The naira has dropped to N760 per dollar at the parallel section of the foreign exchange (FX) market, popularly called the black or street market. The...
In compliance with the Central Bank of Nigeria’s (CBN) currency redesign and cash withdrawal policy that limited withdrawals across all channels to N500,000 weekly, banks have...
Centum Investment Company Plc, the majority shareholder of Sidian Bank, has pulled out of a deal with Access Holdings. Recall that while Access Bank negotiated to...
Group-IB, a global cybersecurity leader specializing in the investigation and prevention of cybercrimes, has revealed how ransomware operations remained the top cyber threat to companies and...
By Marcel Okeke One of the ironies of the Nigerian economy remains the fact that at a time that it is expected to be reaping a...
By Dakuku Peterside The inauguration of the Management Board of the Niger Delta Development Commission (NDDC) last week, the second under President Buhari, was greeted with mixed...
A report recently released by the Financial Institutions Training Centre (FITC) has revealed that about N1.17 billion was lost to fraud across 24 banks operating in...
Despite disbursing a whopping $15.3bn into the economy to stabilize the Naira exchange rate in the official market in 2022 by the Central Bank of Nigeria,...
Nigeria recorded the highest crude oil production rate in Africa last month, according to the latest monthly oil market report by the Organization of Petroleum Exporting...
The Nigeria Energy Dialogue (NED) has partnered with the Federal Ministry of Science, Technology and Innovation to unveil the Methanol Fuel Production Technology. The Executive Director...