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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...
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CBN Lifts Ban on BDC Operators
The Central Bank of Nigeria (CBN) has discontinued its ban on Bureau De Change (BDC) operators in Nigeria’s foreign exchange market. This is...
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Alleged Misappropriation: Former Kwara State Governor Granted ₦50m bail
Federal High Court sitting in Ilorin, Kwara State, has granted the former governor of the state, Abdulfatah Ahmed, a ₦50 million bail after...
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No generation would forgive the breakup of the ECOWAS Community – Gen. Gowon
Former Nigerian Head of State and surviving founder of the ECOWAS, Gen Yakubu Gowon, has expressed sadness over the recent developments in the...
FinanceNews
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...
FinanceNews
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...
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Customs Comptrollers In N15bn Scandal As CG Adeniyi Waives Duties On 500 NASS Luxury Vehicles
The Nigeria Customs Service (NCS) and its Comptroller General, Bashir Adeniyi, are under intense pressure amidst revenue target shortfalls and suspected fraud in...
FinanceNews
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,...
FinanceNewsPolitics
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...
BusinessFinanceNews
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...
BusinessFinanceNews
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...
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Abuja Disco Threatens Disconnection of Electricity in Aso Villa, Others Over Unpaid Bills
To address outstanding debts owed by various government Ministries, Departments, and Agencies (MDAs), Abuja Electricity Distribution PLC (AEDC) has warned sternly of impending...