Business

News about Business,  around the World. Get the business news as it happens

CBN under pressure to devalue naira again

DEVELOPMENTS in the foreign exchange market are putting the Central Bank of Nigeria under intense pressure to further devalue the…

Ehi Ekhator

CBN raises Cash Withdrawal Limit after pressure

The maximum weekly limit for cash withdrawals by individuals and business entities through all channels has been raised by the…

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Latest Business News

Zambia Affirms Strong Support for AfDB President Ould Tah’s Vision for New african Financial Architecture

Zambia has voiced strong backing for African Development Bank Group President Dr…

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CBN Imposes N1billion Fines On Opay, Moniepoint Over Lack of Regulatory Compliance 

The Central Bank of Nigeria (CBN) has imposed heavy fines of ₦1…

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Crypto Investors Fear Market Volatility as Tether Mints 1billion USDT

One of the largest stablecoin Issuers, Tether, has minted 1 billion USDT,…

Ademu Usman Idakwo

Millions In Pain As Online Crypto Trading App, Qubits cube Crashes

An American-based online crypto trading site with over 10 million users, mostly…

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Cross Rivers Governor Otu Secures $3.5 Billion for Infrastructural Development from Afreximbank

Cross Rivers State Governor Bassey Otu has signed a landmark development agreement…

Ademu Usman Idakwo

UK Cracks down on Cryptocurrency

The Financial Conduct Authority (FCA) of Britain has taken steps to strengthen…

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UPDATE: Godwin Emefiele extends naira swap deadline after pressure

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has extended…

Ehi Ekhator

Frustration, anger as CBN withdrawal policy comes into effect

Over 20 Deposit Money Banks in Nigeria began implementing the Central Bank…

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