According to reports, the Nigerian currency (Naira) depreciated from N1,255 per dollar on Tuesday to N1,305 per dollar on Wednesday in the parallel market. The depreciation…
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Authorities in Egypt have approved the establishment of a special free zone and international tourist port in the Ras al-Hikma peninsula, west of Alexandria, a cabinet…
Branches of the United Bank for Africa (UBA) in Kaduna have on Wednesday been shut down by the Kaduna Internal Revenue Service (KADIRS) over an alleged…
The Minister of Aviation, Festus Keyamo has suspended Dana Airline operations following concerns surrounding the safety and financial viability of their operations. On Tuesday morning, one…
The Federal Airports Authority of Nigeria (FAAN) has announced to the public and all concerned parties that runway 18L/36R has been reopened for flight operations as…
Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, faces 36 months in jail after pleading guilty to breaking anti-money laundering rules, US authorities…
The Economic and Financial Crimes Commission (EFCC) is preparing to charge former Central Bank of Nigeria (CBN) Governor Godwin Emefiele with approving the production of N684.5…
The Federal Ministry of Finance has recovered more than N57 billion from the N5.2 trillion owing by ministries, departments, and agencies to the Federal Government. Aisha…
First Bank of Nigeria has announced the appointment of Olusegun Alebiosu as the new Acting Managing Director.Effective April 2024, Alebiosu will succeed Adesola Adeduntan, who resigned…
The Governor of the Central Bank of Nigeria, Olayemi Cardoso has clarified that the apex bank is not utilising the nation’s foreign reserves to strengthen the…