CBN Secures Court Order To Freeze Forex Trading Accounts

The Central Bank of Nigeria has secured an order from a Federal Court in Abuja to freeze accounts of foreign exchange investment companies for...

Air Peace Begins Direct Flights To Ibadan

An Air Peace passenger plane received a water salute for being the first plane from the Airline to land in the Ibadan Airport. In a...

CBN Halts The Sale Of Forex To Bureau De Change Businesses

The Central Bank of Nigeria (CBN) has stopped the sale of Foreign Exchange to Bureau De Change businesses with immediate effect. This decision was...

9-Year-Old Accused Of Burning Down Ebeano Supermarket In Abuja

A 9-year-old girl has been accused of burning down Ebeano Supermarket in Abuja. A video that surfaced online yesterday showed a young girl setting...

President Hassan Of Tanzania Embraces Cryptocurrency

The President of Tanzania, Samia Suhulu Hassan urged its apex Bank to prepare for cryptocurrency. In a national address, President Hassan acknowledged the significant use...

Twitter Suspension; AGF Malami Orders Prosecution Of Offenders

The Attorney General of the Federation, Abubakar Malami has urged the Federal government to prosecute those boycotting the Twitter suspension. In a statement released...

Twitter Suspension: Governor Seyi Makinde Urges FG To Reverse Decision

Oyo State governor, Seyi Makinde has urged the federal government to reverse its decision to suspend Twitter. Governor Makinde in a statement released via his...

Twitter Reacts To Suspension By Nigerian Government

Social media application, Twitter has responded to its indefinite suspension by the Nigerian Government. In an email response, Twitter’s Senior Policy Communications Manager for Europe,...

Fire Guts Ladipo Spare Parts Market

The Ladipo spare parts market in Mushin, Lagos was gutted by fire on Sunday morning. There have been no reports of casualties but million of...

CBN Adjusts Exchange Rate To ₦410.25 Per $1

The Central Bank of Nigeria has officially made the NAFEX Investor & Exporter forex window rate of N410.25 as its official exchange rate to...

Governor El-Rufai Declares NLC President Wanted

Kaduna state governor Nasir Ahmad El-Rufai has declared the Nigeria Labour Congress (NLC) President, Ayuba Wabba wanted for economic sabotage and attacks on public...

President Buhari Set To Leave For France Tomorrow

President Mohammadu Buhari is set to leave for Paris, France tomorrow, Sunday the 16th of May to attend the African Finance Summit. The summit...

CBN To Stop Providing Forex For Wheat And Sugar Importation.

Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that sugar and wheat will be added to the Forex restriction list in...

SEC In Talks With CBN To Better Regulate Crypto Market

The Securities and Exchange Commission, SEC is; according to its Director General, Lamido Yuguda, in discussion with the Central Bank of Nigeria to possibly...

FG Approves Registration Of New SIM Cards With Mandatory NIN

The Federal Government Of Nigeria, via the Federal Ministry of Communications and Digital Economy (FMCDE) has approved the registration of new SIM cards in...

Shoprite Closer To Finalising Exit Deal With Persianas Group

South African food retailer, Shoprite is steps closer to finalising its exit from Nigeria. The company; repotedly valued at approximately ₦30 billion, plans to...

FG Hints On Shutting Down Online Investment/Trading Platforms Making Foreign Stock...

The Securities and Exchange Commission (SEC) hints on shutting down online investment and trading platforms Capital Market Operators; such as Invest Bamboo and Trove...

MTN Reactivated On Banking Channels

Commercial banks have reactivated the MTN airtime purchasing feature across their banking channels following a 24 hour suspension. The telecoms giant in a statement, addressed...

SIM Card, NIN Consolidation: Court Orders NCC To Extend Deadline

A Federal High Court in Lagos state has ordered the Nigerian Communications Commission (NCC) to extend the deadline for sim...

Czech Billionaire, Peter Kellner Dies in Holicpter Crash

Peter Kellner who was the richest man in Czech Republic and Central Europe died in a helicopter crash while on a snowboarding trip in...