CRYPTOCURRENCY: Binance has legally registered with Italy’s financial company
As the largest cryptocurrency exchange attempts to gain ground in Europe, Binance announced on Friday that its legal company in Italy had approved with...
First Bank: Femi Otedola confirmed majority shareholder of FBN Holdings with...
Billionaire investor and chairman of Geregu Power Plant, Femi Otedola is now the majority stakeholder of FBN Holdings, one of Nigeria’s most respected banks...
World’s richest billionaire loses $69 billion within 5 months as Tesla...
Elon Musk's fortune – and Tesla's stock – plummeted on Friday, extending a negative trend and putting the billionaire's takeover of Twitter in jeopardy.
Musk...
Naira closes week at N605/$1 at the black market
The exchange rate between the naira and the US dollar closed at N419.02/$1 at the official Investors and Exporters (I&E) window.
Compared to the previous...
CBN issues guidelines for Open Banking in Nigeria to enhance financial...
In order to foster innovation and widen the range of financial goods and services available to bank customers, the Central Bank of Nigeria has...
McDonald’s to sell its Russian business for $1.4 billion to local...
McDonald's has announced that it will sell its Russian business, joining a long list of companies that have left the country.
According to the company,...
BREAKING: Nigeria’s inflation rate jumps to 16.82% in April 2022, highest...
Nigeria's inflation rate increased to 16.82 percent in April 2022, following a similar increase the previous month due to higher energy and food prices....
MTN, Mafab Set to Rollout 5G in August as FG List...
The winners of the licence for 5G spectrum in Nigeria, Mafab Communications and MTN, are set to accelerate the deployment of the technology across...
Naira falls sharply at official window despite rise in FX liquidity
Thursday, 12th May 2022: At the official Investors and Exporters (I&E) window, the naira and the US dollar exchange rate ended at N420/$1, down...
“Nigerians Should Prepare For The Worst Fuel Scarcity”, Petrol Marketers
The Independent Petroleum Marketers Association of Nigeria has asked Nigerians to prepare for the worst fuel crisis.
To avoid this, the petrol marketers association asked...