African Business News

The February Purchasing Managers’ Index data released by Stanbic IBTC Bank indicated that the shortage of cash across the country […]

The International Monetary Fund has urged the Central Bank of Nigeria and other monetary authorities to deemphasise monetary policy as

Following the recent launch of its US$255,000 innovation prize to be awarded as a combination of cash and equity investment

On Friday, Naira fell marginally against the US dollar at the Investors’ and Exporters’ window. The development further extended Naira

The Centre for the Promotion of Private Enterprise, CPPE, has commended the ruling of the Supreme Court on the use

The Nigeria Labour Congress has threatened to shut down the country’s seaports over the government’s refusal to address some of

The International Fund for Agricultural Development has stated that Africa needs a cumulative sum of $614bn by 2030 to address

Naira exchanged at N461.75 to the dollar at the Investors and Exporters window on Friday. The rate represented a further

… hails El-Rufai, others for fighting The National Vice Chairman (North-West) of the All Progressives Congress, Mallam Salihu Lukman, on

The Central Bank of Nigeria has given approval in principle to Zenith Bank to operate as a financial holding company.

Figures obtained from the Central Bank of Nigeria, CBN, shows the nation’s external reserves dropped by $317 million in February.

The federal government has disclosed that 1.9 million vulnerable, poor Nigerians received stipends of N5,000 each, totalling 111.6 billion yearly