The federal government’s cash transfer program, funded by an $800 million World Bank loan, has primarily benefited urban areas. News About Nigeria reports that over 2.5...
The chairman of FBN Holdings, Femi Otedola, has reclaimed his place as First Bank’s largest shareholder. News About Nigeria reports that the Nigerian billionaire achieved this...
Binance, the global cryptocurrency exchange, is facing battles on multiple fronts, with a hefty fine in India and serious allegations in Nigeria. News About Nigeria reports...
Guaranty Trust Bank (GTCO) has initiated legal proceedings against 60 top executives from 13 commercial banks over a N17 billion debt related to the Anchor Borrowers...
Nigeria’s headline inflation rate rose to 33.95% in May 2024, representing an increase of 0.26 percentage points from the 33.69% recorded in April, the National Bureau...
On Friday, the Securities and Exchange Commission (SEC) warned Nigerians against investing in the meme coin, which is allegedly owned by Nigerian singer David Adeleke, popularly...
On Thursday, the Nigeria Deposit Insurance Corporation (NDIC) announced the sale of the head office, other branches across the country, and assets of the recently closed-down...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of June 12th, 2024 stood at...
Guinness Nigeria has announced that Singaporean firm Tolaram has signed an agreement to acquire the 58.02% shareholding of United Kingdom-based Diageo in the company, News About...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has denied allegations of inflating subsidy claims by N3.3 trillion. This was disclosed in a statement available to...