Business

UK exits recession as economy bounces back

The economy of the United Kingdom emerged from recession ahead of schedule in the first quarter of 2023. According to…

7 months ago

Naira now world’s worst performing currency – Bloomberg report

According to a recent Bloomberg report, the country's currency, the naira, has declined and is now the poorest-performing currency in…

7 months ago

Why Cryptocurrency businesses should be licensed in Nigeria – IMF

Global cryptocurrency trading platforms should be licenced or registered in Nigeria and subject to regulatory regulations, according to the International…

7 months ago

Naira devaluation: Airtel records $549m foreign exchange losses

For its entire year ending in March 2024, Airtel Africa Plc reported a $89 million loss after taxes. This was…

7 months ago

BREAKING: Do you make use of PoS, then this information is strictly for you

Some Points of Sale operators in the Federal Capital have taken issue with the Corporate Affairs Commission's (CAC) recent rule…

7 months ago

CBN: Things to know about Cybersecurity levy on electronic transactions in Nigeria

Nigerians are angry at the Central Bank of Nigeria's recently implemented 0.5% cybersecurity levy.  The Cybercrimes (Prohibition, Prevention, etc.) (Amendment)…

7 months ago

How Nigerian official requested $150m bribe from Binance – Report

According to reports, Binance Limited was offered a $150 million bitcoin bribe by the Nigerian government. This was revealed on…

7 months ago

Cybersecurity levy 0.005% not 0.5% – Tinubu’s aide Onanuga makes clarifications

President Bola Ahmed Tinubu’s spokesperson, Bayo Onanuga, has clarified that the cybersecurity charge recently imposed on all banks and financial…

7 months ago

Nigerian govt orders all PoS operators to register with CAC, reveals deadline

In compliance with the directives of the Central Bank of Nigeria, the Nigerian government has mandated that all point-of-sale operators…

7 months ago

NGX makes gain after losing N3.53tn in April

The Nigerian Stock Exchange Limited saw its first weekly gain, following a N3.54 trillion loss in April 2024.  This is…

7 months ago