African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

Nigerian govt excited over GDP growth of 3.46% despite inflationary trends

By Ifunanya / November 25, 2024

A marginal growth in Nigeria’s Gross Domestic Product, GDP, which grew by 3.46%, compared to the 3.19% recorded in the […]

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Nigeria’s unemployment rate drops to 4.3% as hardship lingers

By Ifunanya / November 25, 2024

Nigeria’s unemployment rate dropped to 4.3 percent in the second quarter of 2024, signalling improved labour market conditions under President […]

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NADF advocates for Agri-Tech skills to boost agriculture, create employment

By Ifunanya / November 25, 2024

The Executive Secretary of the National Agricultural Development Fund, NADF, Mohammed Ibrahim, has suggested for a stronger focus on skills […]

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Nigerian cybersecurity and compliance professionals discuss collaborative solutions at Piggyvest Cybersecurity Roundtable

By Ifunanya / November 25, 2024

Distinguished guests and industry leaders from finance, tech, law enforcement, and regulatory sectors recently gathered at the inaugural edition of […]

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Nigeria’s GDP rose by 3.46% in third quarter of 2024 – NBS

By Ifunanya / November 25, 2024

The Statistician General of the Federation, Adeyemi Adeniran, says Nigeria’s Gross Domestic Product, GDP, growth rate in real terms (constant […]

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Further tightening of monetary policy rate not advisable – Economic expert

By Ifunanya / November 25, 2024

Economic expert, Chijioke Ekechukwu, has said it is not advisable for the Monetary Policy Committee (MPC) of the Central Bank […]

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Subsidy removal, Naira floating brought Nigeria to its knees —Ologbondiyan

By Ifunanya / November 25, 2024

Former Spokesperson for the Peoples Democratic Party, PDP, Kola Ologbondiyan, has said that the removal of fuel subsidy and floating […]

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CBN holds MPC meeting to decide Nigeria’s interest rate

By Ifunanya / November 25, 2024

The Central Bank of Nigeria Monetary Policy Committee holds its meeting on Monday 25 and Tuesday 26, 2024, Media Talk […]

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Nigerian govt won’t approve Int’l flights without patronage of local caterers — Keyamo

By Ifunanya / November 25, 2024

The Minister of Aviation and Aerospace Development, Festus Keyamo, has insisted that from January 2025, the Nigerian government will not […]

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Adjust IMF, World Bank policies – Gambari urges Nigerian Govt

By Ifunanya / November 25, 2024

Former Chief of Staff to ex-President Muhammadu Buhari, Prof Ibrahim Gambari, has appealed to the administration of President Bola Tinubu […]

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Hardship: Muslim group sets up market for cheaper prices in Lagos

By Ifunanya / November 24, 2024

Some Muslim scholars under the umbrella of the League of Islamic Leaders in Mushin, Lagos, have established a market called […]

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BREAKING: Dangote refinery reduces PMS price

By Ifunanya / November 24, 2024

Nigeria’s Dangote Refinery has reduced the Premium Motor Spirit (Petrol) price for marketers to N970 per litre. The spokesperson of […]

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Nigeria’s AuGF uncovers N197.72bn contract fraud in CBN, REA, NBET, other MDAs

By Ifunanya / November 24, 2024

Office of Nigeria’s Auditor-General of the Federation has uncovered irregular payment for contracts amounting to N197.72 billion in Rural Electrification […]

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Naira appreciates against dollar at official, black markets as FX supply rises

By Ifunanya / November 23, 2024

The naira further appreciated against the dollar at official and parallel foreign exchange markets amid FX supply rises to end […]

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NNPC hasn’t met crude supply target under Naira-for-crude deal – Dangote Refinery

By Ifunanya / November 23, 2024

Dangote Refinery has said the Nigerian government has not met its target to supply oil to the domestic refinery under […]

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65% of Nigerian families lack money for healthy food — NBS Survey

By Ifunanya / November 22, 2024

A recent survey conducted by the National Bureau of Statistics, NBS, revealed that two-thirds of households in Nigeria do not […]

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Naira appreciates against dollar – Media Talk Africa Nigeria

By Ifunanya / November 21, 2024

The naira appreciated against the dollar at the foreign exchange market at the close of business on Thursday. FMDQ data […]

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North-Central Assembly Speakers task Nigerian Govt on economic development in region

By Ifunanya / November 21, 2024

Speakers of the North Central States; Benue, Kogi, Nassarawa, Niger, and Plateau, who gathered in Lokoja, the Kogi State Capital […]

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Fuel price: Dangote Refinery did what Shell, ExxonMobil, other IOCs can’t do in Nigeria – Devakkumar

By Ifunanya / November 21, 2024

The Vice President of Oil and Gas at Dangote Industries Limited, Devakkumar Edwin , has said Dangote Refinery has done […]

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Dangote refinery resumes crude oil import from US – Report

By Ifunanya / November 21, 2024

Dangote Refinery has resumed the purchase of crude oil from the United States to ramp up refining capacity and production. […]

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