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Transcorp announces Q1 profit of ₦50.7bn despite revenue

  • 25th April 2026

ADVAN recognised for advancing marketing practice, societal impact

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International Breweries posts ₦40.31bn pre-tax profit in Q1

  • 25th April 2026
Nigerian crypto firm convicted for illegal USDT-Naira transactions, forfeits N140m

EFCC arrests ex-Skye Bank CEO Tunde Ayeni over

  • 25th April 2026

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Aviation

Terror alert: British Airways cancels London-Abuja flights

British Airways has called off flights scheduled to land in the Nnamdi Azikiwe International Airport, Abuja, from London, in the early hours of Saturday, days after foreign embassies issued terror alerts. Daily Trust reported that a BA83 flight from London-Heathrow to Lagos was abruptly redirected to the Abuja airport. The lack of appropriate notification infuriated passengers […]

How more taxes'll reduce debt load - FG
News

CBN didn’t consult FG on new naira notes – Minister

The Federal Government has stated that is had prior knowledge about the Central Bank of Nigeria plan to redesign the N100, N200, N500 and N1000 naira notes. According to Vanguard, the Minister of Finance, Budget and National Planning , Zainab Ahmad, stated that if done, the move would cause great consequences for the nation and […]

Kingsley Moghalu
News

Moghalu backs CBN to redesign naira notes

Former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, has expressed support for the decision of the Central Bank of Nigeria to redesign the Naira. The former presidential candidate gave his reasons via a series of tweets on his verified Twitter handle on Friday. Moghalu explained that the decision of the apex banking […]

Game store halts operations in Nigeria
News

Game store halts operations in Nigeria

Popular South African giant discount retail company, Game, has announced it’s exiting Nigeria by December 25, 2022. This was disclosed in a letter signed by the Vice President of Merchandise at Game, Neville Hatfield, dated October 26, 2022. As seen in the letter, the company noted that it had notified its business partners about the […]

Naira falls N777 against dollar after CBN announcement
News

Naira falls N777 against dollar after CBN announcement

The Naira reportedly crashed to N775 against the dollar a few days after the Central Bank of Nigeria revealed its plan to redesign the Naira. AMBusiness on Wednesday reported that the CBN Governor, Godwin Emefiele said that the bank would release re-designed naira notes by December 15, 2022. The affected Naira notes are N100, N200, […]

Trapped funds: CBN to give foreign airlines $150m
Aviation

Trapped funds: CBN to give foreign airlines $150m

The Central Bank of Nigeria has decided to proceed with plans to release another $150 million in frozen cash to international airlines. Although, CBN Governor, Godwin Emefiele, announced on Monday that the bank would release $120 million in trapped funds owed to foreign airlines operating in the nation, a source with one of the airlines […]

UBA opens to customers Saturday for old naira notes
Banking

UBA opens to customers Saturday for old naira notes

To ensure a smooth process for clients to return the old Naira notes they may still have in their possession, the United Bank for Africa Plc has modified its banking hours. According to TheNewsGuru, this was stated in a statement issued by the bank in response to a recent development at the Central Bank of […]

Zenith Bank's Q3 earnings hit N620.6bn
Banking

Zenith Bank’s Q3 earnings hit N620.6bn

Zenith Bank Plc stated that its gross earnings increased 20 per cent in the third quarter of 2022 to N620.6bn from N518.7bn in the third quarter of 2021, indicating macroeconomic stability. According to The PUNCH, it was disclosed in its non-validated results for the third quarter statement highlighted ‘Zenith Bank surmounts macroeconomic headwinds with double-digit […]

Access Bank nears completion of National Bank of Kenya acquisition
Banking

Nigeria resources enough to end economic crisis – Access Bank chair

The Chairman Of Access Bank Plc, Mrs. Dere Awosika, said that the Federal Government, with resources appropriation, has the power to resolve its fiscal problems. Awosika made this known while addressing the 22nd edition of NECCI Public Relations Roundtable in Lagos State on the theme, ‘Danger of a Single Story: Communication and Reputational Crisis in […]

New naira: Beware of currency hoarders, EFCC warns BDC operators
Economy

New naira: Beware of currency hoarders, EFCC warns BDC operators

The Economic and Financial Crimes Commission has urged Bureau de Change operators to be wary of currency hoarders who would attempt to offload the currencies they had illegally stashed away. The EFCC made this known in a statement released on Wednesday while backing the Central Bank of Nigeria’s plan to redesign the naira notes. While […]

New naira'll make ransom payment difficult - CBN
Banking

New naira’ll make ransom payment difficult – CBN

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that the payment of ransom to kidnappers and criminal elements will be difficult once it introduces the new naira notes. AMBusiness reported that the apex bank on Wednesday announced the plan to redesign the N200, N500, and N1,000 notes by December 15. The […]

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