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...

CIBN inaugurates smart hub at NAU to empower aspiring bankers

The Chartered Institute of Bankers of Nigeria (CIBN), on Tuesday inaugurated a smart hub, named ‘CIBN Bankers Hall’, at Nnamdi Azikiwe University (NAU), Awka, to train and produce chartered bankers.

Developing Countries: UNCTAD Wants Actions To Curb Crypto Currencies

The UN Conference on Trade and Development (UNCTAD) has called for action to curb crypto currencies in developing nations.

Emefiele directs banks to receive old notes

At last the Central Bank of Nigeria (CBN) has made a U-turn, directing that commercial banks in Nigeria should stop rejecting N200, N500, and 1,000 old naira notes.

Osinbajo Counsels Central Banks On Adoption Of Blockchain Technology

Vice President Yemi Osinbajo says it has become urgent for central banks around the world to adopt blockchain technology.

Naira traded at N825 at black market, N795 at I&E window

The Nigerian currency, the naira, was traded at the average rate of N825 to the dollar at the parallel markets (black market) on Tuesday.
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