ABIODUN SANUSI and IMOLEAYO OYEDEYI The Economic and Financial Crimes Commission has instituted a further crackdown on currency speculators and cryptocurrency platforms manipulating the naira, Sunday PUNCH has learnt. Impeccable sources within the commission... Read more »
Okechukwu Nnodim, Dare Olawin and chima azubuike Oil marketers are gearing up to load refined petroleum products from the Port Harcourt Refining Company, as workers at the facility race to get it set... Read more »
By Dickson Omobola The price war sparked by Nigerian carrier, Air Peace, with its entrant into the juicy Lagos-London route once monopolised by foreign airlines has triggered mixed feelings among stakeholders. In... Read more »
•Experts recommend way forward By Nkiruka Nnorom There are indications that prices of goods and services may not come down soon despite the speedy appreciation of Naira against major foreign currencies in recent weeks.... Read more »
By Elizabeth Adegbesan The Naira has depreciated to N1,140 per dollar in the parallel market, from N1,060 per dollar on Thursday. Similarly, the Naira depreciated in the Nigerian Foreign Exchange Market, NAFEM,... Read more »
By Olaniyi Apanpa Nigeria’s economy, which ranked as Africa’s largest in 2022, is set to slip to fourth place this year after a series of currency devaluations, International Monetary Fund forecasts show.... Read more »
By Justice Okamgba Meta, the company behind Facebook, WhatsApp, and Instagram, has expanded its AI service, “Meta AI,” to 12 countries outside the United States. These countries include Nigeria, Ghana, South Africa,... Read more »
By Yinka Kolawole, with agency report The CEO of cryptocurrency exchange, Binance, Richard Teng, yesterday said that the company is working very closely with Nigerian authorities following the detention of the company’s Head... Read more »
Nigeria’s foreign reserves fell to $32.29 billion on April 15, the lowest in over six years. According to the latest data from the Central Bank of Nigeria, CBN, the reserves moved from... Read more »
By Okechukwu Nnodim The Dangote Petroleum Refinery has listened to the calls of oil marketers as regards the reduction in the price of Automotive Gas Oil, popularly called diesel. On Tuesday, the... Read more »