The U.S. Secret Service has seized $860,000 from a Nigerian cryptocurrency account after investigations on a money trail indicated the funds were proceeds of a coordinated business email scam, according to court filings obtained by Peoples […]
Less than a month after the Port Harcourt Refining Company appeared to have resumed production, the facility has stopped working. Our correspondent, who visited the refinery on Thursday, December 19, 2024, observed that the lifting […]
The United States Supreme Court is set to discuss Nigeria’s legal battle with Zhongshan Fucheng Ltd on January 10, 2025. The court will examine Nigeria’s petition to overturn lower court rulings and avoid paying $70 […]
Dangote Petroleum Refinery has announced a reduction in petrol prices to N899.50 per litre, aiming to provide relief for Nigerians ahead of the Christmas and New Year holiday season. In a statement, spokesperson Anthony Chiejina […]
The U.S. Environmental Protection Agency (EPA), on Wednesday, approved the plan by California to ban the sale of gasoline-only vehicles by 2035 as part of the state’s regulatory efforts towards cleaner energy. According to Reuters, […]
The Economic and Financial Crimes Commission (EFCC) Enugu zone, says it has arraigned two bankers for allegedly selling mint naira notes (valued at N500,000) to customers. In a statement on X on Tuesday, the EFCC […]
There is no end in sight yet to the low cash supply by commercial banks as customers face increasing difficulty with cash withdrawal, checks by Daily Trust have shown. There are indications that commercial banks […]
In the ever-evolving landscape of cryptocurrency, Jara emerges as a game-changer, redefining how users interact with their digital assets. Built on the principles of privacy, security, and user empowerment, Jara offers a seamless and innovative […]
The Central Bank of Nigeria (CBN) has reiterated that both the old and redesigned naira notes of N1,000, N500, and N200 denominations will remain legal tender indefinitely, putting to rest rumours of a 31 December deadline for […]
There is a surge in the hawking of naira notes at exorbitant charges in different parts of the country, as Nigerians continue to struggle with limited access to cash in banking halls despite threats by […]
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