Binance to exit Nigerian market, ends naira trading services
Binance will discontinue all services for Nigeria’s fiat currency, the naira, amid an ongoing regulatory conflict in the country. The crypto exchange will automatically convert naira balances to USDT…
Ghana’s Central Bank suspends forex licences of two Nigerian banks
The Ghanaian Central Bank has suspended the foreign exchange licence of Guaranty Trust Bank and FBN Bank for one month. In a statement issued by the Bank of Ghana…
Tributes, tears as business community celebrates Wigwe
uniagric Leadership News Tributes, Tears As Business Community Celebrates Wigwe Written by Zaka Khaliq and Bukola Aro-Lambo 1 min ago Late Herbert Wigwe Late Herbert Wigwe Emotions ran high on…
Jeff Bezos reclaims world’s richest person title from Elon Musk
Jeff Bezos, the chief executive officer (CEO) of Amazon, has become the world’s richest man, with his net worth hitting the $200 billion mark. Bezos dethroned Elon Musk, the…
Naira depreciates to N1,620/$ at parallel market
The Naira, on Monday, depreciated to N1,620/$ at the parallel section of the foreign exchange market. The figure represents N20 or 1.25 percent depreciation compared to the N1,600 it…
IGP bans use of POS machines in stations, force facilities nationwide
The Inspector-General of Police (IGP), Kayode Egbetokun has prohibited the use of point of sale (POS) machines “within the premises of police stations and facilities” across the country. Olumuyiwa…
SIM-NIN linkage: Lawyer slams N10bn suit against NCC, telcos for blocking phone lines
A Lagos-based lawyer, Olukoya Ogungbeje, on Monday filed a N10bn suit before the Federal High Court in Lagos against the Nigerian Communications Commission, its Executive Vice Chairman/Chief Executive Officer…
Inflation: Nigeria can learn from Zimbabwe, says Obasanjo
Former President Olusegun Obasanjo, on Monday, advised that Nigeria should approach the government of Zimbabwe for a solution to the current all-time high inflation in the country. He noted…
Obaseki says CBN interest rate hike will not lead to economic growth
Governor of Edo state, Godwin Obaseki says fundamentally and fiscally, an increase in the monetary policy rate (MPR) will not lead to economic growth. On February 27, 2024, the…
Bandits attack community chief, kidnap his pregnant wife, demand N20m ransom
A coalition of civil rights organisations has urged the Inspector General of Police, Kayode Egbetokun, to ensure the swift release of the kidnapped pregnant wife of a traditional…
