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Fed Govt Charges First Bank’s MD, 2 Lawyers, Others With Forgery
adminMarch 29, 2023
The Federal Government has filed a charge against First Bank of Nigeria (FBN), its Managing Director and three others for their alleged involvement in forgery. Also named in the charge,…Read More
Pence Must Testify to Jan. 6 Grand Jury, Judge Rules
adminMarch 29, 2023
A federal judge has ordered former Vice President Mike Pence to appear in front of a grand jury investigating former President Donald J. Trump’s attempts to overturn the 2020 election,…Read More
Senate Extends 2022 Budget Implementation To June 2023
adminMarch 29, 2023
The Senate has extended the implementation of the capital component of the 2022 budget from March 31 to June 30, 2023. The extension followed a request by President Muhammadu Buhari…Read More
NLC, TUC Shelve Proposed Strike Over Cash Scarcity
adminMarch 29, 2023
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have suspended their planned strike slated for Wednesday over the unavailability of naira notes. The two Labour bodies said…Read More
Bitcoin Slumps after CFTC Files Suit against Binance
adminMarch 28, 2023
Bitcoin Slumps after CFTC Files Suit against Binance Bitcoin (BTC) plunged below $27,000 after the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its founder Changpeng…Read More
Naira Declines US Dollar Demand Exceeds FX Supply
adminMarch 28, 2023
Naira Declines US Dollar Demand Exceeds FX Supply The Nigerian Naira depreciated against the United States dollar on Monday as demand for foreign currencies accelerated ahead of FX supply in…Read More
DMO Exceeds Borrowing Target by 58%, Raises N1.9trn
adminMarch 28, 2023
DMO Exceeds Borrowing Target by 58%, Raises N1.9trn In less than three months in the fiscal year 2023, Nigeria’s Debt Management Office (DMO) has raised N1.9 trillion for the government…Read More
MTN, Microsoft Hasten Africa’s Digital Transformation in Public Cloud
adminMarch 28, 2023
MTN, Microsoft Hasten Africa’s Digital Transformation in Public Cloud Following the signing of a five-year strategic partnership in September 2022, MTN and Microsoft are in the process of delivering a…Read More
Food: IMF Approves $80.77m Emergency Fund to Burkina Faso
adminMarch 28, 2023
Food: IMF Approves $80.77m Emergency Fund to Burkina Faso The Executive Board of the International Monetary Fund (IMF) approved today a disbursement of US$80.77 million or SDR60.2 million under the…Read More
U.S. to pressure Ghana’s Creditors, Kamala Harris Says
adminMarch 28, 2023
U.S. to pressure Ghana’s Creditors, Kamala Harris Says Kamala Harris was in Ghana on Monday, vowing that the U.S. will pressure the debt-laden country’s bilateral creditors – the biggest of…Read More
GCR Affirms Stanbic IBTC Asset Management Ratings
adminMarch 28, 2023
GCR Affirms Stanbic IBTC Asset Management Ratings GCR has affirmed Stanbic IBTC Asset Management ratings, with the company’s outlook accorded as stable, the emerging market ratings firm said in a…Read More
Selloffs in MTN, Airtel Drag NGX down by N622bn
adminMarch 28, 2023
Selloffs in MTN, Airtel Drag NGX down by N622bn The equities segment of the Nigeria Exchange (NGX) bleeds heavily on Monday, losing N622 billion over sustained profit taking on large…Read More