CBN Announces No Deadline for Old Naira Notes
Nigeria’s Central Bank Dispels Rumors on Naira Banknotes Deadline In response to recent speculation surrounding the validity of old Naira […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
IMF Wants Details on BRICS Cross-Border Payments Plan
IMF Seeks Clarity on BRICS Cross-Border Payments System The International Monetary Fund (IMF) is seeking more information about a proposed
Nigeria to Overhaul Livestock Sector
Nigerian President Bola Tinubu hosted a high-stakes stakeholders forum at the Presidential Villa on Thursday, bringing together experts in the
TCN Repairs 330kV Transmission Line After Disrupting Power in Nigerian Regions
Nigeria’s Transmission Company Embarks on Urgent Repairs After Nationwide Power Outage In a nationwide effort to restore power, the Transmission
First Bank Upgrades: Temporary Disruptions Expected
First Bank to Transition to New Cloud-Based Platform, Expecting Temporary Service Disruptions In a significant move to improve operational efficiency
NNPCL Commences $6bn Debt Repayment
Nigeria Makes Headway in Debt Repayment as NNPCL Initiates $6 Billion Settlement Process The Nigerian government has taken a significant
FG Issues 7-Day Ultimatum to Julius Berger on Abuja-Kaduna Road
Nigeria’s Federal Government has issued a final seven-day ultimatum to construction firm Julius Berger, calling on the company to accept
Nigeria’s Flight Woes Blamed on Lack of Aircraft Capacity
Flight Delays and Disruptions in Nigeria Attributed to Airlines’ Capacity Issues The Nigeria Civil Aviation Authority (NCAA) has identified the
Canada Cuts Interest Rate to 3.75% Amid Inflation Battle
Canada Cuts Interest Rate, Bringing Relief to Borrowers Amid Easing Inflation In a significant move to further alleviate the financial
African Business News
Naira Drops N52 in 48 Hours Amid FX Supply Plunge
Nigeria’s Naira Plunges Amid FX Supply Shortage In a dramatic turn of events, Nigeria’s currency, the Naira, has taken a
IMF Downgrades Nigeria’s Growth Prospects
IMF Cuts Nigeria’s Growth Projections Due to Low Crude Oil Production and Severe Flooding The International Monetary Fund (IMF) has
Mozambican Cigars Make Their Mark
Africa Joins Global Cigar Market as Mozambique’s Bongani Cigars Make Its Mark In a small, neon-lit factory in Maputo, Mozambique,