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Forex Crisis: Presidency Confirms Ban Of Binance, AbokiFx, Others

The Presidency has banned online cryptocurrency and Foreign Exchange (Forex) platforms.The platforms have been banned from operating in the country.The Special Adviser to President Bola Tinubu on Economic Affairs (Office Of the Vice President), Tope Fasua, made the confirmation on Wednesday.Recall that the Federal Government had blocked the major online crypto platforms to avert the […]

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Hardship in Nigeria : FG Moves to Set Prices of Rice, Yam, Garri, Other Items as Food Crisis Worsens

The Nigerian government has declared its intention to regulate the prices of food items amidst soaring food inflation, according to the Minister of Agriculture and Food Security, Abubakar Kyari. In response to the escalating cost of food, which has become a significant concern for citizens, Kyari revealed this strategy during a recent announcement in Abuja. […]

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CBN Increases Exchange Rate For Cargo Clearance

The Central Bank of Nigeria (CBN) has increased the exchange rate for cargo clearance, marking the sixth adjustment in 2024 due to ongoing foreign exchange challenges. GoldenNewsNggathered that the rate has been set at N1,605 per US dollar, reflecting the latest measure to manage the fluctuating foreign exchange conditions. This adjustment was implemented on the […]

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JUST IN: Niger government, striking workers reach agreement

An agreement has been reached between the labour union and the state government, led by Governor Mohammed Bago, following the strike by the Niger State chapter of the Nigeria Labour Congress, NLC. The indefinite strike, which commenced on Wednesday, was called by the NLC after the state government failed to meet the workers’ demands.The strike […]

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CBN To Ban Binance: Nigerians Unable to Access Binance

CBN To Ban Binance: Nigerians Unable to Access Binance GoldenNewsNg gathered that the Nigerian government has recently imposed restrictions on access to Binance, the world’s leading cryptocurrency exchange platform. This move, aimed at curbing currency speculation activities, has disappointed and frustrated Nigerian users. Binance clarified that its platform is not designed for currency pricing, emphasizing […]

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Tinubu appoints new comptroller general of Nigeria Immigration Service

Nigerian Immigration Service (PHOTO CREDIT: Twitter)President Bola Tinubu has approved the appointment of Kemi Nandap as the Comptroller-General of the Nigeria Immigration Service (NIS), effective from 1 March.Mrs Nandap, a deputy comptroller grneral, takes over from Caroline Adepoju, whose term in office expires on 29 February.Before her appointment as CG, Mrs Nandap was the deputy […]

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Details of Tinubu’s Meeting With General Yakubu Gowon Emerge

Nigeria’s former head of state, General Yakubu Gowon, has emphasised the need for patience in assessing the outcomes of President Bola Ahmed Tinubu’s policies to ease the hardship in the country.Speaking to state house correspondents after meeting with the president in Aso Rock on Wednesday, February 21, Gowon said Tinubu is trying his best.Drawing parallels […]

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