Cryptocurrency Should Regulated Osinbajo Urges CBN
Vice President Yemi Osinbajo says there is a need for the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to come up with robust regulations for…
Telecom Workers Threaten Services Disruption Over Anti-Labour Practices
Private Telecommunications and Communications Senior Staff Association of Nigeria has threatened to disrupt the activities of Huawei Technologies Nigeria if they kept denying workers the right to unionise. The labour…
NASS Intends To Pass Petroleum Industry Bill In April — Rep. Mongunu
Rep. Mohammed Mongunu, the Chairman of House of Representatives Ad Hoc Committee on Petroleum, has said that the Petroleum Industry Bill (PIB), is expected to be passed by end of…
Bitcoin Drops 17% After Elon Musk’s Comment On Valuation
Bitcoin, world’s biggest cryptocurrency, plummeted as much as 17 per cent on Tuesday, with prices tumbling below $50,000 as investors raised concerns over its sky-high valuation Bitcoin has been on…
Nigeria Exits Recession, Records 0.11% Growth In Q4
Nigeria’s Gross Domestic Product recorded a slight growth of 0.11 per cent in the fourth quarter of 2020, the latest figures from the National Bureau of Statistics revealed on Thursday.…
FG Engages 5000 Independent Monitors For N-Power, Cash Transfer Programme, Others
The Federal Government has engaged 5000 independent monitors to verify disbursement running into billions of Naira made to Nigerians under the National Social Investment Programme (NSIP). Out of this number,…
Global Stocks Mostly Fall Amid Angst At Inflation Risk
Global stock markets mostly fell Wednesday, with investors worried about high-flying share prices and the potential for inflation to spiral. On Wall Street, the Dow eked out another record, but…
Buhari To Offload Refineries, Tafawa Balewa Square, Trade Fair Complex Others To Fund 2021 Budget
President Muhammadu Buhari administration is seeking the National Assembly approval for the sale of national assets largely to finance the N13.58 trillion 2021 budget, The Premier News reported. At least…
Use of cryptocurrencies, a concern – IMF
The International Monetary Fund has called for caution in the use of cryptocurrencies, describing it as a concern. It disclosed this during a virtual briefing on the recently published 2020…
JUST IN: Jimoh Ibrahim Loses Bid To Vacate Order On Seized Assets Over Alleged N69.4 Billion Debt
A Federal High Court in Lagos has declined to vacate an interim order through which the Asset Management Corporation of Nigeria (AMCON) seized properties belonging to a businessman Jimoh Ibrahim…
