By Kayode Tokede …as Senate invites Emefiele, Yuguda, over Cryptocurrency ban Investigations have revealed that Nigerians linked with cryptocurrency trading have allegedly had their bank accounts closed by their respective banks. This is in lieu of Nigeria’s apex bank directive…
Naira at the Investors & Exporters Foreign Exchange (I & E FX) market appreciated by 0.25 per cent to close at N400 against the dollar on Wednesday. Against the currencies, the naira closed up by 0.17per cent and 0.31 per…
The Senate on Wednesday confirmed the nominations of Mr. Ahmed Lawan Kuru; and Bello Hassan as Managing Directors of the Asset Management Corporation of Nigerian; and Nigeria Deposit Insurance Corporation, respectively. The confirmation of both nominees followed consideration of two…
The Central Bank of Nigeria (CBN) has disclosed that total remittances from Diaspora dropped by 71.2 per cent to $5.5billion in 2020 to undermined the effect of global COVID-19 lockdown. The international payments data of the apex bank revealed that…
The Federal High Court, Abuja, on Wednesday, ordered the Central Bank of Nigeria (CBN) to unfreeze the bank accounts of the 20 #EndSARS promoters. Justice Ahmed Mohammed gave the ruling following the agreement reached by parties in the suit to…
By Kayode Tokede Naira at the Investors & Exporters Foreign exchange ( I & E FX) market on Tuesday depreciated by 0.63 per cent to close at N401 against the dollar. Our correspondent gathered that naira at the I &…
In furtherance of the need to promote the business activities of its foremost agent banking platform – Firstmonie Agents – Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced the provision of loan facilities – up…
No fewer than 12 members of National Youth Service Corps, NYSC who took part in Unity Bank’s flagship business plan competition, Corpreneurship Challenge, have won cash prizes totalling N4 million. The winners emerged during the final business pitch in the…
By Joshua Elekwachi, Abuja A financial expert, Salisu Na’inna Dambatta has said Nigeria’s drive of becoming a part of the 20 biggest economies in the world is gradually becoming a reality. In a chat with Nigerian NewsDirect, he explained that…
By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange (I & E FX) market depreciated by 0.59 per cent to N398.50 against the dollar on Monday. Also, the naira closed up by 0.08 per cent against the euro…
