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Nigeria: Okorie Drags Zenith Bank to CBN Over ‘Disappearance’ of $64.1 Million
Nigeria: Okorie Drags Zenith Bank to CBN...

Nigeria: Okorie Drags Zenith Bank to CBN Over ‘Disappearance’ of $64.1 Mill...

An alleged disappearance of over $64 million from the vaults of the Zenith Bank has landed the multinational financial services provider in trouble. Zenith bank is rated as a large financial service provider in Nigeria and Anglophone West Africa. As at the ending of 2016, her total assets was N4.7... read more »

Nigeria: Google Issues a Statement on Inaccurate Currency Converter Issue with the Naira
Nigeria: Google Issues a Statement on In...

Nigeria: Google Issues a Statement on Inaccurate Currency Converter Issue w...

Following the curious 50% drop recorded in Nigeria’s exchange rate on Google’s currency converter yesterday, Google has issued a statement. In a tweet, the IT giant twitted that they were aware of the situation and will remove the converter box until the issue is resolved. The rate... read more »

Breaking News: Naira Returns to 361 to a Dollar
Breaking News: Naira Returns to 361 to a...

Breaking News: Naira Returns to 361 to a Dollar

Google currency converter shows naira to dollar has now returned to 361 to a dollar. A few hours ago, Nigerians were shocked to see on Google currency converter that the exchange had dropped to 184 to a dollar and 240 to a pound. See Also: Breaking News: Dollar Exchanges $1 to N184 Though the... read more »

Breaking News: Dollar Exchanges $1 to N1...

Breaking News: Dollar Exchanges $1 to N184

In a shocking development, the exchange rate today dropped by half across board. Dollar to the Naira dropped from N360 to N184 while the Pound dropped from over N400 to N240. There is no clear indication of why this exchange rate is reflected on internation exchange rate calculators while the... read more »

Nigeria: Wike Snubs Media, Presents N.5 Trillion Budget
Nigeria: Wike Snubs Media, Presents N.5 ...

Nigeria: Wike Snubs Media, Presents N.5 Trillion Budget

Governor Nyesom Wike of Rivers State on Christmas eve presented the 2019 Appropriation Bill of around half a trillion naira to the state House of Assembly for necessary legislative action without inviting the press for the presentation ceremony. Wike does not seem to be enjoying getting the press... read more »

More from Business

Opinion: Shocking Fact - Why Nigeria's Power Sector Privatization is not Succeeding

Opinion: Shocking Fact – Why Nigeria’s Power Sector Privatization is not Succe...

Despite the fact that privatisation was necessary, the wicked 1999 Constitution actually planned its failure by bringing up agencies, controls and over Lordship that must kill it. So the... read more »

Nigeria: Angry Youths Disrupt Oil Production As Akwa Ibom Crisis Takes Toll On American Oil Major

Nigeria: Angry Youths Disrupt Oil Production As Akwa Ibom Crisis Takes Toll On American Oi...

The unfolding political crisis in Akwa Ibom State, one of the big oil states in Southern Nigeria that has been relatively very peaceful till the advent of a seeming czarist regime in 2007,... read more »

Nigeria: 38 Groups On Warpath Over Agricultural Biotechnology

Nigeria: 38 Groups On Warpath Over Agricultural Biotechnology

The move by the Federal Government of Nigeria under President Muhammadu Buhari’s watch to sway the citizenry to accept agricultural biotechnology has drawn the ire of 38 civic groups in... read more »

Nigeria: Return Our Stolen Asset, Not Give Doomsday Prophecy On 2019 - Presidency to HSBC

Nigeria: Return Our Stolen Asset, Not Give Doomsday Prophecy On 2019 – Presidency to...

PRESIDENCY WANTS HSBC TO RETURN OUR STOLEN ASSETS, NOT GIVE US DOOMSDAY PROPHECY ON 2019 The Presidency wishes to make clear to all Nigerians, and particularly the global banking giant HSBC... read more »

Nigeria: Buhari Replaces Adeosun with a Northerner

Nigeria: Buhari Replaces Adeosun with a Northerner

Following the resignation of Nigeria’s Finance Minister, Kemi Adeosun over the forgery of her NYSC exemption certificate, Buhari has replaced her with a Northerner, Mrs Zainab Shamshuna... read more »