Wumi Iledare Reacts to Tinubu’s PTDF and TCN Leadership Appointments
President Bola Tinubu has appointed Professor Shu’aib Aliyu as the new Executive Secretary of the Petroleum Technology Development Fund (PTDF), […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Dangote Refinery Increases Fuel Price to N1,275 Amid Global Oil Volatility
Dangote Refinery Raises Petrol Prices Amid Global Oil Market Volatility Lagos — Dangote Refinery has raised its gantry price for
African Business News
CBN Considers DFI Recapitalisation to Boost MSME Financing, FG Launches Mass Savings Scheme
The Central Bank of Nigeria is exploring the recapitalisation and restructuring of Development Finance Institutions to bridge the funding gap
African Business News
Naira Depreciates Against Dollar After Easter Break, April 7, 2026
Naira Faces Mixed Fortunes After Easter Break The Nigerian currency experienced contrasting movements against the dollar in different segments of
Flutterwave secures Nigerian banking license for faster payment efficiency
Flutterwave Inc., Africa’s leading payments technology company, has secured a Nigerian banking license, marking a significant shift in its operational
Naira Depreciates to N1,380.79 Against Dollar Amid Easter Holiday
The Nigerian Naira depreciated against the US dollar at the official foreign exchange market on Thursday, marking a reversal from
Nigerian Stocks Fall N3bn as 24 Firms Sell Off Before Easter
Nigerian equities market closes lower ahead of Easter break The Nigerian stock market closed lower on Thursday, shedding approximately N3
Remita Data Breach Overblown Expert Says Operations Stable
A cybersecurity professional from the Nigerian Computer Society has downplayed recent reports of a data breach involving Remita and other
PENGASSAN Suspends Strike at Seplat Over Workers’ Welfare
PENGASSAN Ends Strike at Seplat Energy After Management Assurances Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has
Akunedozi Urges Nigerians to Focus on Value Addition Over Criticism
Public affairs analyst and investor Uzochukwu Akunedozi has urged Nigerians to focus on adding value to the economy rather than
Nigerian Govt disburses N9bn for mini-grid deployment in four states
The Nigerian government has announced that two firms have secured a combined N9 billion financing for mini-grid deployment in four
Tinubu Approves N3.3 Trillion Plan to Clear Power Sector Legacy Debt
President Bola Tinubu has approved a N3.3 trillion payment plan to clear legacy debts owed to Nigeria’s power generation companies,