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Business Business, Finance & Economics News 25 — 03 rashyman

Binance Executive Nadeem Anjarwalla Escapes From Custody – NSA Office

Nadeem Anjarwalla, an executive of cryptocurrency platform, Binance, has escaped from custody, according to the Office of the National Security Adviser (NSA).  He is a suspect in the Federal Government’s ongoing probe into Binance activities in Nigeria. But he escaped from custody on…
Business Business, Finance & Economics 18 — 03 rashyman

Provide data of persons trading on your platform to EFCC – Court orders Binance

A Federal High Court, Abuja has ordered Binance Holdings Limited to provide the Economic and Financial Crimes Commission (EFCC) with comprehensive data or information on all persons from Nigeria trading on its platform. Justice Emeka Nwite granted the interim order after ruling on…
Business Business, Finance & Economics News 14 — 03 rashyman

Access Holdings Reappoints Aig-Imoukhuede As Chairman After 10 Years

Access Holdings has reappointed Aigboje Aig-Imoukhuede as its non-executive chairman after 10 years of serving as the bank’s Chief Executive Officer (CEO). “Access Holdings Pic (the Holdco’), is pleased to announce the return of Mr. Aigboje Aig-Imoukhuede, CFR as its Non-Executive Chairman. Mr.…
Business Business, Finance & Economics 11 — 03 rashyman

JUST IN: Bitcoin hits all-time high above $71,000

Bitcoin on Monday hit a new record high above $71,000, as the surge in the biggest cryptocurrency showed no signs of slowing down. Checks by the Nation shows that the cryptocurrency coin is now at $71,196.85. It hit a peak of $71,432. Details shortly…
Business Business, Finance & Economics News 4 — 03 rashyman

AfDB To Boost Food Production In Nigeria With $134m

The African Development Bank (AfDB) has pledged its support to Nigeria’s agricultural sector with a whopping $134 million investment aimed at enhancing food production. The President of AfDB, Akinwumi Adesina, unveiled this commitment during his visit to the Centre for Dryland Agriculture (CDA)…
Business Business, Finance & Economics 29 — 02 rashyman

Naira rises to 1,609/$ at official market

The naira appreciated marginally against the United States dollar to N1,609 on Wednesday at the official market from N1,615.94 recorded the previous day. This indicates an increase of N6 or 0.37 per cent. The slight improvement came on the heels of series of…
Business Business, Finance & Economics News 26 — 02 rashyman

Qatar reverses stand, to host business forum during Tinubu’s visit

The Qatar authorities yesterday reversed their earlier stand on the hosting of a business and investment forum with a Nigerian delegation during the forthcoming visit of President Bola Tinubu to Doha. President Tinubu is scheduled to be in Doha, the Qatari capital, on a two-day…
Business Business, Finance & Economics News 20 — 02 rashyman

NSA’s Office, CBN Join Forces To Deal With Forex Speculators 

The Office of the National Security Adviser (NSA), Nuhu Ribadu; and the Central Bank of Nigeria (CBN) have joined forces to deal with forex speculators in the country and address challenges impacting the nation’s economic stability. In a statement on Tuesday, a spokesperson for…
Business Business, Finance & Economics News 16 — 02 rashyman

OPS rejects food imports, backs clampdown on hoarders

The Federal Government has ruled out the importation of food as part of strategies to address the high costs of foodstuffs and the economic hardship troubling the country. It has also set up a committee comprising the National Security Adviser, the Director-General of…
Business Business, Finance & Economics World 16 — 02 rashyman

Bitcoin Breaks $50,000 For First Time Since 2021

Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US approval of broader trading in the unit will ramp up demand. The cryptocurrency has enjoyed a strong run in recent months, fuelled by…

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