Finance
Flutterwave Appoints Renowned Architect Olajumoke Adenowo to Global Board
Flutterwave, Africa’s leading startup, appoints Nigerian architect Olajumoke Adenowo to its global board of directors, signalling its commitment to international expansion. As Flutterwave’s...
Olufemi Bakre, Managing Director of Parallex Bank, Named Banker of the Year 2023
Olufemi Bakre, Managing Director of Parallex Bank, was named Banker of the Year 2023 by The Sun Newspapers at an award ceremony in...
CBN Seeks Inputs from BDC Stakeholders Over Revised Guidelines
Nigeria’s Central Bank, CBN, requests inputs or comments from Bureau De Change (BDC) stakeholders over its revised Regulatory and Supervisory Guidelines. On Friday,...
Inflation: That’s the price for today – Market traders
“I can say that things were normal during Jonathan’s administration. If you had N2 million, you’d be good to start a business, but...
Pay Expatriates in Naira, Completely Ban Dollars – Ned Nwoko advises FG
Nigerian Senator and entrepreneur, Ned Nwoko, has strongly proposed a ban on the use of dollars. During a Senate plenary session in Abuja...
This doesn’t happen in other countries, raiding markets and all- Bismarck Rewane
Speaking on the ongoing crackdown on Bureau de Change (BDC) operators by law enforcement agencies in a bid to stabilize the falling Naira,...
Binance Blocks Nigerians Access to its Website
Binance, the world’s leading cryptocurrency exchange, has confirmed blocking its website and other cryptocurrency platforms to Nigerian users. This was disclosed on Thursday...
Naira Approaches N2000-$1 Despite EFCC Crackdown On Currency Exchange Black Markets
In a bid to address the worsening scarcity of the dollar and stem the depreciation of the Nigerian Naira, the Economic and Financial...
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...
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...
EFCC Raids BDC Operators Across States Over Forex Hikes
Following the arrest reports of Bureau De Change (BDC) operators by the Economic and Financial Crimes Commission (EFCC) at the Wuse Zone 4,...