The expenses were largely under five heads – accommodation, venue charges, security, transportation and miscellaneous ...

Nigeria's huge Dangote Petroleum Refinery announced on Wednesday that it was temporarily suspending fuel sales in the local ...

Amid Nigeria’s economic crisis, crypto offers a lifeline for citizens. The government is finalizing new regulations for ...

Nigeria has suffered chronic dollar shortages that have forced authorities to devalue the naira as part of the government's measures to stabilise the currency and attract investment. Coupled with ...

Nigeria has suffered chronic dollar shortages that have forced authorities to devalue the naira as part of the government's measures to stabilise the currency and attract investment. Coupled with high ...

Nigeria has urged West African Ministers of ... from across West Africa to discuss the planned launch of the Eco currency by 2027 and strategies for achieving regional economic stability.

According to data from the Central Bank of Nigeria, the Nigerian currency started the week on a weak note at 1,528.03/$, down from 1,517.93/$ in the previous trading session. The naira depreciated ...

The legal action followed an earlier incident in which Nigerian authorities detained one of Binance’s US-based staff members, Tigran Gambaryan, in connection with a money laundering investigation.

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Get this delivered to your inbox, and more info about ...

“In countries experiencing currency devaluation ... impacts than those that impose strict controls or bans. For Nigeria, Waturuocha believes that embracing blockchain and cryptocurrency could ...