African Business News

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

Lagos Orders Hospitality Business Operators To Get Approval From LASPA, LASTMA • Channels Television

Lagos Requires LASPA, LASTMA Approval for Hospitality Parking

By Ifunanya / August 7, 2025

Hospitality businesses in Lagos, including hotels, event spaces, and nightclubs, must now obtain dual approvals for parking and traffic plans […]

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AFDB's Phase II Agro-Industrial Processing Zones To Begin In September • Channels Television

AfDB Expands Special Agro-Industrial Zones to 28 Nigerian States by 2025

By Ifunanya / August 7, 2025

The African Development Bank (AfDB) has announced plans to expand its Special Agro-Industrial Processing Zones (SAPZs) to all of Nigeria’s […]

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United Airlines Flights Grounded In US • Channels Television

United Tech Outage Grounds US Flights, FAA Halts Add to Delays

By Ifunanya / August 7, 2025

Thousands of travelers across the United States encountered significant flight disruptions Wednesday evening after a technical failure forced United Airlines […]

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CBN

CBN Targets FX Rule Breakers with Sanctions After Deloitte Audit

By Ifunanya / August 7, 2025

The Central Bank of Nigeria (CBN) has announced plans to impose civil, administrative, or criminal penalties on entities found to […]

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CBN: Why Naira is stable, more competitive payment system - Cardoso

CBN, NDIC Strengthen Collaboration to Mitigate Risks, Ensure Depositor Confidence

By Ifunanya / August 7, 2025

Nigeria’s Central Bank Governor Olayemi Cardoso called for tighter collaboration with the Nigeria Deposit Insurance Corporation (NDIC) to stabilize the […]

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Ecobank Divests Mozambique Stake To FDH Bank • Channels Television

Ecobank Divests Mozambique Stake to FDH Bank in Strategic Move

By Ifunanya / August 7, 2025

Ecobank Transnational Incorporated (ETI), a leading pan-African financial group, has finalized plans to sell its stake in Ecobank Mozambique S.A. […]

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TotalEnergies Pushes For Energy Sustainability Through Human Resource Development • Channels Television

TotalEnergies: Human Capital Vital for Nigeria’s Energy Future Beyond Hydrocarbons

By Ifunanya / August 7, 2025

At a major energy conference in Lagos, industry leaders highlighted the critical role of youth training and policy alignment in […]

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NDIC calls for joint crisis preparedness framework with CBN

NDIC, CBN Urged to Collaborate on Crisis Preparedness Framework

By Ifunanya / August 7, 2025

The Nigeria Deposit Insurance Corporation (NDIC) has called for closer collaboration with the Central Bank of Nigeria (CBN) to strengthen […]

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Renaissance Reiterates Commitment To Boosting Oil, Gas Production In Nigeria • Channels Television

Renaissance Africa Energy Boosts Nigeria’s Oil & Gas, Sweeps SPE 2025 Awards

By Ifunanya / August 7, 2025

Nigerian firm Renaissance Africa Energy Company has reaffirmed its pledge to strengthen the nation’s energy sector after securing major honors […]

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Nigeria’s Energy Future Relies on Policies, Technology, and Local Capacity

By Ifunanya / August 7, 2025

Nigeria’s path toward a sustainable energy future hinges on strategic policies, adaptive technology, and stronger local supply chains, according to […]

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