Business & Economy
Naira nears 1,000/$ at parallel market 16th April 2024
The naira has continued its resurgence against the United States dollar, appreciating N1,136/$ at the official market and N1,050/$ at the parallel market ...
Business & Economy
Why African Youths must have right skills – Adesina
President of the African Development Bank Group, Dr Akinwumi Adesina, has said that Africans have a lot of work to do to make ...
Business & Economy
Investors demand for treasury bills has reached a record high as the total subscriptions have risen to N2.62 trillion, with particular interest observed ...
Business & Economy
BREAKING: CBN reports over $1.5bn Forex Inflow
The Central Bank of Nigeria (CBN) has disclosed that the Nigerian economy witnessed $1.5 billion foreign exchange inflow into the country, two days ...
Business & Economy
Bank mergers likely as CBN directs N500b capital base
A Significant increase in the minimum capital requirements for all banks operating in the country was yesterday announced by the Central Bank of ...
Business & Economy
Naira appreciates to N1,382/dollar, Presidency cautions speculators
The naira maintained a steady appreciation against the United States dollar on Thursday, gaining N18 to close 1,382/$ at the official market. This ...
Business & Economy
Reps summon Binance boss over alleged terrorism financing, others
The House of Representatives Committee on Financial Crimes has summoned the Chief Executive of Binance Holding Limited, Richard Teng, over alleged involvement in ...
Business & Economy
Suspicious $26bn passed through Binance Nigeria in one year – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has said nothing less than $26 billion was moved by unknown ...
Business & Economy
How Binance P2P contributes to plummeting Naira value
If you go to Binance P2P, there is heavy manipulation going on there. And from my deductions, most of the big Binance P2P ...
Business & Economy
Dollar Hits N1,600 At Parallel Market
The foreign exchange crisis worsened on Thursday as the local currency further depreciated, exchanging at N1,600 to a dollar at the parallel market. ...