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Nigerian Government Levies $10 Billion Fine on Binance Amid Cryptocurrency Crackdown
The Nigerian government has imposed a staggering fine of $10 billion on Binance, one of the world’s largest digital asset platforms. The move comes amid growing concerns about the role of cryptocurrency exchanges in facilitating illicit activities and exacerbating … Continue Reading
CBN Sells N1.053 Trillion in Government Securities in Successful Auction
The Central Bank of Nigeria (CBN) has announced the successful conclusion of a sale of government securities, issuing N1.053 Trillion (US$680 million) in short-term instruments as part of its liquidity management exercise.
CBN sells N1.053 trillion in government securities
See Two Most Wanted Bandits in Katsina With N50m bounty Placed on Their Heads
The Katsina State Police Command has placed a N50 million bounty for the arrest of two bandits’ kingpins, Modi Modi and Jan Kare, operating within Kankara and Safana Local Government Areas of Katsina State.
ASP Abubakar Sadiq Aliyu, the … Continue Reading
Nigerian Employers Consultative Association(NECA) Warns Ministry’s Expatriate Employment Levy May Deter Investment
The Nigeria Employers’ Consultative Association (NECA) has issued a cautionary statement regarding the Ministry of Interior’s proposed expatriate employment levy.
They expressed concerns that it could discourage investment in the country.
NECA criticized the levy, highlighting the necessity for … Continue Reading
AfDB Allocates $134 Million to Boost Nigeria’s Food Production
The African Development Bank (AfDB) has earmarked $134 million to support the cultivation of essential crops such as rice, maize, cassava, and soybeans.
The announcement was made by Dr. Akinwunmi Adesina, President of the AfDB, following his visit to the … Continue Reading
Nigeria Vows to Boost Investor Confidence and Combat Corruption: President tinubu’s Assurances at Nigeria-Qatar Business Forum
President Bola Tinubu delivered a resounding message of commitment to international investors at the Nigeria-Qatar Business and Investment Forum held in Doha on Sunday.
Assuring the global business community of Nigeria’s readiness for serious business, President Tinubu pledged decisive … Continue Reading
NDLEA Seizes Cocaine Shipment of Businessman Headed To Vietnam
The National Drug Law Enforcement Agency (NDLEA) has intercepted a 40-year-old businessman, Ejike Chibuke Solomon, with 1.45 kilograms of cocaine concealed in his luggage. Solomon was apprehended at the Nnamdi Azikiwe International Airport in Abuja while attempting to board an … Continue Reading
SERAP Sues President Tinubu Over Alleged Mismanagement of $3.4 Billion IMF Loan
Socio-Economic Rights and Accountability Project (SERAP) has taken legal action against President Bola Tinubu, filing a lawsuit over the failure to probe allegations regarding the whereabouts of the $3.4 billion loan obtained by Nigeria from the International Monetary Fund (IMF).… Continue Reading
How Blood Clots Killed Mr. Ibu: 10 Ways to Prevent Them
The cause of his death of popular Nigerian comic actor, John Okafor aka Mr. Ibu who died on Friday in a hospital in Lagos state, has been revealed to be blood clots.
REPORT AFRIQUE earlier reported of the tragic … Continue Reading
Residents Loot NEMA Warehouse in Nigeria’s Capital Amidst Economic Hardship
Residents of the Federal Capital Territory, Abuja Nigeria descended upon a warehouse belonging to the National Emergency Management Agency (NEMA) on Sunday morning, seizing foodstuffs and other items amidst widespread hardship in the country.
The warehouse, situated in … Continue Reading