African Business News

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

15246 Google Apple

Google, Apple disappoint in gloomy tech earnings

By Ifunanya / February 3, 2023

Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned […]

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Smuggling: Govt shuts 270 filling stations, deploys DSS

By Ifunanya / February 3, 2023

The Federal Government is now deploying operatives of the Department of State Services on tankers transporting Premium Motor Spirit,  popularly […]

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15184 moodys downgrade of 9 nigerian banks surprising development finance minister

Moody’s downgrade of 9 Nigerian banks surprising development — Finance Minister

By Ifunanya / February 3, 2023

Amidst the money crisis rocking the financial system, the Minister of Finance, Budget and National Planning, Zainab Ahmed has expressed […]

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15144 MONEY

Moody’s downgrades nine Nigerian banks

By Ifunanya / February 3, 2023

An international rating agency, Moody’s Investors Service, has downgraded nine Nigerian banks, following its downward review of Nigeria’s rating last […]

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Agents protest hike in shipping fee

By Ifunanya / February 3, 2023

Maersk / AFP PHOTO / Robert FRANCOIS Clearing agents have protested against Grimaldi Shipping Company’s plans to charge N25,000 for […]

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Fuel, new naira scarcity protests rock Delta, Ekiti

By Ifunanya / February 2, 2023

Angry youths, students, motorists and traders on Wednesday took to the streets in Delta and Ekiti states to protest the […]

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15044 Lagos State map

Heifer launches solar-powered storage for Lagos farmers

By Ifunanya / February 2, 2023

Heifer International’s sponsored agritech storage solution, ColdHubs, has launched its solar-powered facility for smallholder farmers and sellers of perishable farm […]

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JUST IN: CBN directs banks to begin paying new naira notes

By Media Talk Africa / February 2, 2023

The statement read, “We have equally noticed the queues at Automated Teller Machines across the country and an upward trend […]

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14955 phasing out old naira notes has no economic value lcci

Phasing out old naira notes has no economic value – LCCI

By Ifunanya / February 2, 2023

The Lagos State Chamber for Commerce and Industry, LCCI, has expressed disappointment over phasing out old naira notes. LCCI disclosed […]

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Firm raises $40m funding for expansion

By Ifunanya / February 2, 2023

An Edutech firm, Classera, said it has raised $40m in a Series A funding round to advance its Learning Super […]

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