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 Ahmed Tinubu has lauded the feat by Shell and its partners in securing Nigeria’s first deepwater project in […]
Continue ReadingThe Shell Petroleum Development Company of Nigeria, SPDC has confirmed an oil leak from the Bonny Oil Export Terminal, saying […]
Continue ReadingNigeria exported N181.62 billion worth of electricity from January to September of 2024, the National Bureau of Statistics, NBS has […]
Continue ReadingThe Nigerian Exchange Group, NGX, through its regulatory subsidiary, NGX Regulation Limited, NGX Regco, issued around 3,792 regulatory actions on […]
Continue ReadingA Japanese investor, the Managing Director of Limited, Masahiro Tsuno, has described the 650,000 barrels per day Dangote Refinery as […]
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The Dangote Refinery said it has exported Premium Motor Spirit (petrol) to Cameroon, Angola, Ghana, and South Africa in the […]
Continue ReadingThe Chattered Institute of Bankers of Nigeria, CIBN, has stated that some government policies such as the removal of fuel […]
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Nigeria’s inflation figure for November is expected to be released by the National Bureau of Statistics between Sunday and Monday, […]
Continue ReadingThe Minister of Works, Dave Umahi, has explained that Nigeria would save N640 billion by terminating Julius Berger’s contract to […]
Continue ReadingThe Central Bank of Nigeria, CBN, has imposed a fine of N150 million on Deposit Money Banks found culpable of […]
Continue ReadingThe revenue shared among the federal, state, and local governments in November 2024, as accrued from the Federation Accounts Allocation […]
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A disengaged staff member of TOTAL Energies, Mrs Oghenero Ozobeme, has accused the company of frustrating pending cases she filed […]
Continue ReadingNigerian Exchange Limited, NGX, has ended the week on a bullish note as equities market capitalization crossed the N60 trillion […]
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The Central Bank of Nigeria has reiterated that the old N1000, N500, and N200 denominations remain valid and legal tender […]
Continue ReadingThe naira weakened against the dollar on Friday at the foreign exchange market, closing the week on a negative note. […]
Continue ReadingThe revenue shared among the federal, state, and local governments in November 2024, as accrued from the Federation Accounts Allocation […]
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Nigeria’s foreign direct investments are expected to increase in the coming year, 2025, provided current economic reforms are sustained, analysts […]
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International lender, the World Bank, is expected to meet and approve a $500 million loan to Nigeria on Friday to […]
Continue ReadingNigeria’s indigenous firm, Seplat Energy Plc, has finally completed its acquisition of Mobil Producing Nigeria Unlimited, MPNU, from ExxonMobil at […]
Continue ReadingThe Securities and Exchange Commission, SEC, has said the Nigerian government issued six sovereign sukuk worth N1.1 trillion, which is […]
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