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Nigerian central bank lifts ban on crypto tradingThe Central Bank of Nigeria (CBN) in February 2021 barred banks and financial institutions from dealing in or facilitating transactions in ...
Nigerian central bank lifts ban on crypto tradingThe Central Bank of Nigeria (CBN) in Feb. 2021 barred banks and financial institutions from dealing in or facilitating transactions in cryp...
Airtel Africa back in black, but Nigeria currency woes weigh"As reported in July 2023, our results for the first quarter were significantly impacted by the changes to the FX market in Nigeria, introd...
Airtel Africa Q2 Results: Net profit falls nearly 9% to $138 million"In Q2'24, reported currency revenues declined by 4.7 per cent reflecting a full quarter's impact of the Nigerian naira devaluation in June...
FM holds bilateral meeting with US Treasury Secretary, discusses G20 prioritiesFinance Minister Nirmala Sitharaman had a bilateral meeting with US Treasury Secretary Janet Yellen to discuss G20 priorities and bilateral...
Nigeria regulator says local Binance operations 'illegal'"Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever," the Securities and E...
Sandesara brothers, fighting fraud charges in India, are flourishing in NigeriaThe Sandesara brothers, Gujarati businessmen who left India in 2017, deny cheating their lenders and say they are victims of political pers...
Nigeria to launch digital currency on Monday to enhance paymentsThe eNaira, which took several years to develop, will “make financial transactions easier and seamless for every strata of the society,” th...
How bitcoin met the real world in AfricaThe bitcoin users interviewed by Reuters, based in five countries from Nigeria to Botswana, said the cryptocurrency was helping people make...
Banks to file lawsuit in Nigeria to take charge of Sandesara group’s oil assetsThe move comes more than a year after the Enforcement Directorate attached Sandesara group’s assets worth over Rs 9,700 crore in Nigeria, w...
Bajaj Auto's profitability likely to take a hit with fall in Nigeria & Colombia's currenciesAnalysts say currency devaluation by Nigeria alone could cut the company’s projected EPS for the next financial year by about 5-6%.
Indian firm enters Nigeria's mobile money sectorEstel Technologies has entered into a partnership with a Nigerian company to introduce a platform meant to drive mobile money services.
- ICICI denies it's in talks with Nigeria's Spring Bank
ICICI Bank denied it is in investment talks with Nigeria-based Spring Bank. However, it did not say in the statement released today if it i...
- Oil price slides below 71 dollars to 13-month low
The price of oil fell below 71 dollars on Wednesday, its lowest level for more than 13 months, as recession fears raised concerns about a p...
- Oil price slides below 72 dollars to 13-month low
The price of oil slumped below 72 dollars on Wednesday, its lowest level for more than 13 months, as recession fears raised concerns about ...
- Oil price slides below $72 to 13-month low
Brent crude has fallen by more than half from a record high of $147.50 in July, when prices rocketed on fears of supply disruptions. World'...
- RBI warns against fraud remittance offers
Central Bank says schools, hospitals, individuals could fall prey to email scam.