In order to stabilize Nigeria’s outrageous exchange rate, the Central Bank of Nigeria (CBN) has ordered Deposit Money Banks to sell their excess dollar stock latest...
Payments giant PayPal is set to undergo a significant workforce reduction, with around 2,500 jobs slated to be cut globally. CEO Alex Chriss shared this decision...
As of January 31st, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to ₦1,520.123 according to Naira...
In response to the Central Bank of Nigeria’s (CBN) directive aimed at strengthening Know Your Customer (KYC) procedures for Tier 1 accounts, fintech company PalmPay is...
The naira collapsed to its lowest level ever against the dollar as it on Thursday traded for N1,410 per dollar at the parallel market. The Thursday...
Popular Nigerian financial technology company, OPay has announced that it would block some accounts as part a major security update in its operations. Starting from March...
The naira exchanged for approximately N1380 to a dollar in the early hours of Wednesday from Tuesday’s normal rate of N1357/$ based on the P2P advertisement,...
The Nigerian Communications Commission (NCC) has shed light on the recent challenges faced by subscribers, explaining the reasons behind the blocking of SIM cards despite the...
By Etim Etim
Nigerian billionaire Abdul Rabiu Samad, the CEO/Chairman of BUA Group, has claimed the title of the second-richest person in Nigeria, surpassing Mike Adenuga, as reported by...
