting to N514 billion […]
Continue ReadingAirtel Nigeria has blamed a 300 percent rise in the cost of operation for its demand for call, data, and […]
Continue ReadingOlugbenga ‘GB’ Agboola, CEO and Founder of Flutterwave was recently announced as part of ThisDay’s 2024 Young Global Leaders of […]
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Reports indicate that a large sack of onions now costs ₦260,000, while a smaller sack is being sold for ₦200,000 […]
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The Naira depreciated marginally against the dollar on Monday at the foreign exchange market to resume the week on a […]
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As part of its commitment to fostering inclusivity, Fidelity Bank Plc has inaugurated the Bundles of Joy programme, a groundbreaking […]
Continue ReadingBorno State Governor, Babagana Umara Zulum, has signed the 2025 appropriation bill of N615,857,950 billion into law. Zulum presented the […]
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Aba Power, a Nigerian electricity distribution company, has announced a more than 50 percent electricity tariff hike for customers within […]
Continue ReadingThe Consumer Technology Association, CTA, has warned that tariffs proposed by President-elect Donald Trump could significantly reduce Americans’ ability to […]
Continue ReadingThe Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has revealed how the Nigeria Governors’ […]
Continue ReadingThe Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that the Federal Government, […]
Continue ReadingBUA Refinery and Petrochemical has announced that it is on track to complete its $3.8 billion plant in Akwa Ibom. […]
Continue ReadingEnergy sector stakeholders, under the aegis of Energy Reforms Advocates of Nigeria, ERAN, on Sunday raised the alarm over alleged […]
Continue ReadingOil marketers target to start lifting Premium Motor Spirit from the 125,000 barrels per day Warri Refinery by February 2025. […]
Continue ReadingPetroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has urged the Nigerian government to sell the Warri and Kaduna […]
Continue ReadingFormer President Olusegun Obasanjo has described an open invitation by the Nigerian National Petroleum Company Limited, NNPCL, to tour the […]
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