The biggest mess created in 2023 was actually the devaluation of...
Aliko Dangote, the most affluent individual in Africa, is the Chairman of Dangote Industries Limited.
Addressing the shareholders at the yearly general assembly of Dangote...
Multichoice ignores court order, proceeds with DStv, GOtv rate hikes
Multichoice Nigeria, a prominent Pay TV operator, has increased its costs for DStv and GOtv users, despite a recent court judgment that prohibits the...
CBN stops Moniepoint, Palmpay, Opay, Kuda from onboarding new customers following...
The Central Bank of Nigeria (CBN) has directed four fintech companies to suspend onboarding new customers until further notice temporarily.
The fintech startups listed earlier...
Tribunal halts MultiChoice’s plan to raise subscription rates for DStv, Gotv
The Competition and Consumer Protection Tribunal (CCPT) in Abuja has issued a restraining order against MultiChoice Nigeria Limited from raising their rates and the...
First Bank MD, Adesola Adeduntan, resigns
After nine years as the managing director of First Bank of Nigeria Limited, Adesola Adeduntan has resigned from his position.
He was set to retire...
CBN sells dollars to BDCs below market rate at N1,101/$1, BDC...
The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change operators (BDCs) advising them to sell $10,000 to each BDC...
CBN increased capital base for commercial banks with international authorisation to...
The Central Bank of Nigeria (CBN) has increased the capital basis of commercial banks with international authorization to N500 billion and national banks to...
BREAKING: CBN raises interest rate to 24.75%
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...
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
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...