The Central African Republic (CAR) adopts bitcoin as a legal currency
The Central African Republic (CAR) has adopted bitcoin as legal tender, becoming the second country in the world to make…
Federal Capital Territory Administration (FCTA) seals off the Ministry of Works, FCC, and other premises over debt
Federal Capital Territory Administration (FCTA) seals off the Federal Ministry of Works, Federal Character Commission, Merit House Maitama, and Murg…
UKRAINE CRISIS: Russian Ruble drops by 30% after its sanctions.
Russian ruble drops nearly 30 percent against the dollar on Monday after world powers imposed fresh, harsher sanctions on Moscow…
IMF warns that Nigeria’s eNaira could get compromised by fraudsters and used for money laundering and terrorism financing
The International Monetary Fund (IMF) warns Nigeria about the possible compromise of its central bank digital currency, the eNaira, and…
European Banks in fears over Russia-Ukraine crisis
European banks are concerned that the payment system which connects them to Russia could become a casualty of the Ukraine…
Banks to begin deduction of loans from chronic debtors’ accounts
The Deposit Money Banks are recovering debts owed by chronic debtors from their accounts in other banks to curb the…
ICPC chairman revealed 301 houses were recovered from two civil servants in Abuja
The Independent Corrupt Practices and other Related Offences Commission (ICPC), has disclosed that the Agency had successfully recovered 301 houses…
AFDB President, Akinwumi Adesina says “No business can survive in Nigeria without generators”
Akinwumi Adesina, President of the African Development Bank Group has lamented that a paucity of energy is negatively affecting the growth…
eNaira, The Central Bank Digital Currency (CBDC) to be unveiled today
President Muhammadu Buhari will unveil the eNaira, the Central Bank Digital Currency (CBDC) today, October 25, at the State House, Abuja.…
National Assembly objects to the allocation for lawmakers in the 2022 budget
The N134billion allocated to the National Assembly in the 2022 Appropriation bill has been faulted by the House of Representatives.…