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Minister pledges collaborative approach to tackle housing deficit

  • 28th April 2026

Petrol, diesel subsidised for Nigerian consumers – Dangote

  • 28th April 2026
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China blocks Meta’s $2bn acquisition of AI startup

  • 27th April 2026

South Africa withdraws draft AI policy over fake

  • 27th April 2026

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Minister pledges collaborative approach to tackle housing deficit

Business

Petrol, diesel subsidised for Nigerian consumers – Dangote Refinery

Business

Zenith Bank expands into Côte d’Ivoire, targets wider W’African

Banking
Meta plans fourth AI overhaul in six months

China blocks Meta’s $2bn acquisition of AI startup Manus

Business

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Ukraine: Russia lost only 8.5% of Western firms, says report
News

Russia suspends participation in Ukraine grain deal

Moscow on Saturday suspended its participation in a landmark agreement that allowed vital grain exports from Ukraine, blaming drone attacks on Russian ships in Crimea. Russia made the announcement after its army accused Kyiv earlier Saturday of a “massive” drone attack on its Black Sea fleet, which Ukraine labelled a “false pretext” and the UN […]

New naira'll make ransom payment difficult - CBN
News

New naira: We followed due process, says CBN

  The Central Bank of Nigeria has insisted that it followed due process with their plan to re-design the N100, N200, N500, and N1,000 banknotes. AM BUSINESS had on Wednesday reported that the CBN Governor, Godwin Emefiele announced that the bank would release re-designed naira notes by December 15, 2022. However in another twist, the […]

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 […]

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