Nigerian Stock Market Gains N30 Billion After SEC Decision
The Nigerian Exchange (NGX) experienced a rebound on Friday, with investors’ portfolios increasing by N30 billion. This followed the Securities […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Nigeria Power Outage Scheduled for Sokoto Maintenance
The Transmission Company of Nigeria, TCN, has announced a planned power outage in parts of Sokoto metropolis to facilitate scheduled
Naira gains against US Dollar at official market
The Nigerian Naira has recorded a significant gain against the United States Dollar at the official foreign exchange market. According
TCN Disagrees With IBEDC Over Oyo State Power Outage
The Transmission Company of Nigeria and the Ibadan Electricity Distribution Company are at odds over the cause of a power
Venezuela oil seized by US to be sold by Vitol trader
The United States has awarded its first contract to sell seized Venezuelan oil to commodity trader Vitol, following the country’s
African Business News
Naira gains against dollar at official market
The Nigerian naira has ended the week on a positive note, gaining against the United States dollar at the official
Nigeria Banks Meet Recapitalization Requirements
The Central Bank of Nigeria (CBN) has announced that 20 commercial banks have met its ongoing recapitalization requirements as of
Nigerian Dr Henrietta Ukwu in Marquis Who’s Who
ARCO Group PLC has congratulated Dr. Henrietta N. Ukwu, a US-based Nigerian professional, on her inclusion in Marquis Who’s Who,
Nigeria SEC Raises Minimum Capital Requirements
The Securities and Exchange Commission (SEC) in Nigeria has announced a significant increase in the minimum capital requirements for all
Workplace safety improved in Nigeria by employers association
The Nigerian Employers’ Consultative Association (NECA) and the Nigeria Social Insurance Trust Fund (NSITF) have stepped up efforts to enhance
Nigeria Expands Non-Oil Revenue Base
The National Economic Council (NEC) has reaffirmed its commitment to expanding Nigeria’s non-oil revenue base, emphasizing the sector’s significant contribution
Nigeria Fuel Consumption Rises 20 Percent
Nigeria’s premium motor spirit consumption increased to 63.7 million liters per day in December 2025, a significant rise from 52.9