African Business News

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

NELFUND Disburses ₦86.3bn Loans To 450,000 Students • Channels Television

NELFUND Disburses ₦86.3B in Loans to 449K Nigerian Students

By Ifunanya / August 11, 2025

The Nigerian Education Loan Fund (NELFUND) has distributed ₦86.3 billion (approximately $207 million*) to 449,039 students since launching its financial […]

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Extortion in NIMC reduces by 40% as NIN hits 122m

NIMC Upgrades Diaspora NIN Portal for Enhanced Security, Efficiency

By Ifunanya / August 11, 2025

The National Identity Management Commission (NIMC) has rolled out an upgraded digital platform to streamline identity enrollment for Nigerians living […]

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US tariffs: Global crude prices tumble

India Refineries Shift to Nigerian Oil, Dangote Relies on US Crude

By Ifunanya / August 11, 2025

Indian refineries are sharply pivoting from Russian crude oil to West African and other global suppliers, driven by geopolitical pressures […]

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Access Bank Strengthens AfriCaribbean Ties • Channels Television

Access Bank Drives Africa-Caribbean Trade and Investment at ACTIF 2025 in Grenada

By Ifunanya / August 11, 2025

Access Bank Plc has taken a significant step in fostering economic collaboration between Africa and the Caribbean, spotlighting its strategic […]

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Nationwide fuel distribution: Dangote Refinery takes Delivery of CNG trucks

Dangote Refinery Ships First CNG Trucks to Boost Nigeria Fuel Supply

By Ifunanya / August 11, 2025

Nigeria’s Dangote Refinery has unveiled its first fleet of compressed natural gas (CNG) trucks to bolster nationwide fuel distribution, signaling […]

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Asia Reacts To Trump Tariffs • Channels Television

Asian Markets Up on US Inflation Data, Tariff Truce Hopes

By Ifunanya / August 11, 2025

Asian markets opened the week on an upward trend as investors weighed expectations of a delayed decision on U.S.-China tariffs […]

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Mexico Airport Suspends Operations Due To Floods • Channels Television

Mexico City Airport Suspended Amid Heavy Rains, Flooding

By Ifunanya / August 11, 2025

Heavy rainfall triggered widespread flooding and severely disrupted air travel in Mexico City on Sunday, prompting the temporary shutdown of […]

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Gov Uba Sani appoints Ben Kure as MD of KSMC

Governor Uba Sani Appoints Ben Kure as New KSMC Managing Director

By Ifunanya / August 11, 2025

Kaduna State Governor Uba Sani has announced the appointment of Ben Solomon Dalhatu Kure as the new Managing Director of […]

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National Grid Successfully Restored After Collapse – TCN

Nigeria Advances Renewable Energy to Tackle Power Gaps and Boost Access

By Ifunanya / August 10, 2025

Nigeria is intensifying efforts to transition to renewable energy sources to address its longstanding power shortages, despite controlling vast natural […]

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Nigerian mobile network operator changes name

9Mobile Rebrands to T2 in Nigeria’s Telecom Survival Bid

By Ifunanya / August 10, 2025

In a bid to revitalize its struggling operations, Nigeria’s 9mobile has officially rebranded as T2, marking its second major identity […]

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