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Nigeria’s foreign capital from US investors dropped by 88% in Q4 2023
According to the National Bureau of Statistics (NBS), Nigeria saw a significant 88% decline in its foreign capital inflow from the United States during...
NCC reiterates the deadline of February 28 for connecting SIM-NIN
The Nigerian Communications Commission (NCC) has upheld that February 28 is the deadline for cutting phone connections without National Identity Numbers (NIN).
Reuben Mouka, the...
Bitcoin holder, MicroStrategy’s X account hacked, users lose $440,000
MicroStrategy Inc., the largest publicly traded corporate Bitcoin holder, had its X account hacked, resulting in a $440,000 loss for unwary customers due to...
Nigeria has the second-highest oil production costs in the world
Crude oil production is far less expensive in Iran, Saudi Arabia, and war-torn Iraq than it is in Nigeria, the continent's largest oil producer.
Nigeria...
CBN Offers N1.58 Trillion in Treasury Bills with 19% Interest Rate
In its most recent Treasury Bills auction, the Central Bank of Nigeria (CBN) auctioned an astounding N1.58 trillion as the top bank carried out...
