Business

Despite CBN Ban, Nigerians Traded N316.9bn Bitcoin In 2021

Despite CBN Ban, Nigerians Traded N316.9bn Bitcoin In 2021

Despite the Central Bank of Nigeria’s prohibitions on cryptocurrency transactions in the country’s banking system, Nigerians transacted at least N316.9…
Global E-commerce Leader QNET marks Nigeria Launch and announces major partnership

Global E-commerce Leader QNET marks Nigeria Launch and announces major partnership

Global e-commerce and direct selling leader, QNET Limited, has today officially marked its’ launch in Nigeria. On the occasion, QNET announced a major…
Access Bank, Zenith Bank, record unresolved complaints in 12 months –Reports

Access Bank, Zenith Bank, record unresolved complaints in 12 months –Reports

Within a period of one year spanning January 1 to December 31, 2020, two top banks in Nigeria recorded a…
Bitcoin melts as the strong dollar weighs on

Bitcoin melts as the strong dollar weighs on

On Saturday, there was a significant dip in the values of cryptocurrencies, including Bitcoin, as selling pressure gained traction. Bitcoin…
CBN Fines Access, Stanbic IBTC N800 Million For Cryptocurrency Transactions

CBN Fines Access, Stanbic IBTC N800 Million For Cryptocurrency Transactions

Three Nigerian commercial banks have been fined a total of N800 million by the Central Bank of Nigeria for failing…
Chinmark CEO, Marksman Chinedu Ijiomah reportedly flees Nigeria

Chinmark CEO, Marksman Chinedu Ijiomah reportedly flees Nigeria

Mr. Marksman Chinedu Ijiomah, the Chief Executive Officer of Chinmark Group, the firm involved in alleged involvement scam, has reportedly…
Alleged Ecobank debt: Osibodu prevails at the court of appeal

Alleged Ecobank debt: Osibodu prevails at the court of appeal

The Court of Appeal in Lagos has set aside a December 4, 2017 ruling obtained by Ecobank Nigeria Limited at…
First Bank Limits Foreign Withdrawal To $20 Per Month

First Bank Limits Foreign Withdrawal To $20 Per Month

The overseas spending limit on First Bank of Nigeria’s naira cards has been decreased from $50 to $20 (about N10,000)…
JUST IN: Concern For Investors As Access Bank, FCMB Others Lose N1.7 Billion To Fraud

JUST IN: Concern For Investors As Access Bank, FCMB Others Lose N1.7 Billion To Fraud

In 2021, fraudulent acts involving bank workers and customers cost several Nigerian deposit money institutions a total of N1.77 billion.…
Pay As You Go Internet Protocol Television (IPTV) Debuts In Nigeria

Pay As You Go Internet Protocol Television (IPTV) Debuts In Nigeria

Internet Protocol Television, IPTV, an internet cable pay-TV is set to debut in Nigeria to the excitement of millions of…
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