African Business News

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

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FEC Okays Four Power Reforms for National Grid Upgrade

By Ifunanya / August 14, 2025

The Nigerian government has greenlit four major initiatives to overhaul its aging electricity infrastructure, aiming to stabilize the country’s power […]

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NIMC Upgrades Diaspora NIN Platform, Onboards Partners

By Ifunanya / August 14, 2025

The National Identity Management Commission (NIMC) has modernized its enrollment system for Nigerians living overseas, aiming to streamline the process […]

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Tinubu Orders Review of NNPCL Deductions to Boost Growth and Savings

By Ifunanya / August 14, 2025

Nigerian President Bola Tinubu has mandated a sweeping review of financial practices at key revenue-generating agencies, including the state-owned oil […]

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Nigeria Mobilizes $980M Private Capital for 350 CNG Centers in 18 Months

By Ifunanya / August 14, 2025

Nigeria has mobilized nearly $1 billion in private investments over 18 months to expand its compressed natural gas (CNG) infrastructure, […]

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EKEDC Denies Involvement in Badagry Prepaid Meter Scheme

By Ifunanya / August 14, 2025

A major Nigerian power distributor has publicly refuted claims of involvement in a disputed prepaid electricity meter program circulating online, […]

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AfDB Commits $40M to Green Infrastructure Fund in Africa

By Ifunanya / August 14, 2025

The African Development Bank (AfDB) has pledged $40 million in blended financing to the Alliance for Green Infrastructure in Africa’s […]

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Trump Eases Space Regulations, Boosting Musk’s SpaceX Despite Eco Backlash

By Ifunanya / August 14, 2025

President Donald Trump signed an executive order this week aiming to streamline regulations for the U.S. private space sector, a […]

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Nigerian Govt to cut NNPCL, Customs, other agencies’ revenue deductions

Nigeria Slashes NNPCL, Customs Revenue Deductions to Boost Savings

By Ifunanya / August 14, 2025

The Nigerian government has approved a significant reduction in revenue retained by key state agencies, a move aimed at curbing […]

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Tinubu Picks Odion, Rabiu for FCCPC Executive Commissioner Roles

By Ifunanya / August 14, 2025

Nigerian President Bola Ahmed Tinubu has put forward Louis Odion and Ummusalma Isiyaku Rabiu as nominees for key leadership roles […]

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Russia Restricts WhatsApp, Telegram Calls Citing Security Concerns

By Ifunanya / August 14, 2025

Russia has moved to partially restrict voice calls on popular messaging platforms WhatsApp and Telegram, citing efforts to counter criminal […]

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