African Business News

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Redesigned Naira: CBN accuses banks of hoarding N4.5b new notes

By Ifunanya / January 21, 2023

The Central Bank of Nigeria (CBN) has accused some commercial banks in Port Harcourt, Rivers State, of refusing to dispense […]

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Access Bank strengthens cross-border banking

By Ifunanya / January 21, 2023

Access Bank Plc has reassured stakeholders of its commitment to sustain its cross-border banking presence in Africa following the bank’s […]

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Buhari okays fresh N1.9tn for NNPC road projects

By Ifunanya / January 21, 2023

The President, Major General Muhammadu Buhari (retd.) The President, Major General Muhammadu Buhari (retd.), has given approval to the recommendation […]

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New naira notes: Governors set up committee to work with CBN

By Ifunanya / January 21, 2023

The Nigerian Governor’s Forum (NGF) has set up a six-member committee to engage the Central Bank of Nigeria (CBN) to […]

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Naira redesign: CBN announces cash swap across 774 LGAs

By Ifunanya / January 21, 2023

The Central of Nigeria, CBN, has initiated a cash-swap programme across the 774 local government areas of the country as […]

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Winners to emerge in Wema Bank millionaire promo

By Ifunanya / January 21, 2023

Wema Bank has said it will produce millionaires among its customers at the second edition of the ALAT 5for5 promo. […]

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FG owes China, Japan, Germany, two others $4.85bn

By Ifunanya / January 21, 2023

The Federal Government of Nigeria borrowed about $3.27bn from five countries between June 30, 2015 and September 30, 2022, according […]

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FG generated N14.6bn in 5 years from issuance of mining licenses – Nkom

By Ifunanya / January 21, 2023

The Director General of Nigeria Mining Cadastre, Obadiah Nkom, on Thursday disclosed that the office generated N14.6 billion from 2018 […]

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Oil firms raise investments amid energy transition programme

By Ifunanya / January 20, 2023

The Federal Government plans to achieve net zero by 2060 but the journey to this destination seems bumpy as it […]

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FG licenses 20 local meter manufacturers

By Ifunanya / January 20, 2023

The Federal Government has issued fresh licences to 20 new local meter manufacturers in preparation for the next phase of […]

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