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BDCs break silence on N1000/$ exchange rate at P2P
Contrary to rumors on X (previously Twitter), Bureau De Change operators denied that the dollar is now selling for…
CBN burst fresh $2.4bn foreign exchange scam
In an astonishing discovery, Governor Yemi Cardoso of the Central Bank of Nigeria (CBN) has revealed that law…
CBN increases interest rate to 24.75%
The Central Bank of Nigeria has raised the monetary policy rate, also known as the interest rate, by 200 basis…
Tax Fraud: FG files four count criminal charges against Binance
The federal government has initiated criminal proceedings against Binance, a well-known cryptocurrency exchange…
BREAKING: Arrested Binance chief escapes from custody, flies out of Nigeria
Nadeem Anjarwalla, one of the two Binance executives held in Nigeria for alleged tax evasion and other offenses,…
Access Holdings set to acquire National Bank Of Kenya Limited
Access Holdings has announced plans to acquire the National Bank of Kenya, marking its first big transaction since…
BREAKING: CBN clears all FX backlog as external reserves uptick to $34.11bn
The Central Bank of Nigeria (CBN) has cleared the $7 billion foreign exchange (FX) backlog that Governor Yemi…
Naira stabilizes at N1400/$ on the parallel market as speculators sell
Parallel market players are suggesting a buy price of N1400/$1 for dollar holders wishing to sell, indicating a…
FAAC allocation records 23.56% increase in 1 year – NEITI
According to the latest data from the Nigeria Extractive Industries Transparency Initiative (NEITI), the three…
Adaora Umeoji appointed as new Zenith Bank GMD/CEO
Zenith Bank Plc announced on Tuesday afternoon the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing…