The government of President Bola Ahmed Tinubu is set to receive fresh loan funding from the World Bank, with approval expected for loans totalling $2.25bn (N3.35trn)...
Binance Says It Was Asked for ‘Secret’ Payment Over Nigeria Woes. “As our employees were leaving the venue, they were approached by unknown persons who suggested...
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on some transactions done by their...
Changpeng Zhao, founder of the world’s largest cryptocurrency exchange, was sentenced Tuesday to four months in prison U.S. District Judge Richard A. Jones credited the founder...
Godwin Obaseki, governor of Edo, has approved a new minimum wage of N70,000 for civil servants in the state. The governor made the declaration on Monday,...
The Naira on Friday, April 19, depreciated to N1,140 per dollar in the parallel market, from N1,060 per dollar recorded on Thursday, April 18. The Naira also...
Across major markets, prices of goods are moving away from the lower denomination of the Naira currencies as inflation bites harder.. Not too long ago, a...
Africa’s richest man Aliko Dangote has expressed hope in the Nigerian economy as he asked citizens to expect a drop in inflation given the reduction of...
The Central Bank of Nigeria has decided to discontinue the practice of accepting foreign currencies as collateral for loans issued in naira. In a circular issued...
The Federal Government under President Bola Ahmed Tinubu has asked Nigerians to prepare to pay more for electricity, saying there will soon be no more subsidy....
