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African Business News
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Nigeria’s stock market gains N28.65 billion, reversing much of Monday losses
The Nigerian equities market closed Tuesday, November 3, 2026, on a positive note, adding N28.65 billion in market value as renewed buying in select heavyweight stocks recovered most of Monday's losses. The post Nigeria’s stock market gains…
Gambia central bank’s staffing cut threatens jobs of 57 Nigerians – NiDCOM
Fifty-seven Nigerian professionals working in The Gambia’s banking sector risk losing their jobs following a directive by the country’s central…
Soludo to remodel Upper Iweka, issues one-month notice to abandoned vehicles’ owners
Anambra State government has approved the extension of its urban regeneration programme to Upper Iweka, Onitsha, a major gateway into…
U-17 World Cup: Flamingos battle Brazil with place in final at stake
Nigeria’s Flamingos face a stern test against Brazil in Wednesday’s semi-final of the 2026 FIFA U-17 Women’s World Cup in…
Shettima asks new CAF Gen.Sec. to advance African football, protect Nigeria’s interests
Vice President Kashim Shettima on Tuesday tasked Samson Adamu, the newly appointed General Secretary of the Confederation of African Football…
Oyo APC guber candidate targets N10b youth fund in ‘My Pact’ manifesto, LG autonomy, targets top three state economy
Sharafadeen Alli, the All Progressives Congress (APC) governorship candidate in the 2027 election, has promised to grant local government autonomy…
Customs intercepts N6.19 billion worth of smuggled goods, including 3.4 tonnes of cannabis
The Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone A, has intercepted smuggled goods valued at N6.19 billion, including 3.4 tonnes of cannabis and 23,220 machetes, in four weeks. The post Customs intercepts N6.19 billion…
Tema hosts GCB Bank’s MSME Caravan Clinic as bank deepens support for entrepreneurs
GCB Bank has taken its nationwide Micro, Small and Medium-sized Enterprises (MSME) Caravan Clinic to Tema, bringing entrepreneurs closer to financing opportunities, business advisory support and digital solutions as part of efforts to stren…
Ghana leads Africa in quantitative risk training as CQRM tops ChatGPT ranking
n a comparative assessment of risk management qualifications built around quantitative methods and decision analytics, ChatGPT, the AI assistant developed by OpenAI, ranked the Certified in Quantitative Risk Management (CQRM) first. The qua…
BoG warns public of 20 unlicensed digital credit services providers
The Bank of Ghana (BoG) in collaboration with the CyberSecurity Authority, has stepped up efforts to sanitise the digital credit space and protect the public from entities providing digital credit services without the requisite licence or a…
NNPC considers 5% to 10% stake sale in planned IPO
The Nigerian National Petroleum Company Limited (NNPC Ltd.) is considering selling between 5% and 10% of its equity through a potential initial public offering (IPO), with the proposed listing expected to focus primarily on Nigeria’s domest…
Ghana’s US$10 billion New Economy programme will turn recovery into jobs – Dr. Ato Forson
Finance Minister Dr. Cassiel Ato Forson says the 2027 Budget will set out how the government plans to turn Ghana’s economic recovery into decent jobs for young people, better incomes for farmers and more opportunities for Ghanaian businesse…
EFCC busts Chinese-run illegal refinery in Ogun, traces sludge oil to ‘Delta, Rivers’
The Economic and Financial Crimes Commission (EFCC) has disclosed that it uncovered an illegal oil refinery allegedly operated by Chinese nationals in the Ogere area of Ogun State and traced the sludge oil discovered at the facility to Delt…
PAU’s Pearl Hostel records 28.36% yield, highest among UPDC REIT’s five properties
Pearl Hostel, which provides accommodation for undergraduate students of Pan-Atlantic University (PAU), has recorded a current yield of 28.36%, the highest among the five properties held by UPDC Real Estate Investment Trust (UPDC REIT). The…
Petrosol targets business expansion in 2027, eyes stronger corporate partnerships
