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Following the expiration of a temporary suspension by the Central Bank of Nigeria (CBN), banks and other financial institutions in Nigeria have resumed the collection of charges on large deposits…
Ray Youssef, CEO of the prominent Nigerian cryptocurrency platform NoOnes, disclosed in an interview with Techpoint Africa that peer-to-peer (P2P) trading in Nigeria has reached staggering figures, potentially around $500…
Edutams, a school management solution provider, has announced a generous N25 million grant aimed at supporting tech startups interested in developing innovative solutions across Ogun State. Ademola Adenubi, the founder…
The Economic and Financial Crimes Commission (EFCC) has taken action against 300 unauthorized forex accounts operating on a peer-to-peer platform. EFCC Chairman Ola Olukoyede disclosed that these accounts were suspended…
NNPC Ltd and its Joint Venture partner, First Exploration and Petroleum Development Company Limited (First E&P), have initiated oil production from the Madu field, situated in shallow waters off the…
Vice-President Kashim Shettima expressed confidence in the Naira’s performance in the forex market, predicting its continued appreciation against the dollar amidst its decline. He credited President Bola Tinubu for ending…
The Federal Competition and Consumer Protection Commission (FCCPC) has revealed its findings from an extensive investigation into the factors contributing to the consistent rise in consumer prices. During a briefing…
During the recent International Monetary Fund/World Bank Spring Meetings in Washington D.C., the IMF released its Global Economic Outlook, providing insights into Nigeria’s economic trajectory. Highlighting Nigeria’s economic reforms, including…
Former Kaduna State Governor, Nasiru el-Rufai, asserted yesterday that the Federal Government has been subsidizing petrol, also known as Premium Motor Spirit (PMS), in trillions of naira since its inception.…
On Friday, the Naira witnessed a significant surge in value against the dollar at the official market, reaching N1,142.38 per dollar. Data from the FMDQ Exchange, which oversees the Nigerian…