Business
Just in: FG Allegedly Restricts Crypto Exchange Platforms in Nigeria
The Federal Government of Nigeria have allegedly banned cryptocurrency platforms, including Binance, OctaFX, Coinbase, and others, to revive the naira and tackle currency...
FX Crisis: Tinubu’s SA recommends ban on Crypto, Binance and Others
Bayo Onanuga, Special Adviser on Information and Strategy to President Tinubu, has recommended a ban on all cryptocurrency exchange platforms. He said this...
Binance Adjusts Peg to ₦1892/$, Denies Allegations of Conniving with Govt.
Binance has countered allegations of succumbing to the Nigerian government’s foreign exchange control desires. On the evening of Wednesday, February 21, 2024, the...
Nigerian Govt. Allegedly Pressured Binance to Restrict P2P Dollar Trading
Binance, the world’s largest cryptocurrency trading platform, on Tuesday, restricted Nigerians from freely engaging in dollar-naira trade on its peer-to-peer (P2P) platform due...
Businesses Are Dying, Manufacturers Are Shutting Down Because of Poor, Inconsistent FG Duty Policies – Peter Obi
Peter Obi has urgently called on the federal government to end the inconsistency in duty charges as it affects the country’s general business...
Nassarawa police raid kidnappers’ den, arrest 109 illegal miners
The Nasarawa State Police Command has apprehended at least 109 individuals suspected of illegally mining within the Nasarawa Eggon Local Government Area. In...
Nigerian Breweries loses N106.31bn, says Nigerians can no longer afford beer
Hans Essaadi, the Chief Executive Officer of Nigerian Breweries Plc, has disclosed that the economic condition in Nigeria has worsened to a point...
Tinubu About to Cause Air Disaster, Imposes 50% Tax on NCAA
In a bid to raise revenue, President Bola Ahmed Tinubu has issued a directive mandating all self-funded agencies, including the Nigeria Civil Aviation...
“We realized N556.74m from e-auction of 462 vehicles”- Customs refute fraud allegations
The Nigeria Customs Service (NCS) has reported that they realized approximately N556.74 million from an ongoing e-auction of 462 impounded vehicles. The statement...
Customs Accused of Selling 300 Seized Vehicles to One Individual at N10,000 Each
The Nigeria Customs Service (NCS) has been accused of fraud in its ongoing e-auction process, as one individual allegedly secured over 300 vehicles...
Nigeria’s Inflation Not Looking Good – NBS 2024 Report Shows
Despite being Africa’s largest economy, Nigeria’s National Bureau of Statistics (NBS) released the inflation report for January 2024 on Thursday, showing a 0.98%...
Breaking: NUPRC Ordered to Relocate Some Depts to Lagos
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has received a directive to move part of its operations to Lagos. The memo seen by...