The exchange rate between the naira and the dollar plummeted to N900/$1 on the black market, based on quotes received by newsmen late on Tuesday. This...
The New Development Bank (NDB), better known as the BRICS Development Bank, has announced plans to begin lending in South African and Brazilian currencies in order...
Bureau De Change Operators in Nigeria have agreed with the acting CBN Governor that most transfers conducted by the International Money Transfer Operators (IMTOs) have been...
The board of Zenith Bank Plc has announced a delay in the release of its Half-Year (HY) financial results due to post-audit issues. This was disclosed...
Caleb Mutfwang, governor of Plateau, on Monday, inaugurated an Abuja-Jos direct flight to further improve the quality of transportation in the state. Speaking at the inaugural...
The government of Somalia has banned TikTok, messaging app Telegram, and the online-betting website 1XBet. The country’s Minister of Communications, Jama Hassan Khalif, who announced this in a statement...
The Central Bank of Nigeria (CBN) has released fresh operational mechanisms for the sale of forex by Bureau De Change (BDCs) operators within the country. This...
The Metaverse Foreign Exchange Group (MTFE), codenamed one of the biggest ponzi scheme of the century has now been shut down after it successfully duped unsuspecting investors with...
Human rights lawyer Femi Falana, SAN, has slammed the floating of the naira by the Central Bank of Nigeria. Falana also disclosed that he is challenging...
Governor Babajide Olusola Sanwo-Olu has unveiled Optimus Bank, the latest addition to the Nigeria’s financial space in grand style. The governor, in his speech, emphasized the...