Category: featured

Naira ranked world’s worst-performing currency in 2024

The naira has emerged as the world’s worst-performing currency in the first half of 2024....

FG inaugurates taskforce to combat illegal charter operations

The Federal Government on Thursday in Abuja, inaugurated a Ministerial Task Force to address illegal...

FG initiates NIN data leak probe

The Federal Government has initiated an investigation into the alleged unauthorized selling of National Identification...

Kenya shuts down internet amid violent protests over finance bill

Yesterday, June 25, protests against Kenya’s Finance Bill 2024 turned violent, with reports of internet...

BDC operators struggle with new CBN rules, call for clarification

The Bureau De Change operators in the country have yet to comply with the new...

All SIM cards used in Nigeria are locally produced – NCC

The Nigerian Communications Commission has said that 100 per cent of SIM cards in the...

Nigeria loses N636bn in oil revenue as production declines

Nigeria’s monthly oil outputs have been consistently low since January 2024, resulting in a revenue...

FG begins N2.7tn subsidy debt probe

The federal government has commenced the scheduled audit of the N2.7 trillion gasoline subsidy claim...

Binance fined $2.25m for money laundering in India

The Financial Intelligence Unit of India has fined Binance, the largest cryptocurrency exchange in the...

Modular refiners, Afreximbank in discussion over $18bn loan

Investors in modular refineries have begun discussions with the African Export-Import Bank to gain access...

FG cracks down on owners of illegally imported private jet

The Federal Government through the Nigerian Customs Service has initiated a new initiative to crack...

GTBank drags 60 senior bank executives to court

Guaranty Trust Bank has brought no less than 60 senior executives of 13 commercial banks...