FG to Sanction Elon Musk’s Starlink Over Regulatory Breach

2024 Budget Outline: Oil Price Set at $77.96, Naira Stands at 750 Against the Dollar

The Nigerian Communications Commission (NCC) is reportedly poised to impose sanctions on Starlink, the satellite internet company owned by Elon ...

JP Morgan Projects Naira to Appreciate and Settle at N600/$.

Russian Court Seizes $440 Million from JPMorgan Amid Sanctions Conflict

by Stephen Akudike

April 25, 2024

0

In a legal showdown amid the ongoing U.S.-Russia sanctions conflict, a Russian court has ruled in favor of state-owned VTB ...

CBN Allows Oil Companies to Resume Dollar Sales to Banks in Effort to Boost Supply.

CBN Discovers Infractions by BDC’s in Forex Market, Vows Sanctions

by Victoria Attah

January 18, 2024

0

The Central Bank of Nigeria (CBN) has uncovered instances of infractions, gross abuses, and non-compliance with foreign exchange market regulations. ...

Russia Denies Responsibility for African Food Shortages.

by Victoria Attah

September 11, 2023

0

The Kremlin has reaffirmed Russia's role as a dependable grain supplier despite facing obstacles created by Western countries, asserting that ...

Key Takeaway from the CBN’s Newly Introduced Customer due Diligence Rules.

by Stephen Akudike

September 13, 2023

0

The Central Bank of Nigeria (CBN) has taken a significant step in its fight against financial crimes by introducing the ...

Sinking Ship: Nigeria’s Fuel Subsidies Finally Cut after Spending $74.39 Billion, Leaving Citizens in Panic.

by Rate Captain

May 31, 2023

0

The Nigeria Extractive Industries Transparency Initiative (NEITI) recently revealed that Nigeria has spent a staggering $74.39 billion on fuel subsidies ...

Tag: sanctions