The House of Representatives Committee on Financial Crimes has recommended the arrest of the Chief Executive Officer of Binance Holding…
Browsing: ECONOMY
The Central Bank of Nigeria (CBN’s) N1.053 trillion ($680 million) in short-term instruments were successfully concluded with investors over subscribing…
The ongoing linkages of banks’ customers’ National Identification Numbers (NINs) to their Bank Verification Numbers (BVNs), may affect 85.51 million customers’ ability to make withdraws from their accounts by March 1, 2024.
The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureau De Change (BDC) operators.
The Nigerian government has imposed a $10 billion fine on a global cryptocurrency platform, Binance, which is at the center of a crypto crackdown in the country over ‘illegal transactions’.
A few days after the Office of the National Security Adviser arrested two officials of Binance, a cryptocurrency platform, the Nigerian government has beamed its searchlight on executives from other cryptocurrency platforms in the country.
Binance, the Special Adviser to the President Bola Tinubu on Information and Strategy, Bayo Onanuga has observed that a cryptocurrency platform, Binance could harm Nigeria’s economy if no action is taken to stop it.
ASHENEWS reports that the Katsina State Government has aligned with The Alternative Bank’s mission to support rural economies through innovative financial solutions, tailored to empower local businesses and stimulate sustainable development across the state.
Some Nigerian private sectors players, including Aliko Dangote, Femi Otedola, Tony Elumelu, Innocent Chukwuma (Innoson), Abdul Samad Rabiu (BUA), are among others appointed by President Bola Tinubu as economic advisers.
The Central Bank of Nigeria (CBN) has mandated foreign exchange sellers to Bureau De Change (BDC) of the equivalent of 10,000 dollars and above to declare their forex sources.