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BusinessNews
Fire Razes 50 Shops in Kano Market, Destroys Property Worth N150m
A fire that broke out at midnight has resulted in the destruction of more than 50 shops and property valued at N150 million...
Human RightsNews
Court Sets March 19 for Ruling on Nnamdi Kanu’s Bail Request
The Federal High Court in Abuja has scheduled March 19, 2024, as the date for ruling on the fresh bail application filed by...
NewsWorld
Pakistan: Muslim Woman Almost Lynched for Wearing Dress with Arabic Inscriptions
An angry mob in Lahore, Pakistan, almost lynched a woman for wearing a dress adorned with Arabic calligraphy. The dress, bearing the word...
BusinessNews
Just In: Heeding Peter Obi’s Advice, CBN Directs Customs to Base Import Duty on ‘Form M’ Date Exchange Rate
The Central Bank of Nigeria has directed the Nigerian Customs Service (NCS) to use the foreign exchange (FX) closing rate on the day...
FinanceNews
Pay Expatriates in Naira, Completely Ban Dollars – Ned Nwoko advises FG
Nigerian Senator and entrepreneur, Ned Nwoko, has strongly proposed a ban on the use of dollars. During a Senate plenary session in Abuja...
BusinessNews
Huge Geometric Plant Set to Give Aba, 9 LGAs in Abia 24/7 Power from Monday
A 188-megawatt Geometric Power Plant will be commissioned in Abia on February 26, 2024, to boost the region’s power generation. The commissioning of...
BusinessNews
IMF Predicts Zero Growth Rate for Nigeria, Warns Naira May Depreciate Further by 35% in 2024
The International Monetary Fund (IMF) has predicted a further 35% depreciation of the Nigerian Naira in 2024, owing to the country’s production challenges....
BusinessFinanceNews
Just in: FG Allegedly Restricts Crypto Exchange Platforms in Nigeria
The Federal Government of Nigeria have allegedly banned cryptocurrency platforms, including Binance, OctaFX, Coinbase, and others, to revive the naira and tackle currency...
BusinessFinanceNews
FX Crisis: Tinubu’s SA recommends ban on Crypto, Binance and Others
Bayo Onanuga, Special Adviser on Information and Strategy to President Tinubu, has recommended a ban on all cryptocurrency exchange platforms. He said this...
BusinessNews
Binance Adjusts Peg to ₦1892/$, Denies Allegations of Conniving with Govt.
Binance has countered allegations of succumbing to the Nigerian government’s foreign exchange control desires. On the evening of Wednesday, February 21, 2024, the...
BusinessFinanceNews
Nigerian Govt. Allegedly Pressured Binance to Restrict P2P Dollar Trading
Binance, the world’s largest cryptocurrency trading platform, on Tuesday, restricted Nigerians from freely engaging in dollar-naira trade on its peer-to-peer (P2P) platform due...
BusinessNews
Nassarawa police raid kidnappers’ den, arrest 109 illegal miners
The Nasarawa State Police Command has apprehended at least 109 individuals suspected of illegally mining within the Nasarawa Eggon Local Government Area. In...