1.5 C
New York
Tuesday, March 19, 2024

AUTHOR NAME

Manny Akpan | Business & Economy Editor

311 POSTS
0 COMMENTS

Nigeria Imposes Staggering $10 Billion Fine on Binance over ‘Impact on Forex Crisis’

ABUJA, Nigeria - The Nigerian federal government has levied a staggering $10 billion fine against the cryptocurrency trading platform Binance, accusing it of exacerbating...

SO SAD: Access Holdings CEO Herbert Wigwe, Wife Die in Helicopter Crash in California

CALIFORNIA, USA - Herbert Wigwe, the Group Chief Executive Officer of Access Holdings Plc, has been confirmed dead following a helicopter crash in California,...

CBN Clears Entire Foreign Exchange Backlog for Foreign Airlines

ABUJA, Nigeria - The Central Bank of Nigeria, CBN, has achieved a significant milestone in its financial operations by completely settling the foreign exchange...

Despite North’s Displeasure, 1,500 Central Bank of Nigeria Staff Relocate to Lagos

ABUJA, Nigeria - In a significant move within Nigeria's financial sector, no fewer than 1,500 staff members of the Central Bank of Nigeria (CBN)...

Sam Bankman-Fried Adopts Mackerel as Currency in Prison, Pays for Haircut with Fish

NEW YORK, USA - Sam Bankman-Fried, the former crypto-billionaire and founder of FTX, has swiftly adapted to the economic landscape of New York's Metropolitan...

‘We Can’t Just Fix Nigeria’s Economic Woes’ – CBN Governor Cardoso Declares 

ABUJA, Nigeria - In a candid acknowledgement of the Central Bank of Nigeria's (CBN) limitations, Governor Yemi Cardoso has admitted the bank's inability to...

Dangote, Kaduna, BUA Refineries to Depend on Imported Crude as Oil Theft Continues

ABUJA, Nigeria - The Nigerian National Petroleum Company Limited, NNPCL, is poised to begin the importation of approximately 110,000 barrels of crude oil daily...

Dangote Industries Refutes Illegal FX Deal Allegations, Cites Malice from Bitter Rival BUA

LAGOS, Nigeria - Dangote Industries Limited, Africa's largest conglomerate, has vehemently denied allegations that it was involved in illicit foreign exchange transactions. The claims, which...

Nigeria Awaits Energy Independence: Oil Marketers Hold Off Imports in Anticipation of Local Refining

PORT HARCOURT, Nigeria - Nigerian oil marketers are suspending plans to import Premium Motor Spirit, PMS, commonly known as petrol, as they eagerly await...

Nigeria’s Central Bank Probes $1 Billion Currency Counterfeit Deal

ABUJA, Nigeria — The Central Bank of Nigeria, CBN, has initiated a probe into an alleged currency counterfeiting operation involving a sum of $1...

Latest news

- Advertisement -Top 20 Blogs Lifestyle