Business

Nigeria economy rakes in $1.5bn inflow in days

The Central Bank of Nigeria reports that the country's economy has received inflows totaling over $1.5 billion in the last…

9 months ago

Merger coming as CBN raises capital requirements for banks in Nigeria

As a result of the Central Bank of Nigeria’s (CBN) increase in minimum capital requirements for banks, bank mergers are…

9 months ago

Naira maintains N1,300 exchange rate against USD

As of Thursday's conclusion of trading on the official foreign exchange market, the Naira has retained its N1,300 status versus…

9 months ago

US court sentence crypto king Sam Bankman-Fried to 25 years in prison

Sam Bankman-Fried, a US entrepreneur and crypto king, has been sentenced to 25 years in prison for his role in…

9 months ago

Cement prices decrease by 26% in Abuja

Ikolo Clement, the monarch of the Ewu kingdom and one of the wanted suspects declared by the Nigerian military, surrendered…

9 months ago

ABCON reveals when Naira will appreciate to N1,000 per USD

When will the Naira appreciate to N1,000 per US dollar, according to the Association of Bureau de Change Operators in…

9 months ago

CBN Governor Cardoso explains position on Binance

The apex bank has continued to exchange information on Binance with other Nigerian government agencies, according to Governor of the…

9 months ago

Why I divorced Kanye West – Kim Kardashian

Kim Kardashian, an American reality star, has revealed the reasons why she divorced Kanye West, a controversial rapper and billionaire.…

9 months ago

FX crisis: CBN orders BDCs on how much to sell dollar

At an exchange rate of N1,251 per US dollar, the Central Bank of Nigeria, CBN, has given Bureau De Change,…

9 months ago

Nigerian govt gives update on N50,000 presidential conditional grant scheme

The Federal Government of Nigeria has declared that applicants for the N50,000 Presidential Conditional Grant Scheme for people in each…

9 months ago