What CBN’s Interest Rates Hikes Means for Nigerians
In a move to address the persistently high inflation rate and various economic challenges, the Central Bank of Nigeria (CBN)...
Breaking: CBN Raises Interest Rates to 18.5% in Response to Rising Inflation.
The CBN monetary policy committee has decided to raise its benchmark interest rate, known as the Monetary Policy Rate (MPR),...
Foreign Airlines in Nigeria Struggle with Trapped Funds, Threatening Operations and Market Viability.
Foreign airlines operating in Nigeria faced significant challenges in 2022 due to foreign exchange constraints, yet managed to generate approximately...
Sneaky Tactics Unveiled: MetaMask’s Tax Scheme Shocks Anarchists and Threatens Decentralization.
As the regulatory landscape tightens for digital currency and blockchain companies, recent developments have shed light on the issue of...
Allegations of Fund Commingling Rock Binance: What It Means for Customers
In the latest investigative report by Reuters, Binance, the world's largest digital asset exchange, is accused of routinely commingling customer...
Potential Protests and Economic Challenges Loom as Nigeria Prepares for Tinubu-Report.
Fitch Solutions, a global ratings and advisory agency, has warned of potential short-term protests in urban areas, including Lagos, Nigeria,...
Is the eNaira a waste of government resources?
The International Monetary Fund (IMF) recently released a report titled "Nigeria's eNaira, One Year After," revealing that 98.5% of eNaira...
CBN revocation of Microfinance Bank Licenses Sends Shockwaves Through Nigeria’s Economy. Here’s how it affects you.
Recently, the Central Bank of Nigeria (CBN) made a significant move by revoking the operating licenses of several microfinance banks,...
CBN Revokes 139 Microfinance and finance company Licenses
Central Bank of Nigeria (CBN) has revoked the operating licenses of several microfinance banks, finance companies, and primary mortgage banks...
Seplat Energy Extends Agreement with ExxonMobil for Proposed Cash Acquisition of Mobil Producing Nigeria Unlimited
Seplat Energy Plc has announced an extension of the Share Sale and Purchase Agreement ("SSPA") with Mobil Development Nigeria...
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