businesspick

After the collapse of two US banks and record outflows from smaller lenders, the banking industry is shifting its concern from an immediate crisis to a medium-term worry: economic growth.…

The world’s biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the US Commodity Futures Trading Commission (CFTC) on Monday for operating what the regulator…

Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago, according…

The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease the…

The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease the…

The Federal Government says the proposed national carrier, Nigeria Air is to commence full operations before the end of the administration of President Muhammadu Buhari. The Minister of Aviation, Hadi…

Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion or more last year, has been charged with fraud by US prosecutors. An eight-count indictment…

The Federation Account Allocation Committee (FAAC) has shared N722.677 billion February 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communiqué…

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has apologised to Nigerians for the rise in failed electronic banking transactions. Emefiele, who spoke at the end of…

Central Bank of Nigeria’s Monetary Policy Committee has voted to increase the benchmark interest rate by 50 basis points to 18. percent. This was disclosed by the CBN Governor, Godwin…