Finally, MMM Nigeria, the most popular ponzi scheme in the country, has started paying outstanding mavro (money) to participants of the scheme. Kolade Ogunwande, a participant, who manages a number
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Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the priority of the bank is to serve the interest of the masses, because of love for the country.
Kemi Adeosun, minister of finance, says Nigeria has no choice than to borrow, considering that oil prices are not returning to $110 per barrel anytime soon. Speaking at the 14th
Honduras, Venezuela and Tanzania are the only three countries – of 82 select countries – with a riskier business environment than Nigeria. Of 82 countries considered by Bloomberg, based on
The Nigerian Stock Exchange was reported as the worst performing bourse for 2016, but so far 2017 , Kenya’s Nairobi Securities
The Islamic Movement in Nigeria (IMN), better known as the Shi’ites, has urged the international community to isolate and sanction
Vice-President Yemi Osinbajo says the government cannot simply allow the naira to float, but admits that the Central Bank of
“If not for her, I would have left this country,” Moses Chukwudi, a foodstuff trader at Mile 12 Market, Lagos,
The Central Bank of Nigeria (CBN) has warned Nigerians against the use of virtual currencies, including bitcoin, ripples, litecoin. In
The International Monetary Fund (IMF) says efforts to save the naira by rationing foreign exchange have gradually crumbled. The IMF
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