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Flutterwave Appoints Renowned Architect Olajumoke Adenowo to Global Board

Flutterwave, Africa’s leading startup, appoints Nigerian architect Olajumoke Adenowo to its global board of directors, signalling its commitment to international expansion. As Flutterwave’s...

BusinessFinance

Olufemi Bakre, Managing Director of Parallex Bank, Named Banker of the Year 2023

Olufemi Bakre, Managing Director of Parallex Bank, was named Banker of the Year 2023 by The Sun Newspapers at an award ceremony in...

CBN Lifts Ban on BDC Operators
FinanceNews

CBN Seeks Inputs from BDC Stakeholders Over Revised Guidelines

Nigeria’s Central Bank, CBN, requests inputs or comments from Bureau De Change (BDC) stakeholders over its revised Regulatory and Supervisory Guidelines. On Friday,...

Inflation
FinanceNews

Inflation: That’s the price for today – Market traders

“I can say that things were normal during Jonathan’s administration. If you had N2 million, you’d be good to start a business, but...

Senator Ned Nwoko
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...

Raiding BDCs
FinanceNews

This doesn’t happen in other countries, raiding markets and all- Bismarck Rewane

Speaking on the ongoing crackdown on Bureau de Change (BDC) operators by law enforcement agencies in a bid to stabilize the falling Naira,...

Binance Blocks Nigerians Access to its Website
FinanceNewsPolitics

Binance Blocks Nigerians Access to its Website

Binance, the world’s leading cryptocurrency exchange, has confirmed blocking its website and other cryptocurrency platforms to Nigerian users. This was disclosed on Thursday...

FinanceNews

Naira Approaches N2000-$1 Despite EFCC Crackdown On Currency Exchange Black Markets

In a bid to address the worsening scarcity of the dollar and stem the depreciation of the Nigerian Naira, the Economic and Financial...

Crypto Ban
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...

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...

EFCC Raids, Arrests BDC Operators Across States Over Foreign Exchange Hikes
FinanceNews

EFCC Raids BDC Operators Across States Over Forex Hikes

Following the arrest reports of Bureau De Change (BDC) operators by the Economic and Financial Crimes Commission (EFCC) at the Wuse Zone 4,...