Reports have it that ₦2,949,557,867 has been illegally transferred from the accounts of African fintech unicorn, Flutterwave. The tech giant’s counsel, Albert Onimole, reported the case to the Deputy Commissioner
Read MoreThe Central Bank of Nigeria (CBN) may go ahead with implementing its cash withdrawal limit policy despite the ruling of the Supreme Court on Friday, March 3, 2023. The apex
Read MoreThe Nigerian naira has reversed its recent gains against the US dollar, falling sharply in value on Thursday, according to the latest foreign exchange rates. The naira had been on
Read MoreAfrica’s richest man Aliko Dangote is set to pocket N292.12 billion in dividend from his cement business after record sales. According to Dangote cement‘s 2022 financial year result, the company made
Read MoreIt has been 12 months since Seplat Energy announced that it has entered into agreements with ExxonMobil to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU), yet
Read MoreOil marketers under the aegis of the Petroleum Retail Outlet Owners Association of Nigeria, have established and deployed a task force to check and sanction filling stations selling Premium Motor
Read MoreThe Naira traded flat against the United States Dollar in the Investors and Exporters (I&E) and the Peer-to-Peer (P2P) windows of the foreign exchange (FX) market on Tuesday, February 28.
Read MoreThe International Monetary Fund (IMF) says only 24 per cent of loans disbursed under the Anchor Borrowers’ Programme of the Central Bank of Nigeria (CBN) have been repaid.The Bretton Woods
Read MoreThe management of Guaranty Trust Bank has dismissed a report that it gave Bola Tinubu, presidential candidate of the All Progressives Congress (APC) N500m in naira new notes on the
Read MoreThe Chief Executive Officer of Lafarge Africa, Khaled El Dokani, said the company’s capital was affected by the worsening exchange rate in 2022, a corporate document obtained on Tuesday disclosed.
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