Central Bank of Nigeria warns Nigerians to stop converting naira to dollar
The Central Bank of Nigeria (CBN) has issued a stern warning to Nigerians converting Naira to the US dollar. According...
Twitter wins first battle in lawsuit with Musk after judge agrees to move the case forward on an expedited schedule
Elon Musk and Twitter’s legal teams Tuesday squared off in court for the first time. The Delaware Court of Chancery...
Outcry as Central Bank of Nigeria raises interest rate again
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday again raised the Monetary Policy Rate from 13...
Flights, banks services to face disruptions over ASUU strike
Flights and banking operations across the country could be disrupted in the coming days as unions in the aviation and...
NNPC fails promise and approves N179 per litre pump price
The Nigerian National Petroleum Company (NNPC) Limited has approved a new pump price after weeks of promises that it will...
IMF approves $235.6 million budget-support loan for Kenya
The Executive Board of the International Monetary Fund (IMF) has approved a $235.6 million loan disbursement to Kenya. Ikeanumba Africa...
MRS, Oando increases fuel price, as fuel scarcity hit NNPC
Oil marketers have increased the price of Premium Motor Spirit (PMS) against the warning of the Federal Government, as fuel...
What you should know about Anslem Oshionebo and Opeyemi Odeyale, the fintech founders jailed in the US for breaching anti-money laundering rules
The businessmen were accused of failing to maintain adequate anti-money laundering controls on their fintech platform. The failure allowed some...
Top 10 African countries with the highest number of millionaires in 2022
South African citizens have the greatest combined wealth at $651 billion, followed by Egypt ($307 billion) and Nigeria ($228 billion)....
Investors selling off investments in oil futures over recession fears
Hedge fund managers are selling off oil futures amid fear that projected recession could cause demand for the commodity to...