African Business News

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14777 Moodys

FG faults Moody’s downgrade of Nigerian banks

By Ifunanya / February 5, 2023

The Federal Government on Thursday said it received with shock the report of an international rating agency, Moody’s Investors Service, […]

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15695 African Alliance

African Alliance pays N25.7bn claims in three years

By Ifunanya / February 4, 2023

Life insurance company, African Alliance, said it paid N25.7bn claims to its policyholders in three years. The company which recently […]

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15699 Goddy Jeddy Agba

FG projects 9,000MW from renewable energy

By Ifunanya / February 4, 2023

Minister of State for Power, Goddy Jeddy-Agba The Federal Government, on Thursday, said it was currently implementing measures to ensure […]

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13274 nigeria launches new payment card afrigo to boost economy

Naira Redesign: We’re on our knees – Emefiele rules out extension of 10-day, begs Nigerians

By Ifunanya / February 4, 2023

The Central Bank of Nigeria, CBN Governor, Godwin Emefiele has ruled out the possibility of extending the 10-day grace for […]

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15617 twitter announces plans to share ad revenue in reply threads

Twitter announces plans to share Ad revenue in reply threads

By Ifunanya / February 4, 2023

Twitter owner Elon Musk has announced the Blue App will share revenues from advertisements that appear in reply threads between […]

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12497 CBN

New naira: CBN insists on deadline, arrests hawkers

By Ifunanya / February 4, 2023

CBN Governor, Godwin Emefiele The Governor, Central Bank of Nigeria, Godwin Emefiele, has said law enforcement agencies have made arrests […]

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15581 Micro Small and Medium Enterprises MSMES 600x338 1

Why SMEs lack access to funds —Firm

By Ifunanya / February 4, 2023

The Chief Executive Officer, VerifyMe Nigeria, Esigie Aguele, has said the lack of trust infrastructure is hindering the growth of […]

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15465 NIMASA

NIMASA woos private sector to grow blue economy

By Ifunanya / February 4, 2023

The Director-General of Nigerian Maritime Administration and Safety Agency, Dr. Bashir Jamoh, has called for deeper private sector participation in […]

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15469 flood victims

NEMA, NSCDC partner to tackle election, flood emergencies

By Ifunanya / February 4, 2023

The National Emergency Management Agency and the Nigeria Security and Civil Defence Corps have signed a Memorandum of Understanding to […]

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Nigeria’s external reserves fell by $63.62m in January

By Ifunanya / February 3, 2023

External reserves fell by $63.62 million in January, latest figures from the Central Bank of Nigeria, CBN, have revealed. The […]

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