African Business News

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

11724 EMEFIELE

Interest rate hike likely as MPC meets today

By Ifunanya / January 23, 2023

Ahead of the two-day Monetary Policy Committee meeting of the Central Bank of Nigeria commencing on Monday (today), financial experts […]

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11619 FASHOLA

Skyrocketing rents drive tenants to city outskirts

By Ifunanya / January 22, 2023

Many Nigerians are faced with a consistent increase in annual house rents; some of them have resorted to living in […]

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11623 Investment

Firms collaborate to promote climate-related investments

By Ifunanya / January 22, 2023

 Investec Bank Limited has just announced its partnership with Proparco Development Finance Company to scale up its climate investments. According […]

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Oil production crashes by 83% – Report

By Ifunanya / January 22, 2023

Nigeria’s ability to produce crude oil has crashed by 83 per cent, findings have shown. Data sourced from the Organisation […]

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Price hike: NNPC keeps mum, MOMAN blames logistics

By Ifunanya / January 22, 2023

Group Managing Director of NNPCL, Mele Kyari Several calls to the NNPC to speak on the hike in PMS price, […]

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11311 customs

Customs intercept 5,124kg of cannabis in Lagos

By Ifunanya / January 22, 2023

FILE COPY: Customs personnel The Comptroller General of Customs Strike Force, Team A, Ikeja, has said that it intercepted 5,124 […]

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11315 download 3

SIFAX recorded zero injuries in 2022 – Terminal

By Ifunanya / January 22, 2023

SIFAX Inland Container Terminal, a subsidiary of SIFAX Group, recorded 8,736 hours of zero lost time injury during terminal operations […]

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29703 debt crisis nigerias fuel subsidy heavily politicized financial expert laments

Uncertainty heightens as FG denies fuel price hike

By Ifunanya / January 22, 2023

The Federal Government’s denial of any increase in the price of Premium Motor Spirit, popularly called petrol, has heightened the […]

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11114 ZAINAB AHMED

FG plans to cut borrowing

By Ifunanya / January 21, 2023

The Minister of Finance, Budget and National Planning, Zainab Ahmed has said the country is planning to reduce its debt […]

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Businesses lose revenue to misinformation menace — OPSN

By Ifunanya / January 21, 2023

Member associations under the aegis of the Organised Private Sector have decried the financial and reputational damage suffered by business […]

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