Afrexim Bank offers NNPC $1bn for Dangote refinery equity

The Nigerian National Petroleum Corporation, NNPC, is looking in the direction of Afrexim Bank to borrow…

Atuche bags 126 year jail term over N26bn fraud

An Ikeja High Court has sentenced a former managing director of the defunct BankPHB, Mr Francis…

El-Salvador gives legal teeth to Bitcoin as legal tender

El Salvador has become the first country in the world to adopt bitcoin as a legal…

EFCC demands asset forms of banks managers

The Economic and Financial Crimes Commission, EFCC, has asked all Managing Directors of banks, their deputies…

Banks tax customers N6.98 per USSD transaction

Nigerian banks are now charging customers N6.98 per transaction using USSD services. USSD is a critical…

CBN retains Monetary Policy Rates at 11.5%

The Monetary Policy Committee, MPC, of the Central Bank of Nigeria today voted to retain the…

CBN sacks directors of First Bank, reinstates Adeduntan

The Central Bank of Nigeria,CBN, has sacked all the directors of First Bank of Nigeria Limited…

CBN queries First Bank for sacking MD

The Central Bank of Nigeria, CBN, has queried the Board of the First Bank of Nigeria…

Senate empowers AMCON to seize assets

The Senate has passed the Asset Management Corporation of Nigeria Amendment bill after considering a report…

George Residence set to accept Bitcoin payments

A luxury hotel in Lekki, Lagos will reportedly accept Bitcoin, BTC, as a form of payment…