African Business News

Oil production hits nine-month high

Ifunanya / January 9, 2023

The Nigerian Upstream Petroleum Regulatory Commission, on Sunday, revealed that crude oil production in Nigeria rose to 1.235 million barrels […]

Ifunanya / January 9, 2023

Stakeholders have said that Canada’s decision to close its door to foreign property investors would positively impact the Nigerian real

Ifunanya / January 9, 2023

Following the N95.8 billion owed by customers, there are indications that all electricity distribution companies (DisCos) may embark on mass

Ifunanya / January 9, 2023

The Central Bank of Nigeria’s cash withdrawal limit policy for individuals and corporate entities will take effect today. Recall that

Ifunanya / January 9, 2023

The recent increase in electricity tariff by power distribution companies, as approved by the Nigerian Electricity Regulatory Commission, shows that

Ifunanya / January 9, 2023

Freight forwarders have said there may be congestion of imported vehicles at the nation’s seaports following the Nigeria Customs Service’s

Ifunanya / January 9, 2023

A report by Money Africa has said that Nigerians need to get out of bad debts to survive the financial

Ifunanya / January 8, 2023

Nigeria’s available power generation capacity in the First Quarter of 2022 decreased to 4,712.34MW from 5,465.72MW in the Fourth Quarter

Ifunanya / January 8, 2023

The Central Bank of Nigeria, CBN, has denied claims making the round in some quarters that a higher offer was

Ifunanya / January 8, 2023

The Lagos Chamber of Commerce and Industry has projected that the Information Communication Technology and the manufacturing sectors would be the

Ifunanya / January 8, 2023

The 11 electricity distribution companies, DisCos, in Nigeria collected a total of N199.90 billion in customers’ bills in the first

Ifunanya / January 8, 2023

The Enugu Electricity Distribution Company Plc (EEDC) has commenced a door-to-door mobile MAP metering to its customers in Anambra State,