African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has refuted circulating rumors of an impending increase in petrol prices nationwide. […]
Continue ReadingThe naira strengthened against the dollar at the official foreign exchange market on Thursday, a day after a dip.FMDQ data […]
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Bayo Onanuga, spokesperson for the Presidency, has urged Mr Peter Obi, presidential candidate of the Labour Party, LP, in the […]
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The National Bureau of Statistics, NBS, says the average retail price of a litre of petrol increased from N648.93 in […]
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The Organisation of the Petroleum Exporting Countries, OPEC, has said that the production of petroleum products, including Premium Motor Spirit, […]
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The Nigeria Stock Exchange extended its bearish trend as losses in Dangote Cement and others made the market capitalisation to […]
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The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Malam Mele Kyari, said on Wednesday in […]
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The National Assembly, through its Joint Committee on Finance, has proposed a N25 trillion tax collection or revenue generation target […]
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The Minister of Communications and Digital Economy, Bosun Tijani, said Nigerians will have to pay 30-60 percent more for calls, […]
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The Nigerian government has dismissed a proposal to impose a $500 tax on Nigerians and tourists returning home during the […]
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The naira dropped against the dollar at official and parallel foreign exchange markets at the close of Wednesday amid Nigeria’s […]
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Nigeria’s inflation rate surged to 34.80 percent in December 2024 from 34.60 percent in November. This is according to the […]
Continue ReadingNigeria’s crude oil revenue rose to about N50.88 trillion in 2024, according to industrial data. Data obtained from the Nigerian […]
Continue ReadingNigerian workers have again demanded at least 50 percent wage increase from the President Bola Ahmed Tinubu government to cushion […]
Continue ReadingThe naira appreciated against the dollar at the parallel foreign exchange market on Tuesday.A Bureau de Change operator in Wuse […]
Continue ReadingThe Central Bank of Nigeria, CBN, has issued fines to at least nine Deposit Money Banks for failing to ensure […]
Continue ReadingThe Nigeria Customs Service has said it granted concessions totalling N1.6 trillion to several sectors of the economy in 2024 […]
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The National Human Rights Commission, NHRC, has urged the National Assembly to approve a significant increase in its 2025 budget […]
Continue ReadingThe National Assembly has stepped down the 2025 budget for the Ministry of Information and National Orientation. Chairman, Senate Committee […]
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The Comptroller General of the Nigeria Customs Service, Bashir Adeniyi, said the service collected N6.1 trillion in revenue in 2024, […]
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