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...
The African Export-Import Bank (AFREXIM) finds itself in a financial conundrum as it attempts to fulfill its commitment to provide a $3 billion loan to the...
Zoom Video Communications Inc. is set to broaden its horizons with new offerings, including word processing capabilities and innovative meeting features. Zoom, the renowned video conferencing...