African Business News

Nigerian Railway Corporation The Federal Government has spent $247.98m (which amounts to N111.23bn using the Central Bank of Nigeria’s December […]

The Washington based-World Bank said Nigeria had spent 96.3 per cent of its 2022 revenue on debt servicing. Word Bank

The Nigeria National Petroleum Company Limited said it is strengthening investments in the Ajaokuta-Abuja-Kano (AKK) gas pipeline and OB3 gas

Barring any last-minute change of plans, the Federal Government will begin payment of the planned increase in civil servants’ pay

Multiple brands of foreign rice from countries including Thailand and India have returned to markets in Kano, Jigawa, and Katsina

Prof Ken Ife, a development economist, says the federal government must invest in modular refineries to stabilize Nigeria’s economy. Ife

…says worsening economic environment leaving millions of Nigerians in poverty The World Bank says Nigeria’s constant fiscal deficit has worsened

Experts in the built environment have said the accidental collision of a truck cannot trigger a total collapse of a

The Board of Directors of Heritage Bank has announced Mr Akinola George-Taylor as the substantive Managing Director/Chief Executive Officer of

The Central Bank of Nigeria has stressed that despite the challenges with the country’s banking infrastructure, the cashless policy will

Nigeria’s March inflation rate rose to 22.04 per cent from 21.91 per cent in February 2023, according to the National

The International Monetary Fund says the recent slowdown witnessed in Foreign Direct Investment, especially in developing countries can be linked