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CBN freezes 11 Bank Accounts of Companies, Individual, Others

The Central Bank of Nigeria (CBN) on Wednesday announced that it got an interim order from the Federal High Court, Abuja division, to freeze 11 bank accounts of 5 companies and an individual for...

Shoprite Insists On Sales, Discontinuing Nigerian Outlets

Shoprite Holdings Limited, the parent company of Shoprite stores in Nigeria and other African countries, has again classified the Nigeria subsidiary as discontinued operations as it marks it for sale. The company had in August...

MTN Nigeria gains as NSE opens week with N145bn growth

The nation’s bourse resumed a new trading week on Monday with a growth of N145 billion due to buying interest in MTN Nigeria, MTNN, and 27 other stocks. Specifically, the market capitalisation which opened the...

Nigeria’s crackdown on Bitcoin echoes global crypto conundrum

Bitcoin: Lagos, Nigeria – When the Central Bank of Nigeria (CBN) issued a circular in early February warning banks and financial institutions that “facilitating payments for cryptocurrency exchanges is prohibited” and that they needed...

BREAKING: NPA suspends export cargo trucks from entering port

THE Nigerian Ports Authority, NPA, has suspended trucks carrying export cargoes into ports for the next fourteen days. This measure, according to the Authority, was put in place to allow them clear the backlog...

Seven Things You Must Do Before Getting a Divorce In Nigeria

Seven Things You Must Do Before Getting a Divorce in Nigeria. In this piece, Saheed Akinola esq, a legal practitioner, human rights crusader and...