Finance

EFCC may prosecute 300 forex racketeers

•EFCC gets order to freeze 300 accounts, says one account transacted $15bn illegally •Naira would have crashed massively if 300 accounts were not frozen – Chairman The Economic and Financial…

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Oyo PDP Seeks Security Probe of Ex-Governor’s Wife Over “War” Remarks

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Churches Lack Capacity to Detect Fake Anointing Oil, Clerics Tell Regulators

A coalition of senior clergy has called for stronger regulatory oversight of anointing oils, acknowledging…

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UFC Fighter Themba Gorimbo Cuts Ties with Family, Disavows Zimbabwean Identity

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UK PM, European Leaders Condemn Trump’s Remarks on NATO Afghanistan Sacrifices

U.K. Prime Minister Keir Starmer has denounced U.S. President Donald Trump’s recent comments dismissing the…

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NNPP Denounces Kano Governor’s Resignation as “Betrayal of Mandate

The New Nigeria Peoples Party (NNPP) has condemned the resignation of Kano State Governor Abba…

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University of Ibadan Reclaims Top Spot in Global Rankings

The University of Ibadan has been ranked Nigeria’s leading higher institution in the latest Times…

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Just for You

“New Tax Law Targets Nigeria’s Richest, Protects the Poor” – Policy Expert

A leading policy expert has moved decisively to quell widespread public anxiety, declaring Nigeria's forthcoming…

Prophet Sam Olu-Alo Urges Unity as Key to Nigeria’s Prosperity in New Year

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NLC Threatens Revolt Over New Tax Laws, Citing Lack of Consultation

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Trump Announces U.S. Military Strikes Against ISIS in Northwest Nigeria

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Lasted Finance

More Pressure On Naira Ahead Possible Interest Rate Hike

Financial experts have said there are concerns that the Central Bank of Nigeria (CBN) low net FX reserves and the…

CBN withdraws circular on cybersecurity levy

The Central Bank of Nigeria has retracted its directive asking banks and payment service providers to collect and remit the…

Crypto exchanges begin delisting Naira from P2P platforms, says SEC

The Securities and Exchange Commission, SEC, yesterday, disclosed that crypto exchanges have commenced delisting of the Naira from Peer-to-Peer (P2P) trading…

Terrorists using unsuspecting cryptocurrency traders – Olukoyede

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has revealed that unbeknownst to young cryptocurrency traders in…

Experts counter FG’s plan to access N20tr from pension fund

Experts in the pension sector have countered the plan by the federal government (FG) to tap about N20 trillion from pension…

Senate approves Tinubu’s request of $500m loan for BPE

THE Senate has approved President Bola Tinubu ‘s loan request amounting $500 million in favour of the Bureau of Public Enterprises,…

Naira depreciates to N1,530/$ at parallel market

The Naira further depreciated to N1,530 per dollar at the parallel market on Wednesday, May 16th, 2024 in contrast to…

Forex Crisis: SEC Pledges To Cooperate With EFCC

The Securities and Exchange Commission has pledged to work with the Economic and Financial Crimes Commission in a bid to…

Nigeria records 133 investment commitments in 3 projects — World Bank

The World Bank yesterday said Nigeria recorded 133 private sector investment commitments in three projects in 2023. The World Bank disclosed…

Foreign missions using third parties for dollar transactions – EFCC

The Economic and Financial Crimes Commission on Tuesday revealed that some foreign missions in Nigeria were using third parties to…