African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
FCMB Group Plc (“FCMB Group” or the “Group”), a leading financial services group, is pleased to announce the successful completion […]
Continue ReadingThe Nigerian National Petroleum Company has said that President Bola Ahmed Tinubu has the final say on the purported exit […]
Continue ReadingThe Washington-based World Bank has disbursed a $1.5 billion foreign loan to Nigeria as part of the federal government’s effort […]
Continue ReadingThe Centre for the Promotion of Private Enterprise, CPPE, says Nigeria’s inflation may moderate slightly in 2025. The Executive Director […]
Continue ReadingThe Nigerian Naira has been projected to depreciate to N1,804 per dollar fair value at the official market in 2025. […]
Continue ReadingThe Washington-based World Bank has revealed that inefficiencies in public spending are costing Nigeria and other developing nations a significant […]
Continue ReadingThe naira appreciated against the dollar at the foreign exchange market upon resumption of work after the Christmas holidays. FMDQ […]
Continue ReadingChina’s central bank revealed on Friday that it has renewed a bilateral currency swap agreement with its counterpart in Nigeria, […]
Continue ReadingThe Director General, Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has advised shareholders in the capital market to strive […]
Continue ReadingThe total foreign exchange market turnover increased to $14.39 billion (N23.95 trillion) at the end of November 2024. This is […]
Continue ReadingPresident of Dangote Group, Aliko Dangote, has explained that the reduction in the price of petrol from his refinery was […]
Continue ReadingThe Federal Capital Territory Internal Revenue Service (FCT-IRS) has announced a record collection of N252.83 billion in Internally Generated Revenue […]
Continue ReadingPopular Nigerian economist and Chief Executive of Economic Associates (EA), Ayo Teriba, says it is possible to bring Nigeria’s inflation […]
Continue ReadingThe Federal Government of Nigeria spent N8.73 billion on airport power infrastructure in 2024, according to BudgIT’s report. The expenditure […]
Continue ReadingPresident Bola Tinubu has disclosed that his administration has subsidized road transport costs on 144 routes across Nigeria during the […]
Continue ReadingThe naira strengthened marginally against the dollar in the parallel foreign exchange market on Tuesday, Christmas Eve. A Bureau de […]
Continue ReadingThe Nigerian National Petroleum Company Limited, NNPCL, has again reduced its retail price for Premium Motor Spirit, PMS, to N965 […]
Continue ReadingA Nigerian oil firm, Global Gas and Refining Limited, has condemned the Federal Government’s approval of Shell Petroleum Development Company’s […]
Continue ReadingPresident Bola Ahmed Tinubu has said that Nigeria is moving forward regardless of critics of his economic policies. Tinubu disclosed […]
Continue ReadingNigeria’s oil marketers are upbeat on a further petrol price cut from between N935 and N965 per litre nationwide. This […]
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