Category: BUSINESS

Securities and Exchange Commission (SEC) says over $50 billion worth of cryptocurrency transactions were recorded  in Nigeria between July 2023 and June 2024, lamenting  low patronage in Nigeris. The Director-General of SEC, Dr Emomotimi Agama, who disclosed that on Sunday  in a statement said, the situation raised concern over the low participation of citizens in the…

Central Bank of Nigeria has commended the  country’s removal from the Financial Action Task Force grey list , describing it as a global vote of confidence in Nigeria’s ongoing financial reforms and anti-money laundering framework.  Acting Director of Corporate Communications, Hakama Sidi Ali, in a statement made available to Newsmen on Saturday, in Abuja said…

…Cautions against excessive borrowing  The 50Th President of the Institute of Chartered Accountants of Nigeria ( ICAN) Chidi Ajaegbu has urged government at all levels to embrace capital market in their long term infrastructural development , strengthen the judiciary, noting that lack of effective rule of law  results to weak  contractual  enforcement and procurement capacity…

Central Bank of Nigeria (CBN) says Nigeria’s gross official reserves rose by nearly $1.1 billion to $42.574 billion as of Friday, October 10, 2025, showing  renewed investor confidence, improved export receipts, and more robust foreign exchange (FX) management. The reserve declined in June, when it was $1.2 billion largely due to external debt servicing,  6…

Enugu State Government  in collaboration with a socio- cultural group, Ezeagu in Diaspora disclosed that  over 1000 youth  will be trained in  different skills in the 2025 youth empowerment program organised by the Ezeagu in Diaspora International Association reiterating  commitment to youth empowerment. Secretary to the State Government (SSG), Prof. Chidiebere Onyia, made this known …