The Association of Bureaux de Change Operators of Nigeria (ABCON) has lauded the decision of the…
Continue ReadingCategory: News
Naira Crashes To N1,309/$1 At Official Market
The Nigerian Naira has depreciated at the official market, with the exchange rate falling to N1,309.39 to a…
Continue Reading
CBN raises capital base for mega banks to N500bn
Barely 48 hours after restating the need to increase the capital base of Deposit Money Banks…
Continue Reading
Fallen ‘Crypto King’ Sam Bankman-Fried gets 25 years for fraud
Sam Bankman-Fried, co-founder of the failed crypto exchange FTX, has been sentenced to 25 years in…
Continue Reading
Binance executives drag NSA Ribadu, EFCC to court over detention
Binance executive Tigran Gambaryan has taken legal action against National Security Adviser Nuhu Ribadu and the…
Continue Reading
Naira rises further at official market as dollar supply surges by 69.43%
The Naira has risen further to 1,300.43 on the official foreign exchange (FX) as dollar supply…
Continue Reading
FG directs banks to deduct 0.375% stamp duty charges on all loans
The Federal Government has directed commercial banks in the country to henceforth deduct and remit 0.375%…
Continue Reading
Nigerian govt to unveil N100bn consumer credit soon – FIRS Boss
The Federal Inland Revenue Service Chairman, Zacch Adedeji, said the Nigerian government would unveil its proposed…
Continue Reading
Security forces kill bandit leader who shot down military helicopter
Security forces have reportedly killed an infamous bandit leader Dogo Gide, behind several attacks, including the…
Continue Reading
$7bn Forex Backlogs: NACCIMA Commends CBN, Makes Case For OPS Unmet Forex Requests
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has commended the clearance…
Continue Reading