Heads will roll over N23.7 trillion CBN’s advances to government – Expert
An investment and economic expert, Titewa Adebajo, has called for consequences over the N23.7 trillion Ways and Means advance from […]
African Business News
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Expert reveals key considerations to unpack in Nigeria’s 2023 Budget
An economic expert has identified six critical considerations for the N21.88 trillion 2023 National Budget. The Regional Senior Partner, Nigeria
Airtel gets 5G licence, Mafab begins test-run
Airtel Networks Limited has paid the Nigerian Communications Commission $316.7m for 100 MHz of spectrum in the 3500MHz band for
Property investments will boost economy – Stakeholders
Stakeholders in the real estate sector have stated that property investment would boost the country’s economy this year. The Chief
Cash limits: Customers protest as banks begin enforcement
Over 20 Deposit Money Banks on Monday began the implementation of the Central Bank of Nigeria’s new cash withdrawal limit
Scarcity: FG orders NNPC to reduce petrol price
The Nigerian National Petroleum Company Limited is selling Premium Motor Spirit, popularly called petrol, at a loss because of its
30% of Nigerian architects migrated to Canada – Experts
The Chief Executive Officer of Interstate Architects Limited, Olusegun Ladega, has claimed that about 30 per cent of architects migrated
Bank stocks drop by N141bn
Despite the Nigerian capital market closing the year on a bullish trend, banking sector performance ended the year out of
African Business News
EFCC recovers N13bn illegal fuel subsidy payment
The Economic and Financial Crimes Commission, EFCC, recovered approximately N13bn as proceeds from illegal payments made under the subsidy regime
Nigeria’s debt profile to hit 77tn amid rising repayment burden – DMO
Nigeria’s total debt figure will jump to 77 trillion if the National Assembly reconsiders President Muhammadu Buhari’s request for N22.7
2023 budget: Fuel subsidy payment to gulp N3.36tn in six months – Finance Minister
Fuel subsidies payment in Nigeria to gulp N3.36 trillion in the first six months of 2023. By implication, subsidy payment
Oil production hits nine-month high
The Nigerian Upstream Petroleum Regulatory Commission, on Sunday, revealed that crude oil production in Nigeria rose to 1.235 million barrels