Category: Business

Jun 30
Binance reacts to ban in UK territory

United Kingdom has stopped operation of Binance in the country, giving the biggest…

Jun 30
At 22%, Nigeria has one of lowest debt to GDP ratio among peers

Despite the backlash that trailed Nigeria’s consistent borrowing, the country has one…

Jun 30
Nigerian govt reveals reason UAE flights remain banned

The Federal Government has disclosed that flights to the United Arab Emirates (UAE)…

Jun 30
Naira records mixed start in exchange markets

The Nigerian naira began the week with a slight gain against the US dollar in the…

Jun 30
Nigeria’ll borrow to buy 20% stake in Dangote refinery —NNPC boss

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC) Mele…

Jun 15
Nigeria spent N.9tn on debts servicing in three months – DMO

The cost of servicing Nigeria’s public debts has increased by 62.9 percent in the…

Jun 15
IMF urges Nigeria to increase company tax

The International Monetary Fund (IMF) on Monday urged Nigeria and other African…

Jun 15
Oil starts new week reaching new high at $73

Oil prices started the week hitting their highest levels in more than two years on the…

Jun 15
EFCC has recovered $20 million worth of cryptocurrency from fraudsters – Chairman

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC),…

Jun 08
Elon Musk crashes Bitcoin, Ethereum prices with breakup tweet

Elon Musk break-up tweet on Friday sent Bitcoin price crashing by 7 percent as…

Jun 08
One Dollar is now above N500

On Friday, two weeks after the Central Bank on Nigeria (CBN) devaluation, the Naira…

Jun 08
Twitter shutdown costing Nigeria N90.7m per hour

Every hour, the Federal government’s decision to prevent Nigerians from accessing…

Jun 08
CBN raises FOREX allocations to banks

With the parallel market exchange rate soaring, the Central Bank of Nigeria (CBN) has…

Jun 08
Ecobank parent company increases liability as it eyes new assets

Ecobank Transnational Incorporated liability is set to rise as the lender is looking…

Jun 08
Naira opens week negative at official window

The Nigerian Naira began the new week in the negative zone in the foreign currency…