Africa Business News Aggregator, Latest Business News Headlines

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Four Unilorin Graduates Get N1.5m Each In BATN Foundation Agripreneur Programme

The University of Ilorin has proudly announced its active participation in the prestigious BATN Foundation Graduate Agripreneur Programme for 2024. This initiative aims to empower graduates with entrepreneurial skills and opportunities in the agricul
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27 Jul 2024

Globacoms Glo 1 Celebrates 8-Year Milestone Of Continuous Connectivity

Glo 1, the international submarine cable wholly owned and operated by digital and telecom services company, Globacom, has marked eight years of uninterrupted connectivity, from 2016 to date. Throughout this period, it has maintained an excellent reco
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27 Jul 2024

State eyes Sh20bn cut in equitable revenue share for counties

The National Treasury proposes that both levels of government bear the revenue shortfall following Finance Bill rejection equitably.
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27 Jul 2024

Naira depreciates to N1,610/$ in parallel market

The Naira on Friday depreciated to N1,610 per dollar in the parallel market from N1,580 per dollar on Thursday. Similarly, the Naira yesterday depreciated to N1,609.29 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.
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27 Jul 2024

Customs service partners US counterpart to combat illicit trade

The Nigeria Customs Service is collaborating with the United States Customs and Border Protection Agency (CBP) on using Artificial Intelligence (AI) to curb the flow of illicit drugs and arms into the West African nation. The Comptroller-General of C
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27 Jul 2024

Nigeria tackles offshore tax evasion, illicit financial flows with AEOI

Notwithstanding the challenges in tackling offshore tax evasion and illicit financial flows, the Federal Inland Revenue Service (FIRS) has said that Nigeria has taken necessary steps to overcome the hurdles through the implementation of the Automatic
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27 Jul 2024

Leverage AI for improved service delivery, FIDIC deputy president urges engineers

The Deputy President, International Federation of Consulting Engineers (FIDIC) Africa, George Okoroma, has urged engineers to leverage Artificial Intelligence (AI) to improve quality service delivery in the construction industry and embrace other eco
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27 Jul 2024

How Homegrown Fintech Verto Aims To Fill Void Of Mercury Fallout In Africa

The African tech landscape is bustling with possibilities, yet the recent challenges faced by local startups following a decision by notable startup favourite Mercury Bank, to shut down accounts linked to Nigeria and several other countries, has
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27 Jul 2024

VDL International Conference Highlights Fostering Ethical Values In Society

Stakeholders at the Values for Daily Living International
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26 Jul 2024

South Africans remarkably resilient despite economic challenges

South Africans are showing remarkable financial resilience and adaptability driven by increased confidence in their ability to save and invest, despite the economic challenges they face. However, while men are less financially stressed, women are
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26 Jul 2024

Collaborating for a Safer E-Hailing Industry in South Africa

South Africas e-hailing industry is on a fast track, with an annual growth rate of 5.26% . However, safety concerns could act as a speed bump on this growth trajectory. While the recently signed National Land Transport Act (NLTA) empowers the tra
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26 Jul 2024

40 Years of Innovation, Growth in SAs Networking Industry

Duxbury Networking , a South African distributor of networking solutions, proudly commemorates its 40th anniversary today. Throughout the last four decades, the company has exhibited remarkable resilience, adapting to industry shifts and emerging
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26 Jul 2024