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Reports have it that ₦2,949,557,867 has been illegally transferred from the accounts of African fintech unicorn, Flutterwave. The tech giant’s counsel, Albert Onimole, reported the case...
Amid the worsening naira crisis, the total amount of currency-in-circulation in the Nigerian economy has tumbled from N3.3tn to N1.54tn, a Central Bank of Nigeria document...
Against the backdrop of attacks on bank workers arising from the shortage of currency in the system, the organised labour in the banking sector yesterday ordered...
E-commerce company, Jumia, has announced that it laid off 900 employees following the slashing of 20 per cent of its workforce. The company disclosed this on...
Over 50 per cent of Point of Sale operators have shut down their businesses as scarcity of the new naira notes persists. Mr Hussein Olanrewaju, the...
The Association of Corporate Affairs Managers of Banks (ACAMB) has faulted claims that banks are hoarding the new naira notes but expressed optimism that the scarcity...
Traders at the two major markets at the sprawling Lagos International Trade Fair Complex, Balogun and Article markets, yesterday shut their shops to collect Permanent Voter...
Former lawmaker, Senator Shehu Sani has alleged that banks are hoarding the redesigned Naira notes for politicians in the February elections. There has been outrage across...
The Enugu Electricity Distribution Company (EEDC), has said the recent minor electricity tariff adjustment of about 13 per cent reflected current economic realities in the country...
Twenty-one depots belonging to the Nigerian National Petroleum Company Limited and meant for the storage of petroleum products, particularly Premium Motor Spirit, popularly called petrol, are...