African Business News

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

5684 stories of new bank notes untrue cbn to onitsha traders

Stories of new bank notes untrue – CBN to Onitsha traders

By Ifunanya / January 12, 2023

The Central Bank of Nigeria, CBN, has described rumours trailing the new naira notes as unreal, revealing that the notes […]

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11869 World bank

World Bank downgrades Nigeria’s economic growth projection

By Ifunanya / January 12, 2023

The World Bank Group has once again lowered its growth projection for Nigeria’s economy, citing a weakened oil sector as […]

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12497 CBN

Bank deposits rise by 19% to N43tn

By Ifunanya / January 12, 2023

CBN Governor, Godwin Emefiele Deposits by Nigerian banks rose by N6.92tn from N36.13tn as of the end of October 2021 […]

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14813 Fuel scarcity

Marketers predict six-month fuel scarcity, prices rise

By Ifunanya / January 12, 2023

The supply hitches associated with the distribution of Premium Motor Spirit, popularly called petrol, may persist till June this year, […]

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20608 Peter Obi

UK shut Obi’s company over account issues – Report

By Ifunanya / January 12, 2023

For failing to submit its annual accounts, authorities in the United Kingdom, have struck off Next International (UK) Limited, a […]

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5284 afcfta rising energy cost forex crisis threaten local manufacturing

AfCFTA: Rising energy cost, forex crisis threaten local manufacturing

By Ifunanya / January 11, 2023

SAMI OLATUNJI examines how local challenges could stop Nigeria from reaping the benefits of the African Continental Free Trade Area […]

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13573 Prof Yemi Osinbajo

Legacy companies must invest in technology, says Osinbajo

By Ifunanya / January 11, 2023

Vice President Yemi Osinbajo Vice President Yemi Osinbajo, on Tuesday in Abuja, said despite the existing business models in most […]

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5274 rising energy cost affecting broadcasting in nigeria bon

Rising energy cost affecting broadcasting in Nigeria – BON

By Ifunanya / January 11, 2023

The Broadcasting Organisation of Nigeria, BON, has said soaring energy costs are affecting the operation and revenue of broadcasters. In […]

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42128 he put everything on the line osinbajo pays tribute to diya

Investment in tech key to economic growth – Osinbajo

By Ifunanya / January 11, 2023

The Vice President, Prof Yemi Osinbajo, SAN, said investment in technology is key to achieving economic growth. According to the […]

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5193 hyundai launches all electric suv in india

Hyundai launches all-electric SUV in India

By Ifunanya / January 11, 2023

South Korean automaker Hyundai Motor India Ltd on Wednesday launched its full-battery electric SUV IONIQ 5 for the Indian market […]

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