The global oil declined today as Brent crude prices plummeted below $83 per barrel, its lowest level since mid-March. This steep decline comes amidst a confluence...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 8th, 2024 stood at...
Binance CEO, Richard Teng, has made startling allegations against Nigerian officials, claiming they sought a $150 million bribe to resolve a legal dispute involving the cryptocurrency...
The Federal Government, through the Corporate Affairs Commission (CAC), has issued a stringent directive mandating Point of Sales (PoS) operators to register their agents, merchants, and...
Amidst growing concerns over the proliferation of illicit activities and market manipulation in Nigeria’s cryptocurrency space, the Securities and Exchange Commission (SEC) is gearing up to...
The Onne Multipurpose Terminal (OMT) recently played host to the largest container ship ever to conduct full operations at an eastern port. The container vessel, named...
In a bid to bolster cybersecurity measures within the financial sector, the Central Bank of Nigeria (CBN) has issued a directive mandating banks and financial institutions...
In a bid to secure a $750 million loan from the World Bank, Nigeria is considering the reintroduction of previously suspended telecom taxes and other fiscal...
In a significant development for the Democratic Republic of Congo (DRC), a newly revealed contract sheds light on a revamped minerals-for-infrastructure deal with China, signaling billions...
Israeli troops took control of the Rafah border-crossing area in Gaza on Tuesday morning, with Hamas saying all aid flows from Egypt had stopped. The army...