CBN: Currency in Circulation Rises by 71% to N1.6tn.
After the Central Bank of Nigeria changed its stance on the redesign of the naira, the amount of currency in…
Day: April 19, 2023
Leadway Assurance: Implements Security Measures Against Hackers.
According to Leadway Assurance Company Ltd, it has taken “mitigation steps” after discovering a hacker intrusion in its system that…
What to Expect As CBN Moves To Gather Dormant, Unclaimed Funds.
The exposure draft of rules on the administration of dormant accounts, unclaimed balances, and other financial assets in banks and…
Poll Shows Several British Don’t Want To Pay For Coronation
According to a recent poll that was performed and released on Tuesday, more than half of British citizens do not…
Ex-JAMB Registrar, Ojerinde’s Trial Starts Today for a $6 billion Fraud
Professor Dibu Ojerinde, a former Registrar of the Joint Admission and Matriculation Board, and his four children are on trial…
Netflix Hits 232 million subscribers.
Netflix on Tuesday said that its number of subscribers hit 232.5 million in the first quarter of this year and…
EPayments Reach N49.4 Trillion, With 40% of Failed Transactions Unresolved
According to CIO, we have handled more than 60% of ePayment issues. Although banks owe telcos over N100 billion in…
Fox News will pay Dominion $787.5 million as part of a defamation settlement following false election claims.
A defamation complaint including false accusations that Dominion Voting Systems’ software was involved in manipulating the 2020 U.S. presidential election…
The Nigerian Exchange Limited Recorded N2bn Gain for Investors.
The Nigerian Exchange Limited rebounded on Tuesday, recording N2bn gain for investors. The All-Share Index also appreciated by 11.54 base…
Nigeria Fails to Settle its Debt to China.
Nigeria’s debt to China, which has risen to N110.31 billion over the past two years, has not been paid off.…
Kyari: NNPC Deepens Investments in AKK, OB3, Others.
The Ajaokuta-Abuja-Kano-Kaduna (AKK) gas pipeline and the OB3 gas interconnector will accommodate five billion standard cubic feet of domestic gas…
Nigeria Produces 75% of Budget Target in Q1 Despite Low Oil Production.
Despite its difficulties, Nigeria was still able to produce 115 million barrels of crude oil in the first quarter of…
Exxon Announces a Force Majeure for Lifting Crude.
Following a strike by the company’s internal workers union, Exxon Mobil has declared force majeure on oil lifting from various…