The federal government has allegedly detained at least two senior officials from Binance, a cryptocurrency exchange company. According to the Financial Times, both executives came into...
Nigeria’s commercial bank, Guaranty Trust Bank (GTBank), has announced that all its Lagos branches will close early on Wednesday following the announcement that repairs will be...
The Central Bank of Nigeria has increased the share capital of Bureau De Change operators (BDCs) to N2 billion and N500 million for Tier 1 and...
Following a pair of missed monetary policy sessions, Nigeria is poised to raise interest rates twice in a little over a month to control inflation and...
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has called on Chief Executive Officers and CEOs of banks across the country...
President Bola Tinubu intends to raise $10 billion to increase liquidity in the foreign exchange market. On Tuesday, the naira hit an all-time low of 1,850...
The African Development Bank (AfDB) has expressed concern that rising prices of fuel and other commodities could lead to social unrest in Nigeria. The rising cost...
Former Vice President of Nigeria, Professor Yemi Osinbajo, described the ex-Chief Executive Officer of Access Holdings Plc, Herbert Wigwe, who died last week along with his...
A video has emerged of Chief Bode George, a chieftain of the People’s Democratic Party, PDP, accusing Herbert Wigwe of amassing wealth through corruption in the...
Nigeria’s inflation rate surged further in January, reaching nearly 30% in annual terms, owing to rising food prices and the country’s naira falling to record lows....