African Business News

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UPDATED: Suspend limits on cash withdrawal, Reps tell CBN

By Media Talk Africa / December 8, 2022

The House of Representatives on Thursday, asked the Central Bank of Nigeria to suspend its latest policy which, among others, […]

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Customers, companies panic as CBN slashes withdrawal limits

By Media Talk Africa / December 7, 2022

The Central Bank of Nigeria has imposed fresh cash withdrawal limits on individuals and organisations, which will become effective on […]

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Fuel scarcity will linger till January, say marketers

By Media Talk Africa / November 26, 2022

The frequent appearance of queues of desperate motorists at filling stations in search of Premium Motor Spirit, otherwise known as […]

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New Naira Notes Unveiled (Pictures)

By Henry Orji / November 23, 2022

New notes unveiled

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Vehicle importation drops by 40% as clearing charges skyrocket

By Media Talk Africa / November 20, 2022

What made the value high is because of the levy imposed on older vehicles; it is the reason for the […]

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Twitter closes offices amid mass resignation

By Media Talk Africa / November 18, 2022

Employee departures were multiplying at Twitter on Thursday after an ultimatum from new owner Elon Musk, who demanded staff to […]

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More Troubles for P&ID as Firm Owned by Danjuma Drags Ex-partner to Court over $40m Loss

By Henry Orji / November 18, 2022

A firm owned by a billionaire and former Nigerian Defence Minister, Lt. Gen. Theophilus Danjuma is suing Process and Industrial […]

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Bawa: Naira Redesign Significant Step to Economic Recovery

By Henry Orji / November 18, 2022

*Says more governors are being monitored for stashed cash  *ICPC recovers N117bn in eight months*Arraigns former customary court of appeal […]

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Naira rise: Inject more Dollars to sustain gains – Experts tell CBN

By Media Talk Africa / November 11, 2022

Nigeria’s currency is now standing better than when the Central Bank of Nigeria, CBN, announced the date for the commencement […]

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N170/litre fuel price impossible – NNPCL

By Media Talk Africa / November 10, 2022

Anywhere you have arbitrage, you will have these issues. As long as arbitrage is there, you will continue to have […]

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