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Business News

Latest updates from the African business world.

Everyday Nigerians Struggling Under the Weight of VAT
Everyday Nigerians Struggling Under the Weight of VAT

Everyday Nigerians face growing financial hardship as rising Value Added Tax (VA...

Aug 12
Why Exporting Raw Materials Costs the Nation Billions
Why Exporting Raw Materials Costs the Nation Billions

Nigeria is losing billions by exporting raw commodities; like shea nuts, cocoa,...

Aug 12
BATN Foundation Partners with Lagos to Empower 200 Poultry Farmers
BATN Foundation Partners with Lagos to Empower 200 Poultry F...

The BATN Foundation and Lagos State Government have expanded their eight-year pa...

Aug 12
Women Outshine Men in Credit Discipline, Moniepoint Report Finds
Women Outshine Men in Credit Discipline, Moniepoint Report F...

Female entrepreneurs are redefining credit risk across emerging markets, demonst...

Aug 12
OPay Launches Nationwide Campaign to Boost Digital Savings and Financial Resilience
OPay Launches Nationwide Campaign to Boost Digital Savings a...

OPay has launched the 49-day 7 Savings Festival via its OWealth platform, runnin...

Aug 11
MTN Nigeria Doubles Down With ₦1.63tn CAPEX Boost
MTN Nigeria Doubles Down With ₦1.63tn CAPEX Boost

At its 25th-anniversary event, MTN Nigeria revealed spending ₦1.63 trillion on c...

Aug 11
Ikeja Customs Intercepts N3.23bn in Contraband, Recovers N728.9m
Ikeja Customs Intercepts N3.23bn in Contraband, Recovers N72...

In an eight-week operation, the Nigeria Customs Service, FOU Zone A in Ikeja, in...

Aug 11
Federal Government Targets $1.5bn Milk Import Reduction Through Grazing Reserves
Federal Government Targets $1.5bn Milk Import Reduction Thro...

Nigeria’s Federal Government is developing nationwide grazing reserves to cut it...

Aug 10
Nigerian Non-Oil Exports Soar by $3.13B as Exporters Expand into 117 New Global Markets
Nigerian Non-Oil Exports Soar by $3.13B as Exporters Expand...

Nigerian non-oil exporters added 117 new global markets between 2013 and 2025 as...

Aug 10
Nigeria Targets Local Manufacturing to End Dependence on Imported Renewable Energy
Nigeria Targets Local Manufacturing to End Dependence on Imp...

Nigeria is pushing to manufacture clean energy technologies locally to reduce de...

Aug 10
Airlines pitch tent with banks, borrow N60bn for fuel
Airlines pitch tent with banks, borrow N60bn for fuel

Nigerian domestic airlines have accumulated over ₦60 billion in commercial bank...

Aug 10
NextGen Entrepreneurs Programme Equips 2,000 Lagos NYSC Members with Business and Financial Skills
NextGen Entrepreneurs Programme Equips 2,000 Lagos NYSC Memb...

The NextGen Entrepreneurs Programme has trained over 2,000 Lagos NYSC members in...

Aug 07