News
CBN gives July 7 ultimatum for PoS Operators to Register with CAC
Central Bank of Nigeria issued a letter on April 30, 2024, directing “all non-individuals” on the Agent Banking Authorisation to register with the...
Tech Layoffs Persist in 2024: Major Companies Cut Thousands of Jobs
The tech industry continues to witness a persistent wave of layoffs in 2024. After significant downsizing in 2022 and 2023, this year has...
Putin Begins Fifth Term Amid Ukraine War
Russian President Vladimir Putin was inaugurated for his fifth term on Tuesday in a ceremony at the Kremlin’s Grand Kremlin Palace. Under the...
FoodCo drags Two workers to Court for Allegedly Stealing N2,600 Worth of Bread
Two employees of FoodCo, situated at the Ring Road branch in Ibadan, Oyo State, Ebenezer Olusesi, aged 31, and Ibrahim Adeniyi, aged 41,...
GRV visits Mende Villa Estate, alleges negligence and incompetence by LASG
Gbadebo Rhodes-Vivour, gubernatorial candidate of the Labour Party, visited the Mende Villa Estate; he made this known in a post on X, condemning...
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...
Nigerian Presidency rushes to counter Atiku’s criticism on political affairs
The Bola Tinubu administration has fully deployed the Nigerian Presidency’s official handle in running an Op-ed to counter criticism from opposition party leader...
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 Reintroduces N10k Charges on Cash Deposits Above N500k
The Central Bank of Nigeria (CBN) has reintroduced fees for deposits exceeding N500,000 for both individual and corporate account holders. Effective May 2024,...
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...