Home / Business

Business

Fish Farmers Lose ₦500m Investment To Flood In Ogun

Fish farmers in Ijebu-Ode, Ogun State, have lamented the loss of N500m worth of investment to the July 8 flooding which swept away fish ponds in the area. DAILY POST gathered that over 200 farmers whose ponds were located at ...

Read More »
business gist

A giant ship’s engine; Expertise and experience, that’s expensive.

A giant ship’s engine broke down and no one could repair it, so they took it to a Mechanical Engineer with over 40 years of experience.He inspected the engine very carefully, from top to bottom. After seeing everything, the engineer ...

Read More »
dollar ban

Dollar rises by 21%, FX shortage persists after party primaries

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 ...

Read More »
mtn momo

CBN grants final approval for MTN to start banking operations as Momo PSB

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 ...

Read More »

Nigeria drags JP Morgan over controversial oil deal, demands $1.7 billion as damages

Nigeria has instituted legal action in a London court against American banking and financial service group, JP Morgan Chase, claiming over $1.7 billion in damages over its role in the disputed 2011 Malabo oil deal, as the hearing commences on ...

Read More »
Flour Mills

Northern Nig Flour Mills gains ₦240 million in market value, up 20% in two days

At the end of two trading sessions, Northern Nig Flour Mills Plc share price has appreciated by 20.60% to close at N7.90 per share, taking the Market capitalization from N1.17 billion on Thursday to N1.41 billion at the end of ...

Read More »
Bitcoin glossary 70 phrase in cryptoworld

Bitcoin glossary: Top 70 – Every blockchain and cryptocurrency phrase you need to know.

Click here to Read full post after confirming you are above the age of 18.

Read More »
Bitcoins

I am from Nigeria, My country banned buying of cryptocurrencies through banks. How do I buy and where?

You can buy from the biggest cryptocurrency trading platform in the world called binance. Once you are done signing up, you will have to complete your KYC(know your customer), if you are having problems with ID, you can also use advance ...

Read More »
bitcoins

Bitcoin Whale Moves Over $1,000,000,000 in BTC – Here’s Where the Crypto Is Headed

A Bitcoin whale is transferring over a billion dollars worth of BTC during a correction that’s affecting the overall crypto markets. According to blockchain tracker Whale Alert, the large holder of Bitcoin moved 15,078 BTC from an unknown wallet to ...

Read More »
bitcoin

Nigeria’s 24.2% Bitcoin Adoption Rate: The Highest Rate of Crypto Ownership Globally

Bitcoin Is the Most Popular Coin in Nigeria In addition to finding the West African nation as the country with the highest proportion of citizens that hold cryptocurrencies globally, the survey also discovered that “of the 1 in 4 online ...

Read More »