Advertisement
Bank of Ghana Suspends Forex Licenses of GTB and First Bank for Alleged Breaches
The Bank of Ghana (BoG) has suspended the foreign exchange (forex) licenses of two Nigerian-owned banks operating in the country: Guaranty Trust Bank (Ghana)...
Binance Leaves Nigeria Amid Crackdown, Asks Users to Withdraw Funds
Lagos, Nigeria - Leading cryptocurrency exchange Binance has announced that it will be discontinuing services in Nigeria amid an ongoing regulatory crackdown. In a...
Nigeria Fines Binance $10 Billion, Citing Alleged Illegal Activity
The Nigerian government has hit cryptocurrency exchange platform Binance with a $10 billion fine, accusing it of engaging in "illegal transactions" that contributed to...
Transcorp Power Debuts on NGX, Targets N1.8 Trillion Market Capitalization
Transcorp Power Plc, a subsidiary of conglomerate Transcorp Plc, has officially joined the Nigerian Exchange Limited (NGX) today, March 4th, 2024, through a listing...
Nigerian Blue Chips Battered by FX Losses: N1.24 Trillion Vanishes
Nigeria's foremost companies, often referred to as "blue chips," are facing significant challenges due to foreign exchange (FX) fluctuations. A recent report by Vanguard...
Advertisement