Section
322 stories from 2016 to 2025.
Page 10 of 17
Banks have started to onboard the e-Naira feature on their applications. In its latest update, the Guaranty Trust World app has integrated a e-Naira feature. However, when opened, the bank said, “Kindly note that you…
Here is the full text of President Muhammadu Buhari's 2022 Budget presentation to the National Assembly: 1. It is my great pleasure to be here once again to present the 2022 Federal Budget Proposals to this…
Facebook CEO Mark Zuckerberg has refuted claims made by former Facebook product manager turned whistleblower Frances Haugen, in a testimony to the US Senate on Capitol Hill yesterday. In the testimony, Haugen described…
The relationship between Apple and US banks is beginning to show strain, according to a new report from the Wall Street Journal. The report, citing “people familiar with the matter,” says that banks such as JPMorgan…
Delta State Governor Ifeanyi Okowa has sent a N66 billion 2021 supplementary budget to the House of Assembly for approval. His request was read at the plenary in Asaba on Tuesday by the Speaker, Chief Sherriff…
Power distribution company in Lagos, Ikeja Electric has corrected the news circulating the media that there will be a blackout in some parts of Lagos. In a new statement, the DISCO described the impending power…
JPMorgan CEO Jamie Dimon doubled down on past skepticism of bitcoin in a TV interview with Axios published on Monday, warning investors that the cryptocurrency has no underlying value. "It's got no intrinsic value,"…
The Nigerian National Petroleum Corporation( NNPC) has said that it is not recruiting, urging the general public to disregard information circulating on social media that the corporation was recruiting. The corporation…
Visa has said it is working on an interoperability system that would work across different blockchain networks and connect different Central Bank Digital Currency networks across the world. According to Visa, this…
Mr Knut Lein, Norway Ambassador to Nigeria on Friday, blamed the rising cost of stockfish in Nigeria on the inclusion of stockfish on forex banned list. The News Agency of Nigeria (NAN) recalls that the Central Bank of…
President Muhammadu Buhari has written to the Senate, seeking an amendment to the recently signed Petroleum Industry Act, PIA. In the letter, President Buhari wants an amendment to the new Act to allow for the removal…
Online foreign exchange rate website, abokiFX, which is currently under investigation by the Central Bank of Nigeria (CBN), says it will temporarily suspend rates on all its platforms, to find clarity on the situation.…
The Central Bank of Nigeria (CBN) will launch a digital currency, e-Naira in October to coincide with the nation’s independence anniversary. Governor Godwin Emefiele has assured that the advantages of the Central Bank…
The Federal Government has said that it will shut down the operations of Aboki FX, a website providing currency exchange information, which the bank described as an illegal and criminal platform. The Governor of the…
A Nigerian actress, Ejine Okoroafor, has revealed that she narrowly escaped being sent to jail in Paris over some fake Euro notes that were sold to her by a ‘reputable’ Nigerian bank. The actress took to her verified…
The Consumer Price Index which measures inflation rate fell to 17.01 per cent in August, the National Bureau of Statistics said on Wednesday. According to the latest CPI report, this rate is 0.37 percent points lower…
Lagos Governor Babajide Sanwo-Olu has signed the State Value Added Tax (VAT) Bill into law. The House of Assembly yesterday sent a copy of the bill for Governor Sanwo-Olu’s assent after passing the bill. The Governor…
Following a recent order by the federal high court in Port Harcourt issuing an order restraining the FIRS from collecting VAT and personal income tax (PIT) in Rivers state, the Appeal Court sitting in Abuja has ordered…
The Kogi State government has said it will not involve itself in the pursuit to retain the Value Added Tax as embarked on by the governments of Lagos and Rivers. The Governor of Rivers State, Nyesom Wike, had signed a…
The Nigerian naira has continued its downward spiral as it trades at N540 to a dollar at the parallel market on Thursday. The drop comes barely a week after it traded at N530 against the American currency. The exchange…
