Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), on Monday paid an unannounced visit to First Bank, UBA and Zenith banks offices in Abuja to inspect sales of foreign currencies to customers.
Unidentified hackers stole 339.5 million rubles ($6 million) in an attack on the SWIFT international payments messaging system in Russia last year, the Russian central bank said on Friday.
Several international bankers have sounded a warning about the mega risks involved in embracing bitcoin, which this week soared to a new record high of more than $8,000. Six years ago, it traded for just one dollar.
An industrialist, Chief Tony Elumelu, on Monday urged Nigerian and foreign investors to take advantage of the World Bank’s Ease of Doing Business ranking of Nigeria to invest in the country.
The Hospitality and Tourism Management Association of Nigeria (HATMAN) has urged government at all levels to work towards placing Nigeria among the world top tourism destinations by the year 2020.
ALGON Boss blamed the insolvent condition of local governments across the country on disproportionate sharing formula for the nation’s revenue
Chijioke Ekechukwu, the Director-General of Abuja Chamber Of Commerce and Industry, ACCI, has again urged government to give tax holidays to Abuja SMEs
Crude oil prices have risen from $53 to over $54 per barrel, the highest this year, as a result speculation over the effectiveness of OPEC meeting today