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BREAKING: CBN raises interest rate to 24.75%

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The Central Bank of Nigeria (CBN) has increased the interest rate by 200 basis points to 24.75% from 22.75% in an effort to address...

JUST IN: CBN sells forex to BDCs @N1,251/$1, instruct them not...

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The Central Bank of Nigeria has sent a circular to BDCs alerting them that they had sold $10,000 to each BDC at a rate...

JUST IN: FG files tax evasion charges against Binance

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The Federal Government on Monday launched proceedings against Binance, a popular cryptocurrency exchange platform, over tax evasion. The Federal Inland Revenue Service filed the accusations...

Court orders Binance to release data of Nigerians trading on its...

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The Federal High Court in Abuja has ordered Binance Holdings Limited to provide the Economic and Financial Crimes Commission with all data and information...

Banks not allowed to pay dividends from FX revaluation grains...

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The Central Bank of Nigeria (CBN) has reiterated that banks are not allowed to use their foreign exchange revaluation gains for dividends or operational...

“Naira looks Cheap”, to appreciate to N1,200/$1 – Goldman Sachs

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Goldman Sachs analysts Andrew Matheny and Bojosi Morule forecast a large increase in the exchange rate to N1,200/$ in 12 months. This represents a huge...

JUST IN: Bank of Ghana suspends forex licences of GTB and...

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The Bank of Ghana has declared that Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN)'s foreign exchange trading licences will be...

JUST IN: CBN revokes operational licenses of 4,173 BDCs

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The Central Bank of Nigeria (CBN) has withdrawn the operational licenses of over 4,000 Bureau De Change (BDC) businesses that fall under its jurisdiction. The...

Secure Your Finances: How to link your NIN/BVN to your Nigerian...

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Are you looking to link your NIN/BVN to your bank account in Nigeria? I'll guide you through the process step by step. It's crucial...

Boost Your Earnings: Make Money with Your Smartphone in Nigeria

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Looking to turn your smartphone into a money-making machine in Nigeria? I'll show you how to tap into the endless opportunities right at your fingertips. From online surveys to freelance gigs, get ready to unlock the potential of your device and start earning cash on the go.
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