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BUSINESS1d agoSovereignty law not responsible for Uganda shilling fall – BoUThe Bank of Uganda states that a sovereignty law is not the cause of the Ugandan shilling's decline. This addresses a debate regarding the factors influencing the national currency's value.observer.ug · Uganda
BUSINESS1d agoFAAC shares N2.43trn among FG, states, LGs•As CIT, CGT, stamp duties, VAT collections decline By Emma Ujah The Federation Account Allocation Committee (FAAC) has shared N2.428 trillion among the three tiers of government, Federal Government, state governments and local government councils. This comes as collections from Companies Income Tax (CIT), Capital Gains Tax (CGT), Stamp Duties and Value Added Tax (VAT) […] The post FAAC shares N2.43trn among FG, states, LGs appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoHeadline inflation drops to 14.63% as food prices ease•But core inflation still rising By Yinka Kolawole & Elizabeth Adegbesan Nigeria’s headline inflation rate declined to 14.63 per cent in September 2026 from 15.39 per cent the previous month of August, driven by a moderation in food prices, even as core inflationary pressures strengthened during the month. The September headline inflation figure which indicates […] The post Headline inflation drops to 14.63% as food prices ease appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoShenbanjo : Access to Capital Determines Business Success – THISDAYLIVEShenbanjo, as reported by THISDAYLIVE, asserts that access to capital is a decisive factor in business success. This piece provides economic insight into crucial elements for enterprise growth.thisdaylive.com · Nigeria
BUSINESS1d agoPSG nears R600bn assets after R440bn decade - long rallyPSG is approaching R600 billion in assets following a decade-long rally that added R440 billion. This indicates significant financial growth for the entity.businessday.co.za · South Africa
BUSINESS1d agoReforms have helped African countries weather oil shock , says IMFThe International Monetary Fund (IMF) states that reforms have enabled African countries to withstand the impact of an oil shock. This indicates the positive effect of policy changes on economic resilience in the region.businessday.co.za · South Africa
BUSINESS1d agoFG Flags Off N1 . 83tn Dangote - financed Niger Highway Project – THISDAYLIVEThe Federal Government has commenced a N1.83 trillion Niger Highway Project, financed by Dangote. This marks a significant infrastructure development for the region.thisdaylive.com · Nigeria
BUSINESS1d agoMining cooperation: A new chapter in China-Africa common development, By Yu DunhaiOn 13 October, 2026, Chinese President Xi Jinping put forth a four-point proposition on advancing China-Africa mining cooperation during his meeting with President Duma Gideon Boko of Botswana, who was on a state visit to China. Grounded in the profound transformation of the global critical minerals landscape and Africa’s urgent need for independent development, and […] The post Mining cooperation: A new chapter in China-Africa common development, By Yu Dunhai appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoCan Zimbabwe’s ZiG win trust and replace the US dollar?After repeated currency crises, Zimbabweans remain wary of the ZiG.Al Jazeera [en]
BUSINESS1d agoIMF spells doom for MalawiThe International Monetary Fund has issued a negative economic forecast for Malawi. This indicates significant economic challenges and potential instability for the country.malawi24.com · Malawi
BUSINESS1d agoFG Reopens First Niger BridgeThe infrastructure was closed in September, 2026, to facilitate emergency maintenance and rehabilitation works by the Federal Ministry of Works. The post FG Reopens First Niger Bridge appeared first on Channels Television.Channels TV
BUSINESS1d agoNSITF boss calls for stronger collaboration to boost workers’ welfareBy Johnbosco Agbakwuru ABUJA — The Managing Director and Chief Executive Officer of the Nigeria Social Insurance Trust Fund (NSITF), Oluwaseun Faleye, has urged stronger collaboration among public service agencies to improve workers’ welfare, boost productivity and strengthen social security. The NSITF MD made the call on Thursday in Abuja while delivering a goodwill message […] The post NSITF boss calls for stronger collaboration to boost workers’ welfare appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoCourt acquits Malabu Oil, Aliyu Abubakar of OPL 245 deal chargesThe court held that the EFCC failed to prove the OPL 245 related charges beyond reasonable doubt. The post Court acquits Malabu Oil, Aliyu Abubakar of OPL 245 deal charges appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoCreecy unveils R50bn Prasa upgrades , new bus fleet , refurbished train stationCreecy has unveiled R50 billion worth of upgrades for Prasa, including a new bus fleet and a refurbished train station. This indicates significant investment in public infrastructure.timeslive.co.za · South Africa
