MTN, Flour Mills, and other companies collectively reduce the NGX market capitalization by a total of 67 billion Naira
Bearish sentiments persisted on the Nigerian Exchange Limited as the market responded to the Supreme Court's ruling on the 2023 general elections cases, resulting...
The Naira continues its decline, plummeting to an exchange rate of 1,190 Naira per US dollar
The Nigerian naira continues its downward trajectory due to a growing scarcity of the US dollar.
On Friday, at the parallel market, the naira opened...
Address the forex backlog to strengthen naira confidence, advises Lemo to the CBN
A former Deputy Governor of the Central Bank of Nigeria, Dr. Tunde Lemo, has cautioned against allowing the Nigerian naira to float freely.
He expressed...
Court finds cryptocurrency trader guilty of fraudulent activities
In Ikoyi, Lagos, on Friday, October 6, 2023, a Federal High Court found Lawrence Success Karinate, a Peer-to-Peer cryptocurrency trader, guilty of computer-related fraud.
The...
Fuel imports have been halted by marketers, leading to gas stations running out of fuel, and long queues of customers have resurfaced
Seven oil marketers who had imported Premium Motor Spirit, commonly known as petrol, approximately a month ago, have ceased their imports, resulting in localized...
