NAIRA DEPRECIATES TO N1,250/$ IN PARALLEL MARKET
In the parallel market yesterday, the value of the Naira depreciated to N1,250 per dollar from N1,140 per dollar that it was on Thursday In...
UPDATE: FCCPC STORMS CHINESE SUPERMARKET OVER CLAIMS OF DISCRIMINATION AGAINST NIGERIANS
Arriving at the China General Chamber of Commerce, an Abuja-based Chinese supermarket, is the Federal Competition and Consumer Protection Commission (FCCPC). Nigerians had earlier on...
EMPTY ATMs: CUSTOMERS CLAIM BANKS CONSPIRE WITH PoS OPERATORS TO EXTORT NIGERIANS
By Ajape Sefiu A. A growing number of Automated Teller Machines (ATMs) that are "temporarily unable to dispense cash" have led to accusations from the...
THERE’LL BE UPS AND DOWNS, BUT WE’RE WORKING TO STABILISE NAIRA — CBN
The Central Bank of Nigeria (CBN), has reiterated its commitment to attaining a stable foreign exchange (FX) rate. Yemi Cardoso, CBN governor stated this during...
DOSUNMU MARKET: SUSPENSION ORDER REMAINS IN FORCE – LAGOS GOVT
The Lagos State Government has reaffirmed that the suspension order on Dosunmu Market and its environs following the recent fire incident is still in place....
CBN NOT USING FOREIGN RESERVES TO DEFEND NAIRA — CARDOSO
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, declared yesterday that the apex bank is not defending the Naira with the...
FACTS ABOUT THE NEW NATIONAL IDENTITY CARD
KEY FACTS ABOUT THE PROPOSED NEW GENERAL MULTIPURPOSE NATIONAL IDENTITY CARD 1. The new National ID Card is a single, convenient, and General multipurpose card...
NACCIMA PLANS CONSULTATIONS OVER BANK RECAPITALISATION
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture is taking a cautious and analytical approach to the Central Bank of Nigeria’s new...
TAX EVASION: COURT FIXES APRIL 4 FOR BINANCE EXECUTIVES ARRAIGNMENT
The arraignment of Binance Holdings Limited and its officials, Tigran Gambaryan, and fleeing Nadeem Anjarwalla, on allegations of tax evasion has been fixed for April...
COURT ORDERS BINANCE TO PROVIDE EFCC WITH USER DATA FROM NIGERIANS
A Federal High Court located in Abuja has mandated that Binance Holdings Limited furnish the Economic and Financial Crimes Commission with detailed data about every...