Business News

Latest updates from the African business world.

NCGC Rolls Out GuaranteeHer Scheme to Drive ₦100bn in Credit to Female Entrepreneurs
NCGC Rolls Out GuaranteeHer Scheme to Drive ₦100bn in Credit...

The National Credit Guarantee Company has launched GuaranteeHer to unlock over ₦...

Aug 04
Nigeria’s Petrol Demand Drops as Surging Prices
Nigeria’s Petrol Demand Drops as Surging Prices

Nigeria’s petrol consumption fell 0.56% to 9.316B litres as prices surged up to...

Aug 04
FG Launches Nationwide Training for 4,000 Tractor Operators to Drive Agricultural Mechanization
FG Launches Nationwide Training for 4,000 Tractor Operators...

The Federal Government of Nigeria has launched a nationwide initiative to train...

Aug 04
Senator Adeola Empowers 2,557 Ogun Farmers with Machinery and Cash Grants
Senator Adeola Empowers 2,557 Ogun Farmers with Machinery an...

Senator Solomon Adeola (Yayi), representing Ogun West, has empowered 2,557 local...

Jul 31
BlackHorse Holding Group Launches 400MT Rice Processing Mill and Sack Factory in Kano
BlackHorse Holding Group Launches 400MT Rice Processing Mill...

BlackHorse Holding Company Limited has commissioned a 400-metric-ton daily rice...

Jul 31
Bauchi State Secures $91.6M ECOWAS Bank Loan for Major Infrastructure and Road Projects
Bauchi State Secures $91.6M ECOWAS Bank Loan for Major Infra...

The Bauchi State Government secured a $91.6M infrastructure loan from the ECOWAS...

Jul 31
BOA Unveils ₦250 Billion Fund and Value-Chain Loan Reform to Support Farmers
BOA Unveils ₦250 Billion Fund and Value-Chain Loan Reform to...

The Bank of Agriculture (BOA) has launched a ₦250bn Federal Government-backed fu...

Jul 31
Ecobank Launches Scaling Up!!! Podcast to Drive African SME Growth Beyond Credit
Ecobank Launches Scaling Up!!! Podcast to Drive African SME...

Ecobank Nigeria has launched ‘Scaling Up!!!’, a flagship business storytelling p...

Jul 30
FG, REA Sign Power Pact to Transform Agro-Processing Zones Nationwide
FG, REA Sign Power Pact to Transform Agro-Processing Zones N...

The Federal Government has partnered with the Rural Electrification Agency (REA)...

Jul 28
Lagos Launches Upskilling Initiative for 1,200 Artisans to Drive Local Business Growth
Lagos Launches Upskilling Initiative for 1,200 Artisans to D...

The Lagos State Government has flagged off its 2026 eight-week upskilling progra...

Jul 27
Federal Government Resumes ₦50,000 Grant Disbursement for Micro and Nano Enterprises
Federal Government Resumes ₦50,000 Grant Disbursement for Mi...

The Federal Government of Nigeria has resumed its Presidential Conditional Grant...

Jul 27
US Hits Nigerian Imports with 12.5% Tariff Over Forced Labor Trade Policies
US Hits Nigerian Imports with 12.5% Tariff Over Forced Labor...

The U.S. has imposed a 12.5% tariff on Nigerian imports following a USTR Section...

Jul 24