Amid the scarcity of Naira notes, Nigerians seem to be dumping the country’s currency for Dollar as the country’s external reserves went down by –1.97 per cent since the Central

The National Bureau of Statistics (NBS) has revealed that the South-East region of the country recorded the highest average retail price for Premium Motor Spirit (PMS) in January 2023 while

A Chief Magistrate Court sitting in Ikeja , Lagos has vacated its ruling that convicted and sentenced the Managing Director and Company Secretary of Fidelity Bank Plc to six weeks

FBN Holdings Plc, the parent company of First Bank of Nigeria Limited has dismissed a report alleging that the Economic and Financial Crimes Commission (EFCC) declared its group managing director,

Billionaire and founder of Microstrategy, Micheal Saylor, had said cryptocurrency, Bitcoin (BTC) is now competing against a traditional asset, Gold. There has always been an argument about the status of

The Naira appreciated against the United States Dollar at the parallel market, the Peer-2-Peer (P2P) and the Investors and Exporters (I&E) windows of the foreign exchange (FX) market. In the

Jumia has sacked 900 workers to save cost, resulting in a 20 per cent reduction in workforce, Ripples Nigeria gathered from the firm’s 2022 Fourth Quarter Financial Statements. In the

Earlier today, the CBN authorities had confirmed to journalists and to some banks that it authorised the deposits, only to rescind its decision hours later. The Central Bank of Nigeria

The Central bank of Nigeria (CBN) has order commercial banks in the country to start accepting old naira notes. It, however, pegged the maximum amount the banks can collect at

The Governor of the Central Bank of Nigeria, CBN, Goodwin Emefiele said his team has met with 15 commercial banks on how to implement President Muhammadu Buhari’s recent directives on