Finance
Nigeria sets dangerous precedent detaining execs and crackdown on Crypto – Binance
The CEO of the cryptocurrency exchange Binance, Richard Teng, accused the Nigerian authorities of setting a dangerous precedent following the invitation of its...
”Nigerian Officials demanded crypto payments to make the issues “go away” – Binance
Binance Holdings Limited, a cryptocurrency platform, has alleged extortion and harassment by authorities in Nigeria. The company asserts that Nigerian authorities demanded a...
SEC Plans to Delist Naira from all Crypto P2P Platforms
The Acting Director General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, has advocated delisting the Naira from peer-to-peer (P2P) cryptocurrency...
N10bn allocated for Abia airport was used for roads – Ikpeazu
Dr. Okezie Ikpeazu, the former governor of Abia State, has responded to allegations made by his successor, Dr. Alex Otti, regarding the utilisation...
CBN Orders Banks to Charge Customers a 0.5% Levy to Fund NSA Cybersecurity Program
The Central Bank of Nigeria (CBN) issued an order directing commercial banks to charge customers a 0.5% deductible levies to help fund the...
WHISTLER Exposes Ex-Abia Governor’s N10bn Misappropriation for Non-existent Airport Project
New details have emerged regarding the former Abia State Governor, Okezie Ikpeazu, and the alleged misappropriation of N10 billion designated for an airport...
Guaranty Trust Holding Company Shatters Records with Historic Pre-Tax Profits in Nigerian Banking
Guaranty Trust Holding Company (GTCO), one of Nigeria’s most efficiently managed banks, has recently announced record-breaking pre-tax profits in Nigerian banking history. According...
U.S. Job Growth Falls Short in April, Unemployment Rate Rises to 3.9%
The United States’ job growth for April fell below expectations, with the economy adding only 175,000 jobs. This figure is well below the...
Nigerian Banks Face Challenges as Stocks See Downturn and Valuations Remain Low
In April, Nigerian banks faced significant challenges as major banking stocks experienced losses month-to-date. This downturn aligned with the first month-to-date decline in...
Court Adjourns Binance Money Laundering Trial, Defendant’s Bail Plea Disputed
The Federal High Court in Abuja has adjourned the trial concerning money laundering allegations against Binance Holdings Limited and two of its executives,...
AUC Speaks on Attempted Fraud on African Union Bank Accounts
On Tuesday, the African Union Commission (AUC) released a statement following the attempted fraud activities to unlawfully withdraw funds from African Union Bank...
EFCC Goes After BDC Operators in Wuse, Abuja
To clamp down on currency-related offences and stabilise the nation’s exchange rate, the Economic and Financial Crimes Commission (EFCC) conducted a surprise raid...