The Nigerian Exchange Limited witnessed a turbulent shift in fortunes on Wednesday, erasing the previous day’s gains and recording a substantial loss of N158 billion. This...
Wema Bank, along with its digital banking pioneer, ALAT, has joined forces with Africa’s leading travel technology company, Wakanow. The partnership promises to seamlessly integrate digital...
In a concerning trend, state governments in Nigeria have resorted to borrowing approximately N46.17 billion from commercial banks to meet their salary obligations in the first...
Bitcoin (BTC) displayed resilience and a glimmer of bullish momentum as it edged higher by 1.3% over the past 24 hours. The world’s largest cryptocurrency, with...
OPay, one of Nigeria’s leading digital payment platforms, has issued a statement addressing resurfaced fraud allegations that emerged on various social media platforms. The alleged fraudulent...
Fitch Ratings Inc. has highlighted a growing divergence between the official and parallel market exchange rates of the Nigerian naira, signaling potential challenges in stabilizing the...
A special Court Martial convened by the Nigerian Army has delivered a verdict of guilt in 14 out of 18 counts against Major General Umar Muazu...
Former Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, has been implicated in a high-profile bribery case alongside former Minister of Petroleum Resources, Diezani Alison-Madueke....
Japan’s picturesque Izu Islands were shaken by a magnitude 6.1 earthquake, as reported by the US Geological Survey. The seismic event, which struck at approximately 3:30...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of October 5th, 2023, the dollar...