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On Monday, officers attached to the Ogun State police command arrested Wale Adedayo, the impeached chairman of Ijebu East Local Government Area in the state. Kafayat Adedayo, the former council…
Fatimah Aminu (not real name), an Abuja-based entrepreneur, has detailed how Zenith Bank failed to refund her N50,000 after the sum was debited from her account. Aminu told FIJ that…
A group of Federal Road Safety Corps (FRSC) officials have physically assaulted a resident for filming them while damaging the windscreen of a tricycle in Delta State. The resident, who…
GCR Upgrades Lafarge Africa Rating to AA+ With Stable Outlook GCR Ratings has upgraded Lafarge Africa Plc’s national scale long-term issuer rating to AA+ (NG) from AA (NG) previously, according…
Bitcoin, Other Crypto Assets Slump on Retail Selloffs Bitcoin price slowed down by $225.28 or 0.85% to $26,294.47 due to retail selloffs across the cryptocurrency exchange. The largest digital asset…
AfDB, Google Collaborate on Digital Transformation in Africa The African Development Bank (AfDB) and Google have formalized cooperation aimed at advancing digital transformation in Africa. The parties signed a Letter…
Naira Sinks over Unresolved FX Supply Pressures The Nigerian local currency, the naira, is suffering from multiple FX market-related depression that has reduced its purchasing power significantly since the beginning…
Equities Investors’ Wealth Drops By N242bn as NGX Slides NGX: Equities investors’ wealth dropped by about N242 billion in the first trading session in the new week as profit-taking activities…
Oil Prices Jump after Goldman Sachs Forecast Oil prices jumped after Goldman Sachs predicted that crude would hit $100 per barrel in the next 12 months. Also, the Russian Federation…
FGN Bond Yield Rises to 14.5%, DMO Raises N4.3trn The average yield on the Federal Government of Nigeria (FGN) bonds instruments jumped moderately to 14.5% as a result of investors’…