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Nigeria’s inflation rate hits 8-month high at 16.82% amid soaring fuel and food prices

    Nigeria’s inflation rate hits 8-month high at 16.82% amid soaring fuel and food prices

The consumer price index, which measures the rate of increase in the price of goods and services, climbed to 16.82 per cent in April 2022, on the back of surging

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Airline operators announce flight disruption over scarcity of aviation fuel

    Airline operators announce flight disruption over scarcity of aviation fuel

Nigerian airlines, under the aegis of Airline Operators of Nigeria (AON),  say there will be disruption of scheduled flight operations over the growing scarcity of aviation fuel popular as Jet-Al.

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Create special FX trading window for BDCs, ABCON tells CBN

    Create special FX trading window for BDCs, ABCON tells CBN

The Association of Bureaux De Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to establish BDCs’ autonomous foreign exchange trading window (BAFEX) with a determined

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ALERT: Hackers can now unlock, steal vehicles, NCC warns Nigerians

    ALERT: Hackers can now unlock, steal vehicles, NCC warns Nigerians

The Nigerian Communications Commission (NCC) has warned the public of an ongoing cyber-vulnerability that allows a nearby hacker to unlock vehicles, start engines wirelessly and make away with cars. In

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SEC issues new regulations on issuance, exchange of cryptocurrencies in Nigeria

    SEC issues new regulations on issuance, exchange of cryptocurrencies in Nigeria

The Securities and Exchange Commission (SEC) has released a set of new regulations guiding the issuance, exchange and custody of

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IMF calls for new payment system to accommodate central bank digital currencies

    IMF calls for new payment system to accommodate central bank digital currencies

Kristalina Georgieva, managing director, International Monetary Fund (IMF) has called for the development of a new public infrastructure to connect

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Russia cuts electricity supply to Finland — amid NATO membership face-off

    Russia cuts electricity supply to Finland — amid NATO membership face-off

Inter RAO, a Russian state-owned utility, says it has suspended electricity supply to Finland, citing payment difficulties.  Meanwhile, Finland would

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Nigeria, Benin Republic sign bilateral agreement on Seme-Krake joint border post

    Nigeria, Benin Republic sign bilateral agreement on Seme-Krake joint border post

Nigeria and Benin Republic have decided to invite the private sector to run the Seme-Krake joint border post to facilitate trade

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Twitter deal ‘temporarily on hold’, says Elon Musk

    Twitter deal ‘temporarily on hold’, says Elon Musk

Elon Musk, the billionaire founder of Tesla Inc. and the world’s richest person, says his planned $44 billion purchase of

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Emirates to accept Bitcoin payments, allow NFT trading on its website

    Emirates to accept Bitcoin payments, allow NFT trading on its website

Emirates, national airline of the United Arab Emirates (UAE), has announced its plans to add Bitcoin as a payment service.

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