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Bureau de Change Operators Greedy, Make Abnormal Profit From Forex Sales — Emefiele
The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Tuesday, said Bureau de Change Operators in…
CBN Halts Sale Of FOREX To Bureaux de Change
The Central Bank of Nigeria (CBN) on Tuesday stopped sale of foreign exchange to bureaux de change. The…
House Approves Pay-Per-View, Price Reduction For DSTV, Other Cable TV Subscribers
The House of Representatives has adopted the pay-per-view, pay-as-you-go and price reduction for DSTV and other cable satellite…
FIRS Accuses Multichoice Of Tax Fraud Worth N1.8trn
The Federal Inland Revenue Service has engaged some commercial banks to freeze and recover N1.8 trillion from accounts…
Binance Banned By UK Financial Watchdog
Binance, the world’s biggest crypto-currency exchange, has been banned by the UK’s financial regulator. The Financial Conduct Authority…
Nigeria Borrowed N1.3tn In Four Years To Subsidies Power Consumers, Firms – World Bank
The Federal Government has borrowed a total of N1.3tn since 2017 to ensure that generation companies and gas…
Nigeria To Launch Its Own Cryptocurrency This Year – CBN
Rukiyat Mohammed, the Director for Information Technology at the Central Bank of Nigeria (CBN) has stated that Nigeria…
Ogilvy Africa Nigeria Strengthens Senior Leadership Team
The First Primus Group (consisting of Nigeria operations of Ogilvy Africa, amongst other subsidiaries) has today announced senior…
First Bank Debunks Rumours That They’re Closing Branches In South East
First Bank Nigeria has said that its 81 branches in South East of Nigeria are fully open for…
Bread, Biscuits Price To Be Increased By 30%
The Association of Master Bakers and Caterers of Nigeria (AMBCN) has directed its members nationwide to increase the…
Nigeria Will Soon Create Its Own Digital Currency – CBN
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has revealed that Nigeria will soon create…
Absa Bank MD, Abena Osei-Poku Recognised As One Of Africa’s Top Female Corporate Leaders
The Managing Director of Absa Bank Ghana, Abena Osei-Poku has been named as one of Africa’s 50 Most…
French Fashion Tycoon, Bernard Arnault Becomes The Richest Man In The World
French fashion tycoon, Bernard Arnault is the current richest man in the world. This comes after his net…
300 Billion Naira Lost By Investors In A Day As Stocks Fall
Investors in the Nigerian stock market lost N300bn at the end of trading on Wednesday as bearish sentiments…
Cryptocurrency Market Worth Hits $2tn
The cryptocurrency market has grown exponentially in 2021 and is now worth a staggering $2.0 trillion as it…
Subscriber Groups Threaten To Take Legal Action Over USSD Charge
Subscriber groups have threatened to take legal action as soon as the new Unstructured Supplementary Service Data service…
USSD: Banks Unblock MTN, Reconnect It To Banking Channels
Commercial banks on Sunday reconnected MTN customers to banking channels. This comes 48 hours of disconnecting MTN customers…
Banks Disconnection: MTN Provides Alternative
Following disconnection of MTN customers by commercial banks, MTN is now exploring other electronic payment platforms for its…
USSD: MTN Disconnected From Banking Channels
Commercial banks have disconnected MTN customers from banking channels including the Unstructured Supplementary Service Data and banking apps.…
Nigerian Stock Market Records N140bn Weekly Loss
The Nigerian stock market extended its decline last week as investors lost N140bn. The Nigerian Stock Exchange All-Share…