African Business News

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

Africa Needs Bankable Energy Projects, Says Ojulari • Channels Television

NNPC Chief: Bankable Energy Projects Key to Africa’s Sustainable Future

By Ifunanya / August 4, 2025

At a major energy conference in Lagos, Nigerian National Petroleum Company Limited (NNPCL) CEO Bayo Ojulari highlighted Africa’s urgent need […]

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Enugu in darkness over electricity tariff reduction controversy

Enugu Power Outages: Mainpower Links Crisis to EERC Tariff Dispute

By Ifunanya / August 4, 2025

Residents in parts of Enugu State, Nigeria, have faced prolonged power outages over the past four days, with authorities attributing […]

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Nigeria's Accountant General, Ogunjimi elected as AAAG Deputy Chairperson

Nigerian AG Ogunjimi Elected AAAG Deputy Chair to Boost Fiscal Transparency

By Ifunanya / August 4, 2025

Nigeria’s Accountant General, Shamseldeen Ogunjimi, has been elected to a leadership role within Africa’s key public finance oversight body, marking […]

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₦712bn Lagos Terminal Rebuilding Funded With Subsidy Removal Gains – Keyamo • Channels Television

Lagos Airport’s N712bn Revamp Targets World-Class Hub Status

By Ifunanya / August 3, 2025

Nigeria’s government is defending its decision to allocate ₦712 billion (approximately $500 million) toward demolishing and reconstructing the aging Terminal […]

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Nigeria-Benin Pact to Boost Trade and Regional Integration

By Ifunanya / August 3, 2025

Nigeria and the Republic of Benin have solidified a new partnership to enhance cross-border trade and economic integration, marking a […]

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CPPE raises concerns over CBN interest rate pause

Nigeria’s 2024 GDP Rebasing Hits N372.8T, CPPE Cites Economic Milestone

By Ifunanya / August 3, 2025

Nigeria’s economy has seen a pivotal update with the release of its rebased Gross Domestic Product (GDP) figures, a move […]

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Nigeria Presidency Denies Forced Resignation of NNPCL CEO

By Ifunanya / August 3, 2025

The Nigerian presidency has dismissed claims that the nation’s top oil executive was coerced into resigning, following speculation about pressure […]

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Nasarawa Becomes 12th Nigerian State to Regulate Power Under 2023 Act

By Ifunanya / August 3, 2025

Nasarawa State has joined a growing list of Nigerian states assuming control of their electricity markets under a nationwide decentralization […]

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National Assembly Sensationalising NNPCL ₦210tn Probe – Energy Prof, Iledare • Channels Television

Nigeria’s NNPCL Audit Sparks Calls for Governance Reform, Transparency

By Ifunanya / August 2, 2025

A prominent energy expert has called for caution in assessing Nigeria’s state-owned oil company amid a multi-trillion-naira audit inquiry, stressing […]

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'Person wey bypass light worse pass kidnapper' - BEDC to Nigerian electricity users

BEDC Warns Electricity Theft Worse Than Kidnapping in Nigeria

By Ifunanya / August 2, 2025

A Nigerian power distribution firm has sparked sharp public discourse after likening electricity theft to kidnapping in severity, framing the […]

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