Tag:
exchange
News
Court Rules Against Emefiele’s Objection in $2.1bn Foreign Exchange Scandal
Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), has lost his bid to dismiss the charges against him in the ongoing...
Tech
NCC Forces MTN to Disconnect Exchange Telecoms Over Unsettled Debt
In a bold move that could disrupt Nigeria’s telecom landscape, the Nigerian Communications Commission (NCC) has ordered MTN Nigeria to sever ties with Exchange...
News
Senate Leadership Says Akpabio, Bamidele Did Not Exchange Blows
The office of Senate Leader Opeyemi Bamidele has debunked reports of an alleged physical altercation between him and Senate President Godswill Akpabio at the...
Business
Nigeria Lost N10 Trillion to Fuel Subsidy, Exchange Rate in 2022 – World Bank
The World Bank has revealed that Nigeria lost a staggering N10 trillion in revenue in 2022 due to the fuel subsidy and multiple exchange...
Business
Naira Loses N89 Against Dollar as Exchange Rate Hits N1631.21
The Naira has experienced a significant drop in value against the U.S. dollar, losing N89.27 in just one week of trading. This marked a...
Tech
Binance Emerges First Exchange to Offer Pre-Market Trading for Tokens
In a groundbreaking move for the cryptocurrency market, Binance has launched a new feature called Binance Pre-Market. This innovative platform allows users to trade specific...
Business
Nigerian Exchange Reports ‘Significant’ N145bn Surge in Foreign Transactions
The Nigerian Exchange Limited (NGX) has reported a significant increase in foreign transactions for the first half of 2024, with a total of ₦540.48...