28 Apr, 2024

Nigerian Gov’t fines Binance $10B?

Nigerian government fines Binance $10B over accusation of influencing exchange rate The Nigerian government has imposed a $10 billion fine on Binance, a cryptocurrency trading platform, over allegations of influencing the country’s forex crisis. The government claims that Binance engaged in illegal transactions that led to significant profits for the platform while causing substantial losses […]

3 mins read

Ngozi Okonjo-Iweala Biography

Ngozi Okonjo-Iweala is a Nigerian-American economist and international development professional with over 40 years of experience working in Asia, Africa, Europe, Latin America, and North America. She is the seventh and current Director-General of the World Trade Organization (WTO). She is the first woman and the first African to hold the position. Having taken office […]

5 mins read

OMAA Global Launches alternative fuel vehicles in Nigeria

OMAA Global has launched a range of alternative fuel vehicles, including minibuses that can either be powered by PMS, CNG, or LNG. According to AllAfrica, the founder of OMAA Chinedu Oguegbu, said, “The journey did not start today, having been in the automotive industry for almost 20 years working with global original equipment manufacturers (OEMs) […]

1 min read

Labour Party to increase minimum wage from N30,000 to N100,000 if elected into office in 2023

The presidential aspirant of one of the political parties making huge waves in the Nigeria politics right now Peter Obi has just recently released his manifestos. Amongst other things that was briefed in the manifestos is the introduction of a hourly wage rate as against the monthly wages that is used in the country Hourly […]

3 mins read

Med-View under crisis as First Bank allegedly invades it’s properties over a N4bn debt

The Med-View Airline management has expressed dissatisfaction on the invasion and sealing of its properties by some First Bank Plc officials over the alleged N4 billion debt owed to the bank. According to the Airline, the bank’s invasion its properties in Ikeja and Lekki (Lagos) was in contravention to the court process. According to the […]

1 min read