African Business News

The Central Bank of Nigeria has authorised commercial banks to freely trade foreign exchange at any rate. The authorisation means […]

The Nigerian Mainstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued a license for the establishment of Belema Sweet Expert

Economic experts have stated that Nigeria’s economy suffered due to the wrong policies implemented by the suspended Governor of the

Nigeria’s imports of phones, generators, electrical transformers and other electrical products amounted to $3.47 billion in 2022, according to a

The Federal Government has accused American multinational oil and gas giant, ExxonMobil of oil theft in Rivers State. The Nigerian

The Securities and Exchange Commission has declared the activities of a cryptocurrency site known as Binance illegal in Nigeria. The

The Nigerian National Petroleum Corporation Limited (NNPCL) has debunked the rumours circulating on social media that its Group Chief Executive

The telecommunications and Information Services sector in Nigeria has, in the first quarter of 2023, delivered a handsome N2.508 trillion

Barely ten days after his inauguration, President Bola Ahmed Tinubu has assented to the Electricity Act 2023. The Electricity Act

Nigeria’s revenue from the oil sector dropped by 60 per cent to N308.07 billion in February 2023. According to the

The Asset Management Corporation of Nigeria on Thursday said the Court of Appeal, Lagos State Division, has dismissed an appeal

The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has accused the Nigeria National Petroleum Company Limited (NNPCL) of withholding N8.480trillion.