African Business News

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

Nigeria's Inflation Rate Slows Down

Nigeria’s Inflation Rate Slows Down

By Ifunanya / September 16, 2024

Here’s my work: Nigeria’s Inflation Rate Decelerates for Second Consecutive Month Nigeria has recorded a decline in inflation rate for […]

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NEITI: N3.473tn Allocated to Govt in Q2 2024

NEITI: N3.473tn Allocated to Govt in Q2 2024

By Ifunanya / September 16, 2024

Nigeria’s Federation Accounts Allocation Committee Disburses N3.473tn to Government Tiers in Q2 2024 The Nigeria Extractive Industries Transparency Initiative (NEITI) […]

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Petrol price soars to N980 per litre in Abuja

Petrol price soars to N980 per litre in Abuja

By Ifunanya / September 16, 2024

Petrol Prices in Nigeria’s Capital: A Spike Ahead? As of Monday morning, the prices of Premium Motor Spirit (Petrol) in […]

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Tinubu Returns to Abuja from China, UK Visits

Tinubu Returns to Abuja from China, UK Visits

By Ifunanya / September 16, 2024

Nigerian President Returns from China and UK Visits, Highlighting Bilateral Cooperation and Reform Efforts Nigeria’s President Bola Tinubu has returned […]

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NCC Disconnections to Begin as 66 Million Unlinked SIMs Hit

NCC Disconnections to Begin as 66 Million Unlinked SIMs Hit Deadline

By Ifunanya / September 16, 2024

Nigeria’s NIN-SIM Linkage Deadline Expires, Disconnections to Commence In a move aimed at boosting national security and improving the efficiency […]

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Nigerian Banks Spend $50m Annually on Private Jet Maintenance, Says

Dangote Refinery Starts Petrol Distribution, Fuel Queues Over

By Ifunanya / September 15, 2024

Nigeria’s Dangote Refinery Starts Loading Petrol into Trucks, Ending Fuel Queues In a significant development, Nigeria’s billionaire businessman, Femi Otedola, […]

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Traders urged to leverage tech for growth and expansion

Traders urged to leverage tech for growth and expansion

By Ifunanya / September 15, 2024

The Nigerian Government Encourages Traders to Embrace Technology The Federal Government has issued a call to Nigerian traders to adopt […]

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Dangote Refinery Starts Loading Locally Produced Petrol

By Ifunanya / September 15, 2024

Here’s the rewritten article: Dangote Refinery Breaks Ground for Locally Produced Petrol Distribution in Nigeria The Dangote Refinery has taken […]

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Foreign firms pay N2.55tn in taxes to Nigeria's FG in

Foreign firms pay N2.55tn in taxes to Nigeria’s FG in 6 months

By Ifunanya / September 15, 2024

Tax Boom in Nigeria: Google, Netflix, and Facebook Reap 158% Yield Nigeria’s finance has seen a remarkable boom, with foreign […]

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Dangote Refinery's Petrol Price Remains Uncertain Ahead of Sunday Launch

Dangote Refinery’s Petrol Price Remains Uncertain Ahead of Sunday Launch

By Ifunanya / September 15, 2024

Dangote Refinery’s Petrol Distribution Sparks Concerns Over Pricing As Dangote Refinery prepares to offload its first petrol trucks into the […]

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NNPCL Deploys 300 Trucks to Dangote Refinery for Petrol Loading

NNPCL Deploys 300 Trucks to Dangote Refinery for Petrol Loading

By Ifunanya / September 15, 2024

As of Sunday, at least 300 trucks belonging to the Nigerian National Petroleum Company Limited (NNPCL) are reportedly at the […]

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Sustainability Finance Urged for Clean Climate Friendly Nigeria

Sustainability Finance Urged for Clean Climate-Friendly Nigeria

By Ifunanya / September 14, 2024

Here’s a rewritten version of the story in a clear, engaging, and well-structured news article suitable for an international audience: […]

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SMEs Protest Electricity Tariff Hike, Fear Job Loss in Nasarawa

SMEs Protest Electricity Tariff Hike, Fear Job Loss in Nasarawa LGA

By Ifunanya / September 14, 2024

Small Business Owners in Nigeria Protest Electricity Tariff Hike In a desperate bid to save their livelihoods, workers of small-scale […]

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Dangote Refinery Sells Petrol Only to NNPCL

Dangote Refinery Sells Petrol Only to NNPCL

By Ifunanya / September 14, 2024

Dangote Refinery to Sell Petrol Only to NNPC, Says Presidential Committee Abuja, Nigeria – The Presidential Committee on the Sale […]

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National Grid: Arcing Cause of Outage, Not Collapse Claims TCN

TCN Commissions New Transformer, Boosts Power Supply to Lagos

By Ifunanya / September 14, 2024

Nigeria’s Power Transmission Capacity Boosted with New Transformer Commissioning The Transmission Company of Nigeria (TCN) has made a significant leap […]

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Dangote Refinery to Start Supplying Petrol, Diesel in Naira from

Dangote Refinery to Start Supplying Petrol, Diesel in Naira from September 15

By Ifunanya / September 14, 2024

Breaking News: Nigeria’s Dangote Refinery to Start Loading Petrol on September 15 In a significant development, the Presidential Committee on […]

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Nigeria's External Reserves Surge by $424m

Nigeria’s External Reserves Surge by $424m

By Ifunanya / September 14, 2024

Nigeria’s Financial Outlook Improves with Surge in External Reserves The Central Bank of Nigeria (CBN) has announced a significant increase […]

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Naira Gains Against Dollar in Foreign Exchange Market

Naira Gains Against Dollar in Foreign Exchange Market

By Ifunanya / September 13, 2024

The Naira’s Unlikely Boost: A Week of Wild Fluctuations at Foreign Exchange Market In a surprising turn of events, the […]

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CBN Directs PoS Operators to Route Transactions Through Licensed Aggregators

CBN Directs PoS Operators to Route Transactions Through Licensed Aggregators

By Ifunanya / September 13, 2024

Nigeria’s Central Bank Directs Point of Sale Operators to Route Transactions Through Licensed Aggregators The Central Bank of Nigeria (CBN) […]

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Petrol Price Hike Sparks Fear of Wage Demands, Economic Unrest

Petrol Price Hike Sparks Fear of Wage Demands, Economic Unrest

By Ifunanya / September 13, 2024

Government Faces Pressure to Increase Wages Amid Petrol Price Hike A recent surge in petrol prices in Nigeria has sparked […]

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