Business
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Breaking: FG slams $10 billion fine on Binance
Nigerian authorities are reportedly slammed a fine of $10 billion on the global cryptocurrency exchange platform Binance, alleging the country…
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Binance will destroy our economy if not stopped – Presidential spokesman, Bayo Onanuga
Presidential spokesman, Bayo Onanuga has said that the cryptocurrency trading website, Binance, will destroy Nigeria’s economy if not checked. Appearing…
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Dollar may exchange for N4k before the year ends – Ozekhome
Lawyer and human rights activist, Mike Ozekhome (SAN), has said that the dollar may exchange at N4000 under the Tinubu-led…
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I’m not responsible for the woes we have today – CBN governor, Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said that he is not responsible for the…
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CBN raises interest rate to 22.75 per cent
Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has raised its benchmark interest rate, the Monetary Policy Rate MPR…
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CBN allocates $20,000 to each BDC to stabilize the Naira
In order to correct the distortions in the retail segment of Nigeria’s foreign exchange market, the Central Bank of Nigeria…
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Police arrest 9 suspected forex hawkers in Kano
The police in Kano State have arrested 9 suspected foreign exchange hawkers for illegal operation of Bureau De Change in…
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Minister allegedly fails to show up at Nigerian stall at Mining Summit in SA
A Nigerian is on X complaining how the Minister of Solid Minerals wasted the country’s resources by booking an…
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Naira devaluation wipes off $3 billion from Dangote’s wealth in one week
Africa’s richest man, Aliko Dangote, has lost about $3 billion in the last week following the devaluation of the nation’s…
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Herbert Wigwe: Helicopter was engulfed in fire before crash’ – US NTSB
The United States, US, National Transportation Safety Board, NTSB, has revealed that the helicopter that killed the co-founder of Access…
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Dollar will crash within a month – Governor Dapo Abiodun
Ogun State Governor, Dapo Abiodun, has said that the value of the dollar to naira will crash in less than…
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Naira slides to N1,900/$ at parallel market
The Nigerian naira, on Tuesday, dipped yet again and exchanged at the rate of N1,900 to the dollar at the…
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Tinubu names new AMCON CEO, three executive directors
President Bola Tinubu has announced the appointment of a new management team for the Asset Management Corporation of Nigeria (AMCON).…
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Dozens feared dead in 114ft illegal gold mine, 100 workers trapped in Venezuela
No fewer than 30 Venezuelans are feared dead after a 114ft illegal deep gold mine collapsed, trapping over 100 men…
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IMF predicts Naira will fall by 35% to N2,081/$1 this year
The International Monetary Fund (IMF) has said that the Naira will further depreciate by about 35 percent this year, adding…
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