African Business News

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

11413 locals reject old naira as scarcity of new notes hits kaduna

Naira swap: 10-day extension insufficient – CPPE tells CBN

By Ifunanya / January 29, 2023

The Centre for the Promotion of Private Enterprises, CPPE, has reacted to the Central Bank of Nigeria’s 10-day extension for […]

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‘Airtel, Mafab, MTN spend $820m on 5G spectrums’

By Ifunanya / January 29, 2023

Airtel, Mafab and MTN Nigeria have spent about $820.8m to acquire the fifth-generation spectrums. The Minister of Communications and Digital […]

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FG metering scheme falls by 58%

By Ifunanya / January 29, 2023

The distribution of free meters under the National Mass Metering Programme of the Federal Government, dropped by 58 per cent […]

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Bank customers lose N2.72bn to fraudsters – Report

By Ifunanya / January 29, 2023

A report by FITC has revealed that bank customers in Nigeria lost a total of N2.72bn to fraud in the […]

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IMF links global inflation to rising shipping costs

By Ifunanya / January 29, 2023

The International Monetary Fund has attributed the current global inflationary pressure to the dramatic increase in shipping costs. In a […]

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13565 provide enabling business environment lcci urges govt

Provide enabling business environment, LCCI urges govt

By Ifunanya / January 29, 2023

The Lagos Chamber of Commerce and Industry has advised the Federal Government to ensure consistency in policymaking in order to […]

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Firm gets recognition for improved standards

By Ifunanya / January 29, 2023

Tropical General Investments Group, an international investment, and holding company, says it is committed to maintaining standards across its global […]

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Tincan Island Port generated N574bn in 2022 – Customs

By Ifunanya / January 28, 2023

The Nigeria Customs Service, NCS, Tincan Island Port Command, generated revenue of N574.3 billion in 2022. Comptroller Olakunle Oloyede, the […]

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13503 fg to establish free trade zone in ekiti nepza

FG to establish Free Trade Zone in Ekiti – NEPZA

By Ifunanya / January 28, 2023

The Federal Government on Thursday confirmed its plan to make Ekiti a major Free Trade Zone, FTZ, in Nigeria. Prof. […]

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12497 CBN

CBN expands e-payment with new domestic card

By Ifunanya / January 28, 2023

CBN Governor, Godwin Emefiele The Central Bank of Nigeria on Thursday launched the Nigerian National Domestic Card Scheme to boost […]

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