Key Points The Central Bank of Nigeria (CBN) allows eligible International Money Transfer Operators (IMTOs) to sell foreign exchange (FX)
India’s Financial Intelligence Unit (FIU) has imposed a hefty fine of $2.25 million on the world’s largest cryptocurrency body, Binance,
Guaranty Trust Bank (GTBank) has initiated legal action against 60 senior executives from 13 commercial banks amidst a protracted legal
In a landmark deal for climate finance and green energy, Wema Bank Plc. and TLG Capital have announced a joint
The Company Income Tax (CIT) collections for the first quarter of 2024 stood at N984.61 billion, which represents a 12.87
The National Bureau of Statistics (NBS), in collaboration with the Federal Inland Revenue Service (FIRS), has reported a substantial increase
The United States may be unintentionally pushing the world to ditch the dollar as the global reserve currency, according to
She warned that restricting naira transactions on cryptocurrency exchanges could drive Nigerians to US dollar-denominated assets, worsening the naira’s
The Bank of England announced that banknotes featuring a portrait of King Charles III entered circulation for the first time
The ongoing clash between Femi Otedola, a renowned billionaire businessman, and Jim Ovia, the chairman of Zenith Bank, has escalated
Standard Chartered has been accused of helping to fund terrorist organisations. A recent revelation alleges that Standard Chartered, a prominent
The Nigerian Deposit Insurance Commission (NDIC) and the House of Representatives have assured Heritage Bank depositors of the protection of
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