African Business News

Flutterwave has secured a banking license from the Central Bank of Nigeria (CBN), authorizing the payment technology provider to operate […]

Oyo State Government and First City Monument Bank (FCMB) have disbursed ₦1.5 billion in collateral-free loans to 1,000 young agricultural

The International Energy Agency, International Monetary Fund, and World Bank Group have launched a joint task force to monitor and

Fidelity Bank Plc has completed a comprehensive recapitalisation exercise, raising qualifying capital above the Central Bank of Nigeria’s N500 billion

Global financial markets experienced heightened volatility following a prime-time address by U.S. President Donald Trump, as crude oil prices climbed

A successful recapitalization exercise in Nigeria’s banking sector will not automatically translate into increased lending or real sector growth, according

The World Bank has approved a $500 million International Development Association credit to strengthen Nigeria’s agricultural sector through a new

The Nigerian naira recorded a modest recovery against the US dollar on Wednesday, April 1, 2026, reversing a two-day downward

The Central Bank of Nigeria has completed its banking sector recapitalization exercise, securing 4.65 trillion naira from 33 financial institutions

The Nigeria Customs Service has disrupted a coordinated fuel smuggling network operating along the South-West border corridor, recovering 14,875 litres