Osinbajo Calls For Action On Poorly Implemented Policies And Projects
News Business

CBN Backs Govt. Decision To Sell National Assets

The Central Bank of Nigeria (CBN) has thrown its weight behind the federal government’s decision to sell its least valued assets and use funds from

Osinbajo Calls For Action On Poorly Implemented Policies And Projects
News Business

Osinbajo Calls For Regulation Of Cryptocurrencies As Against Outright Ban

Vice President Yemi Osinbajo has frowned at the recent ban on cryptocurrency transactions while calling for the regulation of digital currencies as against outright prohibition.

IMF Backs CBN On Cryptocurrency Ban
Business

IMF Backs CBN On Cryptocurrency Ban

The International Monetary Fund (IMF) has backed the recent directive of the Central Bank of Nigeria (CBN) to financial institutions to ban transactions with cryptocurrency.

Food Blockade Of South By North—Not In Nigeria’s Best Interest
Business

Food Prices Soar As Nigeria’s Inflation Rate Hit 16.47%

Nigeria’s inflation rate has to 16.47% (year-on-year) in January 2021 as against 15.75% recorded in December 2020. This was contained in the latest report released

Senate begins Investigative Hearing On 5G Technology
Business

Senate Summons CBN, SEC Over Ban On Cryptocurrencies

The Senate has summoned the Governor of Central Bank, Godwin Emefiele, and Securities Exchange Commission for an explanation for the recent ban on Cryptocurrency operations

CBN Justifies Ban On Cryptocurrencies
News Business

CBN Clarifies Ban On Cryptocurrencies, Cites Volatility, Stability Of Bitcoin

The Central Bank of Nigeria (CBN) has clarified controversies trailing its latest directive to Deposit Money Banks (DMBs) to desist from transacting in cryptocurrencies. The

Okonjo-Iweala Resumes Work As WTO Director-General
News Business

WTO: US Finally Support Okonjo Iweala As DG

The United States has announced it’s support for Nigeria’s candidate for the top job at the World Trade Organisation, Ngozi Okonjo-Iweala. The US, under the

IMF Backs CBN On Cryptocurrency Ban
News Business

CBN Move Against Cryptocurrencies, Direct Banks To Close Account Of Bitcoin Traders Immediately

The Central Bank of Nigeria (CBN) has directed commercial banks and all non-banking financial institutions to desist from dealing in cryptocurrencies and other related transactions.

Encomiums Trail Okonjo-Iweala's Appointment As WTO Director-General
Business News

WTO: Okonjo Iweala Edges Closer To Top Job As Main Opponent Withdraws

Nigeria’s candidate for the position of Director-General at the World Trade Organization (WTO) is a step closer to clinching the top position as her main

Jeff Bezos To Step Down As Amazon CEO
Business News

Jeff Bezos To Step Down As Amazon CEO

Amazon.com Inc has announced that longtime CEO Jeff Bezos will step down from his post later this year, transitioning to executive chairman of the world’s