Despite the Central Bank of Nigeria’s (CBN) restriction on cryptocurrencies-related transactions in the banking sector, a report by a crypto platform has said about 33.4 million...
Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American...
Oil prices dropped below the $100 per barrel mark as COVID-related lockdowns in China weighed on demand expectations. Data from Reuters showed Brent crude the international...
The Federal Government has disclosed that over 5,000 debtors currently owe its agencies about N4.67tn. The Minister of Finance, Budget, and National Planning, Zainab Ahmed, who...
Tesla CEO Elon Musk won’t be joining Twitter’s board of directors as previously announced. The tempestuous billionaire remains Twitter’s largest shareholder. Twitter CEO Parag Agrawal tweeted the news, which...
Nigeria’s 105-year old financial institution, Union Bank, has launched SpaceNXT, a technological and innovation hub, in Nigeria’s seat of commerce, Lagos. The bank revealed this on...
The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has finally presented the report of the review of the vertical revenue allocation formula to the President, Major...
The Nigerian National Petroleum Company (NNPC) has paid over $3.68 billion in cash call debt to five oil companies. The payment is part of NNPC’s total...
The Central Bank of Nigeria (CBN) has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from transacting...
American global tech payments giant Visa has built an innovation studio in Kenya as it seeks to help Africans develop digital solutions. The multinational financial services...