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FinanceNews

Breaking: CBN To Take Over All Dormant Accounts For Treasury Bill Investments

The Central Bank of Nigeria (CBN) has issued new directives to banks and financial institutions regarding dormant accounts. The CBN will now take...

FinanceNews

Nigeria’s FCCPC Hits Meta with $220 Million Fine For Data Use Violations 

The Federal Competition and Consumer Protection Commission (FCCPC) has fined Meta, the parent company of Facebook, WhatsApp, and Instagram, $220 million for violating...

FinanceNews

Shareholders Condemn Tinubu’s Plan To Impose 50 Percent Windfall Tax on Banks’ Forex Gains

The New Dimension Shareholders Association of Nigeria (NDSA) has condemned the Federal Government’s decision to impose a 50 per cent windfall tax on...

FinanceNews

CBN Resumes Dollar Sales To BDCs After Stopping In March

The Central Bank of Nigeria (CBN) has resumed the sale of dollars to Bureau de Change (BDC) operators. This decision came after a...

FinanceNews

Customs Duty Exchange Rate Exceeds Official Rate Of N1581/$

The exchange rate utilised by the Nigeria Customs Service (NCS) for duties collection has surpassed the official closing rate of the Naira against...

EducationNews

Just In: Minister Of Education Orders JAMB, Institutions Not To Admit Anyone Below 18

Minister of Education, Professor Tahir Mamman, has mandated the Joint Admissions and Matriculation Board (JAMB) and all universities, polytechnics, and colleges of education...

FinanceNews

Cardoso Warns High Interest Rates Will Persist If Inflation Keeps Rising

Yemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has cautioned that the CBN will keep interest rates high for longer if...

BusinessNews

Economic Hardship: TotalEnergies To Sell Nigeria Onshore Assets To Chappal Energies For $860M

TotalEnergies has entered into a definitive agreement to sell its onshore oil assets in Nigeria to indigenous firm Chappal Energies for $860 million,...

Ghana bribery
FinanceNews

Ex-Goldman Banker Under House Arrest In U.S. For Alleged Bribery To Ghana Officials 

Asante Berko, a former Goldman Sachs Group executive, has been brought from the United Kingdom to New York to face charges related to...

FinanceNews

Address Cedi Depreciation, Leave Debates – Ghana MP Tells Vice President

John Jinapor, the Member of Parliament for Yapei Kusawgu, has called on Vice President Dr Mahamudu Bawumia to prioritise stabilising the Ghanaian Cedi...

Bangladesh shuts schools
FinanceNews

Bangladesh Shuts Schools And Universities Following Job Quota Protests 

Bangladesh has issued an indefinite closure order for all schools, universities, and Islamic seminaries following violent protests that resulted in the deaths of...

BusinessNews

Elon Musk To Move SpaceX And X Headquarters To Texas Over California’s Trans Student Privacy Law

Elon Musk has announced that SpaceX and X (formerly Twitter) will relocate their headquarters from California to Texas. Musk cited California’s new student...