FTX founder Sam Bankman-Fried has been arrested in the Bahamas
December 13, 2022
Naira slump, loans push public debt to N121tn
June 21, 2024
The Naira dropped to N1,750 per dollar on the parallel market today, down from N1,745 on Thursday. However, the Naira rose to N1,652.62 per dollar in the Nigerian Autonomous Foreign...
Read moreDetailsThe Naira rose to N1,730 per dollar in the parallel market Wednesday, up from N1,735 on Monday. Similarly, the Naira rose to N1,678.93 per dollar on the Nigerian Autonomous Foreign...
Read moreDetailsGrid failures cost Kainji and Jebba power stations approximately N30.5 billion between 2022 and 2024. The continuous failure of the national grid was the cause of the sum incurred as...
Read moreDetailsA banana taped to a wall—a conceptual art piece by Italian artist Maurizio Cattelan—has been sold for an astonishing $6.2 million to cryptocurrency entrepreneur, Justin Sun, at a Sotheby’s auction...
Read moreDetailsThe October 2024 Federation Accounts Revenue, totaling ₦1.411 trillion, has been allocated to the Federal Government, State Governments, and Local Government Councils (LGAs), according to the Office of the Accountant...
Read moreDetailsRene Magritte's renowned 1954 painting, Empire of Light (L’Empire des lumières), made history on Tuesday by fetching over $121 million at a Christie’s auction in New York, setting a new...
Read moreDetailsThe Central Bank of Nigeria (CBN) has raised an alarm over fraudulent activities by individuals pretending to have been awarded construction contracts or special financial intervention mandates on behalf of...
Read moreDetailsIn the first nine months of 2024 (9M'24), Nigeria's foreign trade payments via Letter of Credit (LC) fell by 146.5 percent year-on-year (YoY) to $434.05 million from $1.07 billion in...
Read moreDetailsBarron Trump, the youngest son of former U.S. President Donald Trump, has led a life that is both public and private, shaped by the unique circumstances of being part of...
Read moreDetailsThe fourth edition of the Zenith Tech Fair, titled "Future Forward 4.0: Embedded Finance, Cybersecurity, and Growth Imperatives - The Impact of AI," will take place on Thursday at the...
Read moreDetails