BUSINESS1d agoNAFDAC seizes N200m fake drink packaging in AbaBy Chioma Obinna The National Agency for Food and Drug Administration and Control, NAFDAC, has seized counterfeit packaging materials valued at more than ₦200 million from five shops at Old Court Road Market, Aba, Abia State, during an enforcement operation targeting the alleged production of fake alcoholic drinks and other regulated products. The agency said […] The post NAFDAC seizes N200m fake drink packaging in Aba appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoUS wants to see Senegal’s debt restructuring completed within a yearA top US Treasury official highlighted Dakar's case as an example of improvements in sovereign debt restructuring.Africanews [en]
BUSINESS1d agoAviation: with the takeover of TAP, can Lufthansa challenge Air France-KLM in Africa?Avec une offre de 1,2 milliard d’euros, Lufthansa intègre le capital de TAP Air Portugal. Une prise de participation qui lui ouvre grand les portes du marché lusophone en Afrique et renforce sa présence face à Air France-KLM.Jeune Afrique
BUSINESSBREAKING1d agoPetrol price cut: Filling stations shut in KebbiBy Haruna Aliyu, Birnin Kebbi The reduction in petrol pump price announced by the Nigerian National Petroleum Company Limited (NNPC) has been followed by the closure of several filling stations in Birnin Kebbi, leaving motorists and commuters struggling to access the product. A survey by our correspondent revealed that a day after the NNPC announced […] The post Petrol price cut: Filling stations shut in Kebbi appeared first on Vanguard News.Vanguard Nigeria
BUSINESSBREAKING1d agoBreaking: Nigeria’s inflation rate drops to 14.63%NBS said: “In September 2026, the headline inflation rate stood at 14.63%, down from 15.39 per cent in August 2026, and stood at 20.98 per cent in the same month of the preceding year (September 2025). The post Breaking: Nigeria’s inflation rate drops to 14.63% appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoCardoso: Nigeria to replicate remittance reforms to diversify FX earnings“We went through a crisis in which our net external reserves fell to about $3 billion at one point, despite having a population of over 200 million people. In addition, we had outstanding foreign exchange obligations of more than $7 billion. The post Cardoso: Nigeria to replicate remittance reforms to diversify FX earnings appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoASP Isotopes jumps as QLE signs South African HALEU JV frameworkASP Isotopes' stock has risen following QLE's signing of a Joint Venture framework for HALEU in South Africa. This indicates positive market reaction to a business development in the nuclear fuel sector.Seeking Alpha Tech
BUSINESS1d agoEthiopia, Guinea, Benin… Which African countries show the strongest economic growth?Dans son rapport sur les perspectives économiques régionales, le FMI table sur une croissance du PIB de 4,5 % en 2026 et en 2027 pour l’Afrique subsaharienne, malgré la guerre au Moyen-Orient. Une moyenne qui masque de grands écarts.Jeune Afrique
BUSINESS1d agoFG, States, LGs Share ₦2.4trn September 2026 RevenueThe N2.428 trillion total distributable revenue comprised distributable statutory revenue of N1.672 trillion and distributable Value Added Tax (VAT) revenue of N756.587 billion. The post FG, States, LGs Share ₦2.4trn September 2026 Revenue appeared first on Channels Television.Channels TV
BUSINESS1d agoIMF Raises Africa Regional Economic Outlook, Lauds ResilienceThe Fund upgraded its growth forecast for the region by 0.2 percentage points from its last World Economic Outlook update in April, noting that global energy supply adjustments and private sector adaptation helped cushion the shock of the war's effect. The post IMF Raises Africa Regional Economic Outlook, Lauds Resilience appeared first on Channels Television.Channels TV
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