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...
First Bank and Lafarge offer reassurance of their commitment to supporting customers
First Bank Plc and Lafarge Africa have reaffirmed their unwavering commitment to continue providing support to their customers engaged in the distribution of Lafarge...
