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Court yet to reveal sentence as Bobrisky pleads guilty to abuse of Naira

Popular crossdresser, Bobrisky, has reportedly pleaded guilty to charges related to the abuse of the Naira before a Federal High Court in Lagos. The...

Nigeria’s top bank initiates $1.8 billion fundraising drive to fuel expansion efforts

Access Holdings Plc, the parent company of Nigeria’s largest bank by assets, intends to raise approximately $1.8 billion to fuel its expansion plans over...

Binance halts Nigerian Naira services

Binance, one of the world's largest cryptocurrency exchanges, has announced that it will discontinue all Nigerian Naira (NGN) services. This decision will impact users who...

Federal govt may seek $10bn penalty from Binance to save Naira value

The Federal Government might seek over $10 billion from Binance as a penalty in efforts to bolster the value of the naira. In an interview...

Nollywood star, Oluwadarasimi Omoseyin imprisoned for 6 months for manipulating naira notes

Notable figure in Nigeria's Nollywood industry, Oluwadarasimi Omoseyin, has been sentenced to six months in prison for tampering with recently issued naira notes. The incident...

Nollywood actor found guilty of treading on naira notes

A Nigerian actress has been given a six-month jail term for ruining money by spraying and stepping on new bills last year. Oluwadarasimi Omoseyin...

A dollar goes for GHS12.25 at forex, BoG interbank rate at GHS11.64

As of today, December 12, 2023, the Interbank forex rates released by the Bank of Ghana indicate that the Ghana Cedi is engaged in...

MultiChoice reports $72million loss due to naira devaluation

The prominent pay-TV provider in Africa, MultiChoice, has reported its third consecutive semi-annual loss, citing challenges with foreign exchange rates in Nigeria and persistent...

A dollar goes for GHS12.10 at forex, BoG interbank rate at GHS11.50

On November 6, 2023, the Interbank forex rates from the Bank of Ghana reveal the following exchange rates for the Ghana Cedi: Against the US...

More than US$950,000 donation made to 750 students at Lagos University by wealthy Nigerian

On Thursday, October 25, Nigerian billionaire Femi Otedola marked his inauguration as the chancellor of a private university in Lagos with a generous contribution...

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