Bitcoin recharges with optimism, aims for a $25K area
Bitcoin is up 7.7% over the past week, trading at $22.7K on Monday morning. Ethereum added less - only 4.1%...
Banks struggle to Meet CBN Deadline: Old Naira Notes Still Being Dispensed at ATMs
Eight days to the January 31 deadline set by the Central Bank of Nigeria to stop the old N1,000, N500,...
CBN launches cash swap programme across the nation.
The Central Bank of Nigeria has launched a cash swap programme in both urban and rural areas of the nation...
Fuel scarcity deepens 35 days to Nigeria’s general election.
Less than two months before the federal elections, Nigerians are becoming more concerned as the fuel shortage worsens. Since Monday,...
The CBN governor, Godwin Emefiele probed for terrorism financing.
Nigeria’s secret police (SSS) has probed the CBN governor for alleged financial crimes relating to the nation’s multibillion-dollar public lending...
Naira Crashes to N750/$ at the Parallel Market
The exchange rate between the naira and the US dollar at the parallel market depreciated on Friday, January 20, 2023,...
13 days to the expiration of old naira, scarcity of the new notes persists.
Thirteen days to the expiration of the old naira notes, and the new naira note is not fully in circulation....
Naira strengthens to N744/$1 at the parallel market
The exchange rate between the naira and the US dollar at the parallel market appreciated on Thursday, January 19, 2023,...
FAAC accuses NNPC of using lower FX rate for crude oil revenue
The Federation Account Allocation Committee (FAAC) has accused the Nigerian National Petroleum Company (NNPC) of using an exchange rate lower...
Bank branch fraud increased by 87.99% in the second quarter of 2022.
The amount lost to fraud in bank branches that were recorded in the second quarter has increased alarmingly. This information...
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