African Business News

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

4776 airtel gets 5g licence mafab begins test run

Airtel gets 5G licence, Mafab begins test-run

By Ifunanya / January 10, 2023

Airtel Networks Limited has paid the Nigerian Communications Commission $316.7m for 100 MHz of spectrum in the 3500MHz band for […]

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4778 property investments will boost economy stakeholders

Property investments will boost economy – Stakeholders

By Ifunanya / January 10, 2023

Stakeholders in the real estate sector have stated that property investment would boost the country’s economy this year. The Chief […]

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12042 Godwin Emefiele

Cash limits: Customers protest as banks begin enforcement

By Ifunanya / January 10, 2023

Over 20 Deposit Money Banks on Monday began the implementation of the Central Bank of Nigeria’s new cash withdrawal limit […]

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33968 ipman faults minister over port harcourt refinery completion date

Scarcity: FG orders NNPC to reduce petrol price

By Ifunanya / January 10, 2023

The Nigerian National Petroleum Company Limited is selling Premium Motor Spirit, popularly called petrol, at a loss because of its […]

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4418 canadian property policy will boost nigerian market stakeholders

30% of Nigerian architects migrated to Canada – Experts

By Ifunanya / January 10, 2023

The Chief Executive Officer of Interstate Architects Limited, Olusegun Ladega, has claimed that about 30 per cent of architects migrated […]

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4497 bank stocks drop by n141bn

Bank stocks drop by N141bn

By Ifunanya / January 10, 2023

Despite the Nigerian capital market closing the year on a bullish trend, banking sector performance ended the year out of […]

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EFCC recovers N13bn illegal fuel subsidy payment

By Ifunanya / January 9, 2023

The Economic and Financial Crimes Commission, EFCC, recovered approximately N13bn as proceeds from illegal payments made under the subsidy regime […]

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4444 nigerias debt profile to hit 77tn amid rising repayment burden dmo

Nigeria’s debt profile to hit 77tn amid rising repayment burden – DMO

By Ifunanya / January 9, 2023

Nigeria’s total debt figure will jump to 77 trillion if the National Assembly reconsiders President Muhammadu Buhari’s request for N22.7 […]

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4446 2023 budget fuel subsidy payment to gulp n3 36tn in six months finance minister

2023 budget: Fuel subsidy payment to gulp N3.36tn in six months – Finance Minister

By Ifunanya / January 9, 2023

Fuel subsidies payment in Nigeria to gulp N3.36 trillion in the first six months of 2023. By implication, subsidy payment […]

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4416 oil production hits nine month high

Oil production hits nine-month high

By Ifunanya / January 9, 2023

The Nigerian Upstream Petroleum Regulatory Commission, on Sunday, revealed that crude oil production in Nigeria rose to 1.235 million barrels […]

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