African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

One killed as fire guts Lagos bank

By Media Talk Africa / November 1, 2022

A yet-to-be identified middle aged man has been burnt to death in a fire outbreak that engulfed the Providus Bank […]

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Adichie, Saraki, others to speak at WIMBIZ conference

By Media Talk Africa / November 1, 2022

The Women in Management, Business and Public Service has announced the speakers at its 21st Annual Conference to be held […]

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Naira depreciation’ll worsen Nigeria’s food, energy crisis — W’Bank

By Media Talk Africa / November 1, 2022

The shrinking value of the Nigerian naira and currencies of most developing economies are driving up food and fuel prices […]

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FG exceeds loan target by N1.12tn, borrows N5.3tn

By Media Talk Africa / November 1, 2022

Experts warn Buhari, propose revenue drive FG’s recurrent rise 217% to N8tn The Federal Government exceeded its borrowing by N1.15tn […]

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Naira redesign Ill-timed, will worsen economy – Kachikwu

By Media Talk Africa / October 31, 2022

The presidential candidate of the African Democratic Congress, Dumebi Kachikwu, on Monday, faulted the Naira redesign policy of the Central […]

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CBN destroys over N6tn banknotes under Buhari

By Media Talk Africa / October 31, 2022

The Central Bank of Nigeria is expected to have destroyed over N6tn worth of mutilated and old banknotes when the […]

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CBN has my backing on naira redesign– Buhari

By Media Talk Africa / October 30, 2022

President Muhammadu Buhari has stated the Central Bank of Nigeria (CBN) has his backing on the controversy trailing the decision to introduce […]

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Nigeria, Canada trade grows, hits $2.7bn

By Media Talk Africa / October 30, 2022

The Canadian Trade Commissioner to Nigeria, Temitayo Dada, has said Nigeria is Canada’s largest trading partner in Africa with $2.67bn in […]

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Naira redesign: Governor of Central Bank of Nigeria, Godwin Emefiele, insists it followed due process

By Media Talk Africa / October 29, 2022

In an apparent response to claims by the Minister of Finance, Budget and National Planning, Zainab Ahmad, that her ministry […]

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$1.5b Lekki Deep Sea Port ready for test run

By Media Talk Africa / October 28, 2022

Lekki Deep Sea Port, Nigeria’s deepest seaport will test run operation next week, Lagos State Governor Babajide Sanwo-Olu confirmed yesterday. The test […]

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Flood threatens N1.9tn CBN agric schemes, losses mount

By Media Talk Africa / October 28, 2022

The devastation caused by floods on hundreds of thousands of hectares of farmlands across the country currently poses a threat […]

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Operators kick over bidders named to manage airports

By Media Talk Africa / October 28, 2022

Operators in the aviation industry yesterday kicked over the naming of some companies  selected as  preferred bidders of three  international […]

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Naira redesign not economic priority — CISLAC

By Media Talk Africa / October 28, 2022

The Civil Society Legislative Advocacy Centre has said that the Central Bank of Nigeria’s plan to redesign 200, 500 and […]

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JUST IN: Experts react to CBN’s plan to redesign Naira

By Media Talk Africa / October 27, 2022

By Emma Ujah,   Abuja Bureau Chief, Peter Egwuatu, Asst. Business Editor, Yinka Kolawole, Nkiru Nnorom, Rosemary Iwunze and Godfrey Bivbere […]

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Ogun communities lament blackout, tackle IBEDC

By Media Talk Africa / October 27, 2022

Landlords and residents around Magboro and Ibafo communities, in the Obafemi Owode Local Government Area of Ogun State, have lamented […]

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Northern group kicks against redesign of Naira notes

By Media Talk Africa / October 26, 2022

A group, the Concerned Northern Forum, has kicked against the proposed redesign of the Naira notes by the Central Bank […]

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FG decries rising inflation, moves to stop trend

By Media Talk Africa / October 26, 2022

…Oil theft, petrol subsidy frustrated 2022 budget performance – Minister The Federal Government has decried the growing inflation in Nigeria, […]

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FG earmarks $7bn for poverty reduction

By Media Talk Africa / October 26, 2022

The Federal Government says it has earmarked about $7 billion within the last seven years in its efforts to pull […]

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Fuel scarcity grounds Lagos, Ogun, Abuja, commuters stranded

By Media Talk Africa / October 26, 2022

Petrol scarcity hit different parts of Nigeria on Tuesday, forcing motorists to spend hours at filling stations while battling to […]

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New naira notes to be in circulation December 15 – Emefiele

By Media Talk Africa / October 26, 2022

In line with this approval, we have finalized arrangements for the new currency to begin circulation from December 15, 2022. – […]

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