IMF Queries Usage Of Cryptocurrencies, Says Some Of Them May Be Illegal
The International Monetary Fund (IMF) has raised eyebrow over the usage of cryptocurrencies, especially in Nigeria, a situation that had recently made the Central Bank...
Nigeria Bounces Back, Crawls Out Of Second Recession, NBS Confirms
Nigeria’s economy has crawled out of the second "more dangerous" recession in the fourth quarter of 2020 as restrictions to curb the spread of...
Okonjo-Iweala Clinches World Trade Organization’s Top Job: Buhari Jubilates
Nigeria’s former minister of finance, Dr. Ngozi Okonjo-Iweala has emerged finally as the Director-General of the World Trade Organisation (WTO), even as President Muhammadu...
Commission Plans $16.74 Billion Investment In 63 Projects In 21 States, FCT
The Nigerian Investment Promotion Commission (NIPC) has planned a $16.74 billion investment in 63 projects located in 21 states and the Federal Capital Territory...
First Bank Closes Accounts Relating To Cryptocurrency
First Bank Nigeria Plc has closed any account relating to Cryptocurrency in compliance with the directive by the Central Bank of Nigeria (CBN).
In a...
Osinbajo Heads Committee To Design N1 Trillion Nigeria’s Infrastructure Development
Vice President Yemi Osinbajo has been appointed by President Muhammadu Buhari to chair a steering committee for the establishment of Public-Private Partnership styled Infrastructure...
Expert Suggests More Trans-National Rail Lines In Nigeria
The Chief Executive Officer of African Railway Consortium ( AFRECO) , Mr. Olawale Rasheed has suggested more transnational railway lines in Nigeria for the...
NNPC Boss Rallies Stakeholders To Achieve $10 Per Barrel Production Cost
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has called on stakeholders in the oil and gas industry to join in working...
How N6.45 Billion Was Deducted As External Debt From 36 States In November
A total of N6.45 billion was deducted from the allocations of the 36 states as part of external debt deductions from the November 2020...
Court Dismisses Case Against CBN’s Directives On Bank Charges
The Federal High Court sitting in Abeokuta, Ogun State Capital, has dismissed a suit instituted by a legal practitioner, Olumide Babalola, challenging the Central...
