Air Peace funds still trapped in CBN – Onyema
The Chief Executive Officer of Air Peace Airlines, Allen Onyema, revealed that the airline’s funds are still held in the Central Bank…
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FTX CEO Bankman-Fried breaks silence after bagging 25-year jail term
The former crypto CEO, Sam Bankman-Fried, has expressed remorse for his actions that led to a 25-year prison sentence for fraud last…
Microsoft to separate Teams, Office programs globally amid antitrust probe
Microsoft on Monday, announced its decision to globally sell its chat and video app Teams separately from its Office product, six months…
FG installs CCTV, Solar lights on Third Mainland bridge for security
The Federal Government has taken steps to enhance security at the upcoming reopening of the Third Mainland Bridge in Lagos by installing…
NACCIMA to consult stakeholders over bank capitalisation
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has said it will consult with stakeholders and await the disclosure…
Naira gains 21.8% against dollar in March 2024
The Naira appreciated significantly against the United States dollar throughout March 2024, marking a major turnaround for Nigeria’s exchange rate policy. According…
NITDA alerts Nigerians of new QR codes fraud
The National Information Technology Development Agency has warned Nigerians to be wary of scanning QR codes as scammers are now using them…
SAHIF secures $38 million recapitalisation to boost expansion
The SA Housing and Infrastructure Fund, the largest black private investor in South Africa’s optical fiber industry, through one of its subsidiary,…
Phone giant AT&T resets passcodes after breach
Phone giant AT&T has taken action to reset millions of customer account passcodes following the discovery of a massive data dump containing…
Lagos tops list of states with most external debt
The Debt Management Office recently revealed that the total external debt stock of the 36 states and the Federal Capital Territory reached…
Microsoft, OpenAI partner for data center project
Microsoft and OpenAI are collaborating on a data center project, anticipated to require an investment of up to $100 billion. The project…
CBN drops exchange rate for import duties to N1303/$1
The Central Bank of Nigeria has reduced the exchange rate for customs import duties collection, marking the lowest level seen in eight…