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The price of Bitcoin, the world’s most popular cryptocurrency, has witnessed a significant fall after Tesla CEO, Elon Musk, tweeted on Thursday that the electric vehicle maker would suspend car purchases using Bitcoin.
Israeli troops massed at Gaza’s border on Thursday and Palestinian militants pounded Israel with rockets in intense hostilities that have caused international concern and touched off clashes between Jews and Arabs in Israel.
It’s the first in sub-Saharan Africa and one of the three such cutting-edge facilities on the continent, with top prime global certifications for smart card manufacturing and it is based in Lagos, Vice President Yemi Osinbajo, SAN, relished yesterday afternoon while touring SecureID company’s premises, and affirmed Nigeria’s extremely bright economic future, which he said cannot be aborted despite current challenges.
Nigerian banks have reduced the amount of United States dollars customers can pay into their domiciliary accounts from the previous $10,000 to $5,000 monthly.
The Federal Government has appointed Dr Abdulkarim Obaje, as the National Coordinator, Federal CARES Support Unit, Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES).
Tyson Fury’s promoter, Frank Warrren, has explained why the Gypsy King is yet to sign off the final arrangements of his fight with Anthony Joshua.
The share of United States dollar reserves held by central banks across the world fell to 59 per cent—its lowest level in 25 years, during the fourth quarter of 2020.
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday, said the central bank had disbursed over N83.9 billion to pharmaceutical and healthcare practitioners in the country since the outbreak of the COVID-19 pandemic in the country.
Edo state government will spend over N3 billion to implement the Covid-19 Action Recovery and Economic Stimulus Programme.
The efforts by the private sector Coalition Against Covid-19 led to the provision of N25bn relief materials to affected households, the Central Bank Governor, Godwin Emefiele, has said.
Gov. Okezie Ikpeazu of Abia on Friday began the distribution of business name certificates to Small and Medium-Scale Enterprises (SMEs) to boost wealth creation and development in the state.
New revelations have emerged that JPMorgan Chase & Co was warned by its compliance team over the “great risk” of corruption just days before it made the last of three transfers that totaled $875 million to a former Nigerian oil minister, Dan Etete.
Two Nigerian lenders – Zenith Bank Plc and Access Bank Plc – are among the list of financial institutions from Africa and the Middle East that have indicated an interest in the acquisition of Union Bank Plc and other African assets of Atlas Mara Group, a Pan-African banking group.
The Lagos Commodities and Futures Exchange (LCFE) has concluded plans to admit Dukia Gold‘s diversified financial instruments, backed by gold as the underlying asset in a sector worth over N300 trillion.
Following the completion of all regulatory procedures, Grobank Limited has been officially renamed Access Bank South Africa Limited. The deal was finalised after Access Bank’s acquisition of controlling shares in the former Grobank Limited, South Africa.
The Central Bank of Nigeria (CBN) has expressed worry over the show of indifference by those in the South-east in accessing several credit facilities made available by the apex bank.
India's coronavirus deaths rose by a record 3,780 during the last 24 hours, a day after it became the second country to cross the grim milestone of 20 million infections after the United states.
Myanmar's ambassador to the United Nations told the U.S. Congress on Tuesday that Washington should target the state-run Myanmar oil and gas company and a state-owned bank with sanctions.
As a part effort to support and grow revenue of the power sector, the Central Bank of Nigeria, CBN, last week disclosed that it has disbursed about N3.6 billion for procurement of pre-paid meters to stabilise the billing system in electricity consumption in Nigeria as part of its N120.2 billion investments in distribution companies, DisCos, for infrastructure capital expenditure.
The suspended Managing Director of Nigerian Port Authority, Hadiza Bala Usman on Thursday said that truth will always triumph.
Governor Samuel Ortom of Benue State on Thursday said any Nigerian opposed to the Southern Governors’ decision banning open grazing of cattle has a hidden agenda.
Commissioner of police in Cross River State, Sikiru Kayode Akande, has raised the alarm that intelligence sources have confirmed massive infiltration of strange characters and suspected criminals.
The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami, SAN, on Thursday, said the Federal Government would prosecute 400 suspected Boko Haram financiers.
Nigeria’s renowned musicians, Innocent ‘2Baba’ Idibia and Chike, ‘boo of the booless’ crooner, are to perform at the launch of the Nigerian Exchange Group (NGX Group) Plc’s campaign.
The Minority Caucus in the House of Representatives has called for the involvement of the Economic and other Financial Crimes Commission (EFCC) in the investigation of Nigerian Ports Authority (NPA)’s alleged N165bn non-remittance and other allegations.
Jose Mourinho’s appointment as AS Roma coach has been commemorated in true Italian style – with his own flavour of ice cream.
The Coalition of Northern Groups, CNG, has faulted the recent statement by the government of President Muhammadu Buhari that points to a planned incitement to mutiny, describing it as unhelpful, and doubtful fabrication of a coup story.
All Progressives Congress chieftain, Bola Tinubu, has urged Nigerians to put politics aside and pray for President Muhammadu Buhari for strength and wisdom to protect the nation.
A senior lawyer and rights activist, Mr Femi Falana, SAN, has urged African leaders to increase investment in the area of public health so as to better tackle current and future health challenges in the continent.