African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
A disengaged staff member of TOTAL Energies, Mrs Oghenero Ozobeme, has accused the company of frustrating pending cases she filed […]
Continue ReadingNigerian Exchange Limited, NGX, has ended the week on a bullish note as equities market capitalization crossed the N60 trillion […]
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The Central Bank of Nigeria has reiterated that the old N1000, N500, and N200 denominations remain valid and legal tender […]
Continue ReadingThe naira weakened against the dollar on Friday at the foreign exchange market, closing the week on a negative note. […]
Continue ReadingThe revenue shared among the federal, state, and local governments in November 2024, as accrued from the Federation Accounts Allocation […]
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Nigeria’s foreign direct investments are expected to increase in the coming year, 2025, provided current economic reforms are sustained, analysts […]
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International lender, the World Bank, is expected to meet and approve a $500 million loan to Nigeria on Friday to […]
Continue ReadingNigeria’s indigenous firm, Seplat Energy Plc, has finally completed its acquisition of Mobil Producing Nigeria Unlimited, MPNU, from ExxonMobil at […]
Continue ReadingThe Securities and Exchange Commission, SEC, has said the Nigerian government issued six sovereign sukuk worth N1.1 trillion, which is […]
Continue ReadingThe naira appreciated against the dollar in both the official and parallel foreign exchange markets on Thursday. According to data […]
Continue ReadingThe Nigerian Exchange Limited maintained its bullish trend on Wednesday as market capitalization gained N183 billion. This comes as the […]
Continue ReadingFlutterwave is named in Fast Company’s 2024 Brands That Matter. The leading payment technology company in Africa is recognized in […]
Continue ReadingThe Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, says it has never issued a directive stopping gas supply to […]
Continue ReadingDangote Refinery and Neptune Oil jointly announced the first-ever export of Premium Motor Spirit, PMS, from Dangote Refinery, Africa’s largest […]
Continue ReadingThe naira depreciated against the dollar at both official and parallel foreign exchange markets, the second since this week commenced. […]
Continue ReadingGovernor of Central Bank of Nigeria, CBN, Olayemi Cardoso, has told chief executive officers of Nigerian banks to seek bold […]
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The Central Bank of Nigeria has described as fake a circular that it authorised the sales of foreign exchange to […]
Continue ReadingNigeria’s petroleum products import from Malta increased to N766.81 billion in the third quarter of 2024 despite the coming on […]
Continue ReadingThe Naira is back to appreciation against the dollar at the official foreign exchange market 24 hours after it depreciated. […]
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The House of Representatives has expressed concern over the ongoing cash scarcity in commercial banks across the country. This is […]
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