African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
President Bola Tinubu says for three straight months, he has fulfilled Nigeria’s financial obligations without touching remittance by Nigerian National […]
Continue ReadingThe naira appreciated massively against the dollar in both parallel and official foreign exchange markets on Monday ahead of Christmas, […]
Continue ReadingThe Independent Petroleum Marketers Association of Nigeria, IPMAN, has urged Nigerians to avoid panic buying, assuring them that there is […]
Continue ReadingFCMB Group Plc has secured shareholder approval for a 340 billion naira capital raise. The approval, granted during an extraordinary […]
Continue ReadingThe net foreign exchange inflow to the Nigerian economy in the third quarter of the year dropped by 2.97 percent […]
Continue ReadingNigerians are buying Dangote Petrol at a reduced price of N935 per litre across MRS filling stations nationwide, N105 cheaper […]
Continue ReadingBy Victor Okoye Lagos, Dec. 22, 2024 A Lagos State High Court has awarded the sum of over N30 million […]
Continue ReadingThe Independent Petroleum Marketers Association of Nigeria, IPMAN, has announced that the pump price of petrol will reduce to N935 […]
Continue ReadingThe Dangote Refinery has announced that its premium motor spirit, petrol, will be sold at N935 per litre through MRS […]
Continue ReadingPresident of the Dangote Industries Limited, Aliko Dangote, has lauded President Bola Tinubu over his role in ensuring the implementation […]
Continue ReadingThe Nigerian National Petroleum Company Limited has reduced its ex-depot prices of Premium Motor Spirit, petrol to N899 from N1020 […]
Continue ReadingThere are indications that the state-owned Port Harcourt Refinery has stopped operation again less than a month after its rehabilitation. […]
Continue ReadingThe Central Bank of Nigeria, CBN, has temporarily permitted Bureau de Change, BDC, operators to purchase up to $25,000 weekly […]
Continue ReadingThe naira depreciated against the dollar at both the official and parallel foreign exchange markets, ending the week on a […]
Continue ReadingThe Minister of Finance, Wale Edun, said Nigeria needs to invest $20 billion annually to achieve its economic targets by […]
Continue ReadingThe Independent Corrupt Practices and Other Related Offenses Commission, ICPC, has revealed that none of the Ministries, Departments, and Agencies, […]
Continue ReadingNigerian Government plans to engage Bloomberg to rebrand the country’s global perception and attract foreign investments. The Federal Ministry of […]
Continue ReadingThe Nigerian government has launched a N250 billion Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF). This was […]
Continue ReadingThe Federal Capital Territory Internal Revenue Service, FCT-IRS, has announced that it generated a total of N252.83 billion in internally […]
Continue ReadingThe Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has urged the Nigerian National Petroleum Company Limited, NNPCL, to […]
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