The President of the Trade Union Congress (TUC), Festus Osifo, has attributed the recent 50% increase in telecom tariffs by operators in Nigeria to the continued depreciation of the Naira.
The Association of Bureau De Change Operators of Nigeria (ABCON) has directed its members to strictly operate within the business hours of 8 am to 6 pm or face disciplinary actions.
Data centre operators in Nigeria are grappling with the severe impact of the protracted forex crisis, which is now threatening millions of dollars in investments already sunk into building the facilities.
The devaluation of the Naira resulted in a forex gain of N8.6 billion for the Nigeria Identification for Development (ID4D) project, through which international financiers led by the World Bank are pushing for the enrollment of all Nigerians for the National Identification Number (NIN).
Though some critical policies were introduced in the period, the forex crisis took the shine for tech business, like other businesses in the economy
The two agencies are to strengthen the existing Memorandum of Understanding they have and ensure it is more effective in dealing with current issues.
The Federal Government has slammed a $10 billion fine on crypto trading platform, Binance, over allegations of influencing the country’s forex crisis.
Nigeria's Central Bank Governor, Olayemi Cardoso has stated that about $26 billion has passed through Binance Nigeria.
In a move aimed at rectifying the persisting distortions in the retail segment of Nigeria's foreign exchange market, the Central Bank of Nigeria (CBN) has taken a decisive step to bridge the widening gap in the exchange rate.
As a Stockbroker, you struggle for the equilibrium price in making your deal.
The Special Special Adviser to President Bola Tinubu on Information and Strategy, Mr. Bayo Onanuga has called for the ban of Binance, Kucoin, and other trading platforms in Nigeria.
The Lagos State Chapter of the Poultry Association of Nigeria (PAN) has attributed the surge in egg prices to the volatile foreign exchange rates and the avarice of certain intermediaries, as stated by Mr. Mojeed Iyiola, the chapter's Chairman, in an interview with the News Agency of Nigeria (NAN) on Monday in Lagos.
