African Business News

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

Naira extends gain against dollar

By Ifunanya / January 3, 2025

The Nigerian naira extended its gains against the dollar at the official foreign exchange market to close trading on Friday.Exchange […]

Continue Reading
MTN Nigeria to increase call, data tariffs by 100 percent

MTN Nigeria to increase call, data tariffs by 100 percent

By Ifunanya / January 3, 2025

The Chief Executive of MTN Nigeria, Karl Toriola, has said the telecommunications firm has sent a proposal to the Nigerian […]

Continue Reading

Global oil prices rise on first trading day in 2025

By Ifunanya / January 3, 2025

Global oil prices started the first trading day in 2025 on a positive note as Brent and WTI prices surged. […]

Continue Reading
Tinubu's 15 percent inflation targets for Nigeria in 2025 unrealistic - Rewane

Tinubu’s 15 percent inflation targets for Nigeria in 2025 unrealistic – Rewane

By Ifunanya / January 3, 2025

The Chief Executive of Financial Derivatives and popular economist, Bismark Rewane said President Bola Ahmed Tinubu’s 15 percent inflation target […]

Continue Reading

Naira appreciates against dollar on first workday in 2025

By Ifunanya / January 2, 2025

The naira appreciated against the dollar at the foreign exchange market upon resumption of business after the New Year holiday. […]

Continue Reading

Julius Berger’s Dedication to Community and Stakeholder Satisfaction

By Ifunanya / January 2, 2025

The indices of development in a community are multifaceted, encompassing economic growth, social development, and infrastructural progress. Among these, infrastructure—access […]

Continue Reading

Nine Nigerian banks earn N4.85 trillion on loan charges

By Ifunanya / January 2, 2025

Nigerian banks collectively earned N4.85 trillion in interest income on loans and advances to customers in the first nine months […]

Continue Reading
Nigerian govt begins Withholding Tax Regulations

Nigerian govt begins Withholding Tax Regulations

By Ifunanya / January 2, 2025

The Nigerian government has commenced the implementation of the ‘2024 Withholding Tax Regulations’. Media Talk Africa reports that the Deduction […]

Continue Reading

Naira depreciates by 41 percent against Dollar despite CBN interventions in 2024

By Ifunanya / January 2, 2025

The Naira depreciated by 41% and 26% against the dollar in the official and parallel foreign exchange markets, respectively, to […]

Continue Reading
Warri refinery begins operations - Daily Post Nigeria

Warri, Port Harcourt refineries restart will reduce petrol price – CORAN

By Ifunanya / January 2, 2025

The Crude Oil Refinery Owners Association of Nigeria has said that the coming onstream of Warri and Port Harcourt refineries […]

Continue Reading

2025: Tinubu vows to bring food prices, inflation down to 15 percent

By Ifunanya / January 1, 2025

President Bola Ahmed Tinubu has vowed that his administration will reduce the prices of food and lower inflation to 15 […]

Continue Reading

2025: Anxiety as Nigerians to pay 40 per cent more for calls, data

By Ifunanya / January 1, 2025

There is anxiety over a possible 40 percent telecommunications service tariff hike in Nigeria this New Year. This comes as […]

Continue Reading

2025: Subscribers reject fresh telecoms tariff hike in Nigeria

By Ifunanya / January 1, 2025

Telecommunications subscribers have vehemently rejected a proposed 40 per cent telecom service tariff hike in Nigeria expected to kick off […]

Continue Reading

2025: Nigerians upbeat on rejuvenated economy amid acute hardship

By Ifunanya / January 1, 2025

The commencement of domestic production of petroleum products by Dangote Refinery, the restart of Port Harcourt, and Warri Refineries is […]

Continue Reading

Naira appreciates against dollar, ends 2024 on positive note

By Ifunanya / December 31, 2024

The naira appreciated against the dollar at both official and black markets on Tuesday to end 2024 on a positive […]

Continue Reading

Warri Refinery: Most Nigerians don’t believe it is possible – Kyari, LG boss excited over partial production

By Ifunanya / December 31, 2024

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Mele Kyari, has dismissed skeptics who doubt […]

Continue Reading

Investors record N987bn gains in single day at NGX

By Ifunanya / December 31, 2024

The Nigerian stock market, on Monday, recorded a significant gain of N987 billion, or 0.99 percent, in a single day. […]

Continue Reading

Naira dips against dollar hours to New Year

By Ifunanya / December 30, 2024

The naira depreciated against the dollar at official and parallel foreign exchange markets barely 24 hours to 2025. FMDQ data […]

Continue Reading
Warri refinery begins operations - Daily Post Nigeria

Warri refinery begins operations – Media Talk Africa Nigeria

By Ifunanya / December 30, 2024

The 125,000 barrels per day Warri Refining and Petrochemicals Company, WRPC has commenced operations. Mele Kyari, the Group Chief Executive […]

Continue Reading

Warri Refinery Restart: It brings joy to me, Nigerians —Tinubu

By Ifunanya / December 30, 2024

President Bola Ahmed Tinubu has said the restart of operation at the Warri Refinery on Monday has brought joy to […]

Continue Reading
Scroll to Top