Finance
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)...
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...
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...
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...
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,...
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...
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
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 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...
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...
Apapa Customs Command generates 16 billion naira daily
The Nigeria Customs Service (NCS) Apapa Command said it generates N16 billion daily, marking a significant leap in its financial performance. The Area...
House of Reps summons CBN governor, Cardoso over REMITA
The House of Representatives Public Accounts Committee has summoned the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to appear before...