The dollar exchanged at N603 (average) at Lagos and Abuja parallel markets on Tuesday, indicating a worsening liquidity crisis in the foreign exchange market of Africa’s biggest oil producer.Between June 2021, and June 2022, the dollar-to-naira exchange rate has risen ...

World heavyweight boxer, Tyson Fury has confirmed that he is done with boxing following his victory over Dillian Whyte. The British man made the announcement on Pierce Morgan’s uncensored show on Wednesday, April 27th, 2022. According to the Boxer, he ...

The Central Bank of Nigeria (CBN) has granted MTN the final approval to operate as Momo Payment Service Bank Limited (Momo PSB). This was disclosed in a press release titled “THE CENTRAL BANK OF NIGERIA GRANTS FINAL APPROVAL FOR MOMO PAYMENT SERVICE ...

By Michael Hudson and posted with the author’s permission It is now clear that today’s escalation of the New Cold War was planned over a year ago, with serious strategy associated with America’s plan to block Nord Stream 2 as ...

The Central Bank of Nigeria (CBN) has fined three banks a total of N800million for failing to comply with the directive to block customers from transacting in cryptocurrencies.Recall that in February 2021, the apex bank directed banks to close accounts of ...

A US district judge has ordered Cisco to pay $1.9 billion to Centripetal Networks, Inc., for infringing on four patents related to cybersecurity. Founded in 2009, Centripetal focuses on cyber threat intelligence, providing solutions that help organizations defeat cyber-attacks. The ...

The Super Eagles of Nigeria have had their first training session ahead of their second leg game against the Black Stars. Both teams are looking forward to getting one of the five tickets allotted to Africa for the World Cup that will be ...

Real Madrid defender, David Alaba has issued a public apology to fans on behalf of his teammates after their disgraceful defeat to Barcelona, Newspremises reports. Real Madrid have been in a fine form recently, staging a comeback against Paris-Saint Germain ...

The Federal government has turned off some illegal financial institutions operating in a few elements of Lagos State.Naija News reports that the illegal financial institutions were turned off following customers’ complaints of malpractices and invasion of privacy. In a conversation ...

With just 13 days to the mouth-watering double-header  clash between Nigeria and Ghana for a place at the 2022 World Cup in Qatar, Super Eagles head coach Austin Eguavoen is torn between deciding who will lead his attack as they hope ...