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Google and Microsoft hit by slowing economy

Sales at the tech giants Alphabet and Microsoft have slowed sharply, adding to fears of a downturn in the economy. Alphabet, which owns Google and YouTube, said sales rose just 6% in the three months to September, to $69bn, as firms cut their advertising budgets. It marked the US firm’s weakest quarterly growth in nearly […]

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CBN to redesign N200, N500 and N1,000 notes

The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500, and N1,000 notes. CBN Governor, Godwin Emefiele, disclosed this during a special press briefing in Abuja.  The new design and issues will be effective from December 15, 2022. The action was taken in order to take control of the currency […]