The United States’ Department of State has acknowledged reports regarding the detention of one of its citizens in Abuja, Nigeria’s capital. Tigran Gambaryan, an executive at…
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The Central Bank of Nigeria (CBN) boosted interest rates by 200 basis points on Tuesday, from 22.75 percent to 24.75 percent, amid rising inflation. The central…
MTN has hinted at a possible exit from Guinea-Bissau, Guinea-Conakry, and Liberia, citing several obstacles in the West and Central Africa region. Inflation and currency devaluation…
Nigerian Government charged cryptocurrency exchange operator Binance with four counts of tax evasion on Monday and said they were collaborating with Interpol to apprehend a business official…
As the naira progressively improves against the dollar following months of unanticipated uncertainties, the Central Bank of Nigeria (CBN) announced on Monday the sale of $10,000…
Amid mounting scrutiny following a string of safety incidents and manufacturing challenges, Boeing announced on Monday that CEO Dave Calhoun would be stepping down from his…
By December 31, 2023, the 36 states and the Federal Capital Territory (FCT) had a combined amount of N5.862 trillion in domestic debt, according to data…
Since the establishment of the Central Bank of Nigeria’s N10.3 trillion intervention funds, the Nigerian healthcare sector has received only N141.64 billion, accounting for a meagre…
A document from the apex bank reveals that thirty-one state governments owe the Central Bank of Nigeria, or CBN, a total of N339.9 billion obtained to pay…
Glencore, a global miner, has announced that board member Peter Coates would retire on May 29, following a 30-year tenure with the company. He joined the…