Finance

called upon the Central Bank of Nigeria (CBN) to retract its recent directive mandating banks to impose a 0.5 per cent cybersecurity levy on all electronic transactions within the country.
FinanceNews

House of Representatives to investigate cryptocurrency and e-naira

The House of Representatives has passed a motion to investigate the national security implications of cryptocurrency and other digital asset transactions. Additionally, they...

BusinessFinanceNews

Bitcoin Falls by 6% after Reaching All-time High of $69,000

Bitcoin has fallen by over 6% after shattering its previous record and reaching an all-time high of over $69,000 on Tuesday. The initial...

BusinessFinanceNews

Breaking: Bank of Ghana Suspends Forex Trading Licences of GTB and FBNBank

The Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN)...

FinanceNews

After FG’s seige, Binance stops naira services

In response to the ongoing regulatory conflict in Nigeria, cryptocurrency exchange Binance has announced the discontinuation of all services for the country’s fiat...

BusinessFinanceTechnology

Fintech Startup Brass Furloughs Employees Amid Economic Challenges

Fintech startup Brass has announced its decision to furlough an undisclosed number of its employees temporarily due to prevailing economic challenges. CEO Sola...

BusinessFinanceNews

Access Bank Launches “YouThrive” Initiative to Empower Nigerian Young Entrepreneurs

Access Bank Plc has launched a “YouThrive” initiative to empower 700,000 youth owned Micro, Small, and Medium-scale Enterprises (MSMEs) in Nigeria with N50...

BusinessFinanceNews

Nigerian Entrepreneurs Shine in 2024 Swiss-Africa Start-up Competition

The 2024 Swiss–Africa Academia-Industry Training (AIT) start-up competition has crowned twelve winners from Nigeria, South Africa, and Rwanda across diverse sectors like biotech,...

FinanceNews

Senate to probe N30tn ways and means loan, summons CBN officials

The Nigerian Senate has announced plans to investigate the use of the N30 trillion Ways and Means loan obtained by the Federal Government...

Peter Obi, the presidential candidate of the Labour Party
FinanceNewsPolitics

Tightening Liquidity in the Financial Market Over Production is the Cause of Inflation — Peter Obi

The vintage Onitsha-based trader and Opposition Leader, Peter Obi has expressed crucial opinionated criticism over the recent decision of the Central Bank of...

BRICS Member, Russia Takes First Step of De-Dollarization, Creates New Digital Platform
FinanceNewsPoliticsWorld

BRICS Member, Russia Takes First Step of De-Dollarization, Creates New Digital Platform

The Association of Brazil, Russia, India, China, and South Africa, BRICS has announced its plan to create a new digital payment platform after...

Nigerian banks
BusinessFinanceNews

Nigerian Banks Push Customers to Link NIN and BVN Ahead of CBN Deadline

Nigerian banks are urging customers to link their National Identification Number (NIN) and Bank Verification Number (BVN) ahead of the March deadline set...

BusinessFinanceNews

CBN Governor Raises Concern Over Amount Passing Through Binance Nigeria

Nigeria’s Central Bank Governor, Olayemi Cardoso, has raised concerns over the significant amount of money passed through Binance Nigeria, amounting to approximately $26...