Category: featured

Musk AI startup xAI raises $6b, now valued at $24b

Elon Musk’s AI startup, xAI, has raised $6 billion in a Series B funding round,...

FX demand drops by $9bn I. 12 months – CBN

Data from the Central Bank of Nigeria shows that demand for foreign exchange fell by...

FG to start home delivery of passports in June

The Federal Government assured that in June, the home delivery of passports would start making...

TotalEnergies announces $600m investment in Congo, sidelines Nigeria

French oil major TotalEnergies has announced a $600 million investment deal in the Republic of...

NSIB mandates NCAA to review Dana Air’s operating procedures

The Nigeria Safety Investigation Bureau has mandated the Nigeria Civil Aviation Authority to review the...

How to apply for student loan

The long-awaited student loan programme has commenced on Friday, benefiting 1.2 million students in federal...

Detained Binance executive Tigran Gambaryan collapses in court

In a dramatic moment at the Federal High Court in Abuja, detained Binance executive Tigran...

BDC operators reject amended CBN licensing guidelines

Foreign exchange dealers under the umbrella of the Bureau de Change Operators of Nigeria have...

CBN amends guidelines for BDC operators

The Central Bank of Nigeria has revised its regulatory guidelines for Bureau De Change operators...

Court adjourns Binance, executives’ tax evasion case to June 14

The Federal High Court has postponed a tax evasion case against Binance to June, as...

Private sector laments loan repayment as interest rate hits 26.26%

Onwubuke Melvin   The latest hike in the country’s benchmark interest rate by the Monetary...

BREAKING: CBN raises interest rate to 26.25%

The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest...