Business
NTSB begins investigation into Friday helicopter crash, Access Holdings to reveal successor
The American National Transport Safety Board (NTSB) has said possible weather conditions were likely responsible for the helicopter crash that killed Access Holdings...
“We will Close Borders to Stop Food Shortage”- Kyari
Abubakar Kyari, the Minister of Agriculture and Food & Security, has disclosed that the Federal Government is considering closing the nation’s borders to...
Ecobank, Sendwave, Others Instructed to Pay Customers Money Sent From Abroad in Naira only
Nigerian banks have commenced the implementation of the Central Bank of Nigeria’s (CBN) revised guidelines on international money transfer operations. These regulations permit...
NNPC to Transfer Significant Part of its Revenue to CBN
The Nigerian National Petroleum Company (NNPC) Limited and the Central Bank of Nigeria (CBN) have reviewed their decision to centralize a significant portion...
WHY LESS QUALIFIED PEOPLE ARE DOING BETTER THAN YOU
Mara’s article recently got published in a highly-ranked mental health magazine. She shares the news on her LinkedIn, and that is where Sarah,...
Why it is Unwise for CBN to Convert Domiciliary Accounts to Naira- Kalu Aja
Over the past couple of days, there have been speculations that the Central Bank of Nigeria (CBN) has plans to convert foreign currencies...
Bill Gates and Jeff Bezos-Backed Firm Discovers Massive Copper Deposit in Zambia
KoBold Metals, a California-based metals exploration company backed by billionaires like Bill Gates and Jeff Bezos, has discovered a substantial copper deposit in...
CBN Discovers False 2.4 billion FX Backlog
In a recent interview with Arise Television, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso disclosed that 2.4 billion of the $7 billion...
Nigeria’s Electricity Grid Collapses Again
Nigeria faced yet another electricity grid collapse on Sunday, plunging several cities, including the capital Abuja, into darkness. The Abuja Electricity Distribution Company...
Apple’s Vision Pro: Magic or a Mirage?
The Apple Vision Pro made its debut in US Apple stores on Friday, marking the tech giant’s first major release since the Apple...
CBN’s Recent Effort to Stabilize Nigeria’s Volatile Exchange Rate: a Policy Overload?
“CBN bans banks and Fintechs from International Money Transfers” “CBN mulls the conversion of 30bn domiciliary accounts to Naira” “CBN hikes import duty...
In 24 hours, CBN increased Import Duty by another 4.4%
The Central Bank of Nigeria (CBN) has raised import duty rates by 4.4 percent within 24 hours, causing uproar among importers and Customs...