News
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...
Investigative Journalist Fisayo Uncovers How Nigeria Customs Aid Smuggling
In an endeavor to shed light on the alarming porosity of Nigeria’s borders, an investigative journalist and founder of the Foundation for Investigative...
Police encourages family to negotiate with kidnappers
Eight persons have allegedly been abducted by gunmen along Abuja/Kogi road yesterday. According to a post on X by one @LawrenceOkoro, the vehicle...
Naira Approaches N2000-$1 Despite EFCC Crackdown On Currency Exchange Black Markets
In a bid to address the worsening scarcity of the dollar and stem the depreciation of the Nigerian Naira, the Economic and Financial...
Niger State: Reverse all appointments before any dialogue – NLC/TUC tells Gov. Bago
Government workers in Niger State on Wednesday embarked on an indefinite strike to press down their demands for good wages, among other issues. ...
IMF Predicts Zero Growth Rate for Nigeria, Warns Naira May Depreciate Further by 35% in 2024
The International Monetary Fund (IMF) has predicted a further 35% depreciation of the Nigerian Naira in 2024, owing to the country’s production challenges....
Just in: FG Allegedly Restricts Crypto Exchange Platforms in Nigeria
The Federal Government of Nigeria have allegedly banned cryptocurrency platforms, including Binance, OctaFX, Coinbase, and others, to revive the naira and tackle currency...
FX Crisis: Tinubu’s SA recommends ban on Crypto, Binance and Others
Bayo Onanuga, Special Adviser on Information and Strategy to President Tinubu, has recommended a ban on all cryptocurrency exchange platforms. He said this...
D’Tigers forced to forfeit AfroBasket qualifiers due to funding
In what can be described as a blow to Nigeria’s basketball, D’Tigers have been compelled to forfeit the upcoming AfroBasket qualifiers due to...
Tinubu Appoints Kemi Nandap as Comptroller-General of Nigeria Immigration Service
President Bola Tinubu has appointed Deputy Comptroller-General (DCG) Kemi Nanna Nandap as the new Comptroller-General of the Nigeria Immigration Service (NIS), effective March...
Binance Adjusts Peg to ₦1892/$, Denies Allegations of Conniving with Govt.
Binance has countered allegations of succumbing to the Nigerian government’s foreign exchange control desires. On the evening of Wednesday, February 21, 2024, the...