Nigerians warned on new loan fraud
A criminologist, Dr. Oludayo Tade, has alerted Nigerians on a new loan recovery scam. The criminologist, a lecturer at the University of Ibadan, says the scam is being us...
Read more
Cryptocurrency ban: SEC to bar admittance of persons affected by CBN directive
The Securities and Exchange Commission (SEC) says it will put on hold the admittance into its Regulatory Incubation Framework for Fintech firms all persons affected by th...
Read more
CBN cites money laundering, terrorism, others for ban of cryptocurrency
The Central Bank of Nigeria (CBN) has come out to explain its reasons for prohibiting trading in cryptocurrency; noting that the digital currency has become a haven for m...
Read more
Cryptocurrency ban: Does Emefiele know what he is doing? – Seye Olaniyonu
A few days ago, the Central Bank of Nigeria (CBN) under the leadership of Godwin Emefiele announced the prohibition of cryptocurrency. The move has triggered huge reactio...
Read more
Oil prices drop as new coronavirus strain fuels demand concerns
On Monday, Oil prices dropped about three per cent as a fast-spreading new coronavirus strain that has shut down much of the United Kingdom; fueled worries over a...
Read more
Bitcoin finally crosses the $20,000 milestone
Data from CoinMarketCap shows that bitcoin has finally passed $20,000; and is sitting at around $20,600 at the time of writing. The crypto had been lingering around the $...
Read more
Boris Johnson to travel to Brussels for last-ditch Brexit trade talks
Boris Johnson heads to Brussels today to try to reach a breakthrough on a post-Brexit trade deal over dinner; with European Commission president Ursula von der Ley...
Read more
Naira falls on black market after forex ban for food imports
Forex Ban: Naira depreciated by 1.09% to N460 on the parallel market on Monday, days after President Muhammadu Buhari ordered the Central Bank of Nigeria (CBN) to halt do...
Read more
Digital Currency Group acquires crypto exchange, Luno
One of the leading blockchain companies, Digital Currency Group, or DCG, has recently acquired the British based crypto exchange, Luno. DCG had initially bought a stake i...
Read more
Zenith Bank blows past Access Bank as customer deposits cross N4 trillion
Zenith Bank Nigeria Plc is now the second-largest bank in Nigeria by customer deposits crossing N4 trillion for the first time. The bank is next only to First Bank Ltd wh...
Read more
