Finance

Nigeria takes legal action against Binance demanding $81.5b…

Nigeria has filed a lawsuit demanding $81.5 billion from Binance for the economic losses it claims were caused by the exchange's operations in the country. The lawsuit consists of $79.5...

N54.2 trillion budget: Peter Obi tasks government on transparency

Peter Obi, former presidential candidate and ex-Governor of Anambra State, raised concerns about the lack of transparency in...

Why Diezani denies ownership of repatriated $52.8m loot

Former Minister of Petroleum Resources, Diezani Alison-Madueke (DAM), has denied ownership of the $52.8 million recently repatriated to...

Auditors general recommend common auditing standards

Abakaliki, Nigeria - The Body of Federal and State Auditors General in Nigeria has advocated for a common...

Banks’ credits to private sector rise by 66% to…

Nigerian banks have created about N30 trillion in new loans and supports for the private sector in a...
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Nigeria takes legal action against Binance demanding $81.5b…

Nigeria has filed a lawsuit demanding $81.5 billion from Binance for the economic losses it claims were caused by the exchange's operations in the...

CBN did not authorise any bank to collect N500, N1000 old note

The Central Bank of Nigeria has debunked false media report that it authorised commercial banks to collect old N500, N1000 notes.

CBN Redesigns Naira, Begins Circulation Dec. 15

As means of checking serial abuse of the naira, the Central Bank of Nigeria (CBN) has concluded plans to redesign certain denominations of the currency.

Why UK agency approves naira for financing transactions

Britain’s export finance agency will add the naira to its list of “pre-approved currencies” for financing transactions.

Sterling bank commits N1 billion to Agro-innovators for ASA 2023

Sterling bank says it is commiting one billion naira to agro-innovators at the forthcoming Agric Summit Africa (ASA) holding in Nov. 8 in Lagos.

Naira exchanges at N461.50 to dollar

The Naira on Friday exchanged at N461.50 to the dollar at the Investors and Exporters window
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