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Iran banned the use of bitcoin and other cryptocurrencies by banks and financial institutions on Monday amid ongoing debate over how best to regulate the technology. “The...
Chinedu Moghalu, a Nigerian, has been appointed the Senior CommunicationsSpecialist / Head,Communications & Advocacy for the Africa Risk Capacity / United Nations World Food Programme,based in...
…$322m Abacha funds earmark for Social Safety Nets Nigeria’s Minister of Finance, Mrs. Kemi Adeosun and the Governor of Central Bank of Nigeria (CBN), Mr. Godwin...
The World Bank Group’s shareholders today endorsed an ambitious package of measures that include a $13 billion paid-in capital increase, a series of internal reforms, and...
The Nigerian Association of Women Entrepreneurs (NAWE), will be organising a three day National Women Entrepreneurs Summit and Exposition of products and services from women entrepreneurs,...
South African telecoms firm MTN has appointed Nigerian investment firm Chapel Hill Denham as lead manager for the initial public offering of its Nigerian business...
SystemSpecs, owners of Remita, the software infrastructure which facilitates payment into Nigeria’s Treasury Single Account (TSA), will fly the Nigerian flag alongside representatives of the Federal...
In its relentless move to guarantee liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has intervened in the Retail Secondary Market...
Price of petrol will be reviewed as soon as Petroleum Industry Governance Bill is passed to law. This is the view of Nigerian Association of Energy...
The Federal Operation Unit Zone B of Nigeria Customs Service said on Thursday it seized 1, 500 bags of smuggled rice and vegetable oil valued over...
The Nigeria Merchant Navy Officers and Water Transport Senior Staff Association have officially written to the Inspector General of Police, Mr. Ibrahim Idris, decrying the alleged...
The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for...
The local bourse rebounded today as the All Share Index (ASI) rose 25bps to close at 40,874.09 points following buying interest in DANGCEM (+1.4%) and OANDO (+6.1%); ex-DANGCEM,...
The Nigerian National Petroleum Corporation, NNPC, has said that its downstream subsidiary, NNPC Retail Limited, has introduced stricter measures to scrutinise and supervise the operations...
In continuation of its intervention in the inter-bank sector of the Foreign Exchange market, the Central Bank of Nigeria (CBN) has intervened with another sum of...