Business

Binance, a cryptocurrency exchange, has announced its decision to cease operations in Nigeria due to regulatory challenges with the federal government and the Central Bank of Nigeria (CBN) regarding foreign...

In recent reports, the Naira yesterday suffered a setback in its gaining streak as it depreciated at the official window after recording gains for four consecutive days. It was however...

Following the additional levies of $10,000 and $15,000 on expatriate staff and directors, respectively, by the Federal Government, the Lagos Chamber of Commerce and Industry (LCCI) has expressed concern about...

The Naira yesterday recorded a gain for a fourth consecutive day at the official window but has however taken a dip at the parallel market. The naira on the parallel...

The Central Bank of Nigeria (CBN) said it successfully concluded a sale of government securities, issuing N1.053 trillion (about $680 million) in short-term instruments as part of its liquidity management...

In recent reports, efforts by the Federal Government to contain the rising inflation may lead to N5 trillion cash mopping up from the banking industry as the Central Bank of...

According to recent reports, more multinational corporations and indigenous companies operating in the country risk more foreign exchange losses as rate volatility continues to pose a challenge to operations. From...

According to reports 70 million bank customers are at risk of losing access to their accounts when the Central Bank of Nigeria’s directive on restricting accounts without Bank Verification Numbers...

In recent reports, President Bola Ahmed Tinubu has directed cement companies to go back to the status quo as regards the price of the commodity. Minister of Works, Senator David...

President Bola Ahmed Tinubu has commended the outgoing Comptroller-General of the Immigration Service (CGIS), Caroline Wura-Ola Adepoju, for exceptional service to the country. During the pull-out parade ceremony in Abuja...