Petrosol Ghana, a leading Oil Marketing Company (OMC), is targeting business expansion in 2027 through stronger corporate partnerships and increased commercial activities.…
Petrosol to roll out new customer packages ahead of Christmas
Petrosol Ghana is preparing to introduce new promotional offers and customer packages ahead of the Christmas festivities as part of efforts to reward customers and strengthen loyalty.…
Petrosol, Multimedia Group move to strengthen commercial partnership
Petrosol Ghana, a leading Oil Marketing Company (OMC), is seeking to deepen its commercial relationship with the Multimedia Group Limited as both companies explore opportunities for further collaboration.…
Court orders Khalif Kairo to refund Sh3.4 million for undelivered car
The dispute began with an October 8, 2024 agreement for a 2017 model of the Audi Q7 2.0 TFSI...…
LifeTrac Tech, GRATIS Foundation unveil locally assembled tractor to boost farm mechanisation
LifeTrac Tech Limited and GRATIS Foundation have unveiled the LifeTrac 6G tractor prototype, a locally fabricated machine aimed at improving agricultural mechanisation and strengthening Ghana’s capacity to manufacture and maintain its own f…
With Careers Lasting At Least Decade Each, Jeroid and Olamide Join Forces to Push for Wider Crypto Adoption
The collaboration reflects the Nigerian crypto platform’s strategy of combining an established operating history with cultural influence as it pursues growth in an increasingly competitive digital asset market.In a market where digital fina…
BoG flags 20 unlicensed mobile loan apps, warns public against using their services
The Bank of Ghana (BoG) has flagged 20 mobile loan applications for operating without the necessary regulatory approval, urging the public to refrain from using their services.…
GCB Bank crowns customer service month with Maiden Aerobics Fiesta in Accra
In an effort to deepen customer relationships through experiences beyond financial services, GCB Bank hosted its maiden Aerobics Fiesta in Accra, combining fitness, health awareness and entertainment to reinforce its customer-centred approa…
GCB Bank’s Customer Experience Chief outlines wellness-driven strategy to deepen customer engagement
The Chief Marketing, Communication and Customer Experience Officer of GCB Bank PLC, Cynthia Ofori-Dwumfuo, has reaffirmed the Bank’s commitment to enhancing customer experience through wellness initiatives, digital innovation, fraud awarene…
The world has not had a single cooler-than-normal day since December 2022
The last time the planet's average temperature dipped below normal was 1 December 2022, and even then only by 0.006°C, a difference far too small to feel. Every day since, from 2 December 2022 to 26 October 2026, has been warmer than normal…
One in 3 household firms earns Sh5,000 a month
The proportion of households operating enterprises was higher in urban areas at 25 percent than...…
Prudential Bank holds financial literacy workshop for persons with disabilities
Prudential Bank has held a financial literacy workshop for persons with disabilities (PWDs) in Accra, focusing on improving their understanding of banking services and financial management. The event, organised in partnership with Sightsav…
BoG to host Queen Máxima of Netherlands on November 4, 5, 2026
During the visit, Queen Máxima will hold a bilateral meeting with the Governor of the Bank of Ghana, Dr Johnson Pandit Asiama. The meeting will review Ghana's progress in financial inclusion and digital finance, and the policy and regulator…
CMA seeks to reduce Reits entry price to Sh100,000
This is the second attempt by CMA to lower the threshold of minimum investment.…
NCBA transfers 66pc stake to Nedbank Group
Completion of the deal puts Nedbank in control of NCBA’s strategy going forward, including...…
N500 to the dollar: aspiration, arithmetic and economic reality
Emeka Nwosu sells phone accessories from a glass counter in Computer Village, Ikeja, and every morning before he opens he checks the rate on his phone the way a farmer checks the sky. He has never bought a dollar in his life, but everything…
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