Forex crisis: Over $26bn funnelled through Binance without trace in 4 years – CBN Gov
Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, says more than $26 billion was funnelled through the cryptocurrency […]
African Business News
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African Business News
Senate probes Ajaokuta Steel Company, NIOMCO over alleged unlawful $496m payment
Worried by the alleged incidences of corruption and inefficiency at the Ajaokuta Steel Company Limited and the National Iron Ore
Senate plans six-year tenure for CBN Gov, N1trn recapitalization for banks
The Senate has set machinery in motion for amendment of the Central Bank of Nigeria, (CBN) Act, 2007, which will
Equity market sustains loss, sheds N773bn
The bears maintained their grip on the Nigerian Exchange on Tuesday, as the All-Share Index dipped 1.39 per cent . Investors lost N773bn underpinned on
CBN interest rate hike won’t tame price increase in Nigeria – CPPE
The Centre for the Promotion of Private Enterprise says an interest rate hike by the Central Bank of Nigeria will
Hardship: Naira may exchange for N4000 against US dollar – Ozekhome
Amid the current economic hardship, a Senior Advocate of Nigeria, SAN, Mike Ozekhome, has warned that the naira may exchange
Challenges in CNG Adoption Due to Gas Station Shortage
The insufficient number of Compressed Natural Gas (CNG) filling stations poses a significant challenge to the adoption of CNG-powered vehicles.
Nigerian Naira Strengthens Against US Dollar Amid Central Bank Meeting
In a positive turn of events, the Nigerian Naira continued its upward trajectory against the US Dollar in the foreign
Federal Commission Acts Against Overbilling by Jos Electricity Distribution Company
In a significant move, the Federal Competition and Consumer Protection Commission (FCCPC) has issued a directive to the Jos Electricity
Rise of Fake AI News Sites Highlights Global Misinformation Threat
A recent report revealed a concerning surge in the number of fake artificial intelligence (AI) news platforms, reaching a staggering
Advocacy Group Urges Increase in Sugar-Sweetened Beverages Tax for Public Health
The Corporate Accountability and Public Participation Africa (CAPPA) is calling for a significant rise in the tax on Sugar-Sweetened Beverages
Nigeria’s Manufacturing Sector Sees Decline in GDP Contribution to 8.23% in Q4
Nigeria’s manufacturing sector witnessed a decrease in its contribution to the Gross Domestic Product (GDP) to 8.23% in the fourth