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archive2021

Petrol Scarcity Looms As Depots Shutdown
FeaturedNews

Petrol Scarcity Looms As Depots Shutdown

Scarcity of the Premium Motor Spirit (PMS) popularly known as petrol is imminent as depot owners were said to have shut down operations on Monday. Depot owners were shutting down operations with the excuse that they have no products. According to the Independent Petroleum Marketers Association of Nigeria (IPMAN) National...
US finally endorses Okonjo-Iweala for WTO top job
ForeignNews

US finally endorses Okonjo-Iweala for WTO top job

The United States government led by Joe Biden and Kamala Harris has endorsed Ngozi Okonjo-Iweala, former minister of finance, for the office of the director-general of the World Trade Organisation (WTO). In a statement by the office of the US Trade Representative said the Biden-Harris admin is pleased to support...
Adamu Garba: Investing In Cows Better Than Cryptocurrency
FeaturedNews

Adamu Garba: Investing In Cows Better Than Cryptocurrency

Adamu Garba, a former presidential aspirant, has opined that investing in cows is better any form of cryptocurrency business. Garba was lending his voice to the latest instruction to Deposit Money Banks (DMBs), other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) against having any transactions in crypto or facilitating...
"We Need To Open Up Our Economy" - Atiku Appeals To Buhari
FeaturedNews

“We Need To Open Up Our Economy” – Atiku Appeals To Buhari

Former vice-president Atiku Abubakar has urged the Buhari administration not to shut down cryptocurrency business, as announced by the Central Bank of Nigeria on Friday. In a statement signed by him on Saturday, Atiku urged government to regulate the sector rather than embarking on an outright shutdown. “This is definitely...
CBN directs banks to close accounts of cryptocurrency traders
FeaturedNews

CBN directs banks to close accounts of cryptocurrency traders

The Central Bank of Nigeria (CBN) has directed banks to close accounts of persons or entities involved in cryptocurrency transactions within their systems. This is according to a circular released to deposit money banks (DMBs), non-bank financial institutions (NBFIs), and other financial institutions (OFIs) on Friday. In January 2017, CBN had...
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