The Central Bank of Nigeria (CBN) has assured that the remainder of banks’ FX backlogs would be cleared in the next few days. The governor of...
MTN Nigeria Plc has reported a massive foreign exchange loss of N740 billion up from N81 billion reported in 2022 signifying the company’s first-ever...
The Central Bank of Nigeria (CBN) is working with the International Monetary Fund (IMF) to establish a comprehensive framework to address volatility in the...
The Nigerian government has obtained a court warrant to detain two Binance officials for at least 12 days in the first instance. While the full...
Binance, a widely used crypt exchange with over 170 million users worldwide disabled its peer-to-peer feature for Nigerian users. Known as the P2P market, the network...
Delta State has set the pace in Nigeria, being the first to endorse the restoration of mangrove forest, seagrass protection and preservation of the...
The Nigerian Communications Commission, NCC, has issued a directive to telecom service providers to bar subscribers who have failed to link their phone...
Banks are currently experiencing a surge of customers as the March 1 deadline for the linkage of Nigeria National Identification Numbers (NIN) to Bank...
Nuhu Ribadu, the national security adviser has detained two executives of the Binance crypto exchange platform and confiscated their international passports, the Financial Times reported...
Naira has continued its appreciation streak at the parallel section of the foreign exchange (FX) market. The local currency traded at N1,500/$ on Wednesday, representing a...