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The Economic and Financial Crimes Commission has established a task force to tackle illegal forex trading and naira abuse. The commission is combating illegal forex trading against the backdrop of…
The Catholic Bishops Conference of Nigeria (CBCN) has said that the reforms being carried out by the Tinubu-led administration has added to the sufferings of Nigerians. President of the CBCN,…
Naira Sees Tiny Daily Gain as Unofficial Rate Hits N1600 The Nigerian troubled local currency, the naira, recorded an unimpressive daily gain in the official foreign exchange market. It is…
Naira Breaches N1500 Threshold over ‘Slim’ US Dollar Supply The naira exchange rate has breached N1500 and declined to N1503 at the official market today despite an unexpected decision of…
The Lagos State House of Assembly has decried the continued downward slide in the value of the naira against the dollar. As at Tuesday, a dollar hovered between N1,474 and…
Bitcoin Crosses $50,000 as Crypto Greed Index Rises The market price of Bitcoin, the world’s largest digital asset by valuation, crossed $50,000 after more than two years of hot pressures…
Naira Sinks, Official Rate Exceeds Parallel Market by N46 The local currency recorded a 4.2% loss in value to settle at N1,534.39 against the US dollar at the Nigerian Autonomous…
Bitcoin Nears $50k in Latest Crypto Market Rally Bitcoin, the world’s biggest cryptocurrency, is trading near $50,000, its highest since Dec 2021, while Ether has gained 2.3%, trading at $2,560.90.…
As a way to strengthen the naira against the dollar, human rights lawyer, Femi Falana, has urged the Federal Government of Nigeria to join economic bloc BRICS and sell the…
Before his untimely death, the late Group Chief Executive Officer (CEO) of Access Holdings Plc, Herbert Wigw opened a multi-billion-naira mansion in Ikoyi, Lagos. Recall that Wigwe died alongside five…