Constitution Amendment: First Draft Expected by August 2024, Says Kalu

Benjamin Kalu, the Deputy Speaker of the House of Representatives, announced on Thursday that the initial draft report of the ongoing review of the...

NDIC Reimburses Depositors of 179 Liquidated Banks

The Nigeria Deposit Insurance Corporation (NDIC) has announced the successful reimbursement of depositors affected by the closure of 179 microfinance banks and four mortgage...

Only Five Banks Have Outstanding FX Debt- CBN

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, provided updates on the status of foreign exchange (FX) backlogs owed by banks during...

FG Investigating Binance Operations- NSA

The Office of the National Security Adviser has confirmed that the Federal Government is actively investigating the operations of Binance, a cryptocurrency exchange company....

House of Representatives to Investigate CBN and DisCos Over Mass Metering Funds

The House of Representatives has taken a significant step by resolving to probe into the funds allocated to licensed electricity Distribution Companies (DisCos) for...

Dollar To Naira Exchange Rate For 1st Mar 2024

How much is naira to dollar exchange rate today? The exchange rate between the Naira and the US dollar according to the data released on the FMDQ Security Exchange the official...

Paul Pogba Banned From Football For Doping

According to reports from Italian media, Paul Pogba, a player for Juventus, has been suspended from football for four years after failing a drug...

T-Bills Yield Increases By 20bps As Investors Take Profit

According to dealers' separate market updates, selloffs in treasury bills instruments caused a yield spike in the secondary market of 20 basis points. Yesterday,...

Cyber Attacks: Is Nigeria’s Banking Sector Prepared For The Big One?

Lagos, the heart of Nigeria, thrumming with the energy of a tech and finance revolution, seems invincible on the surface. Glittering skyscrapers pierce the...

Nigerian Drug Prices Set To Crash, Gets $1bn From AfreximBank

An executive order to lower the rising cost of medications in Nigeria will be signed by President Bola Tinubu. At the Ministerial Press Briefing...

NGX Falls By N720bn As Investors Sell Banks Shares

Due to sharp selloffs in financial services companies, the Nigerian Exchange's (NGX) equity market capitalization fell even further during the middle of the week....

FG Allegedly Detains Two Binance Executives

Reports have emerged indicating that the Federal Government of Nigeria has detained two senior executives of Binance, a cryptocurrency exchange company. According to a...

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