Binance, a cryptocurrency platform, has reacted to the report that one of its detained executives, Nadeem Anjarwalla, escaped from custody in Nigeria. The spokesperson for Binance confirmed Anjarwalla’s escape in a statement sent to the DAILY POST on Monday. DAILY POST reports that Anjarwalla, Binance’s Africa regional manager, escaped from custody …
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CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength
The Central Bank of Nigeria has issued a circular to Bureau De Change operators (BDCs) informing them that they sold $10,000 to each BDC at a rate of N1,251/$1. In a circular seen by Nairametrics, each BDC is to sell the dollars to eligible customers at a rate not exceeding …
Read More »Bobrisky Wins Best Dressed Female With 1 Million Cash Prize At Ajanaku Premiere (Video)
https://www.youtube.com/watch?v=AbCeSJYW7HQ?si=P4oRraY1_VuwUeGj Social media users have been astounded as crossdresser Bobrisky took home the title of Best Dressed Female at the Ajanaku movie premiere, leaving many in disbelief. The event, held at Circle Mall in Lekki, saw numerous celebrities including Odunlade Adekola, Toyin Abraham, Mercy Aigbe, and Iyabo Ojo showing their …
Read More »BNS Institute of Cybersecurity offers Free Tuition Fees For Students
You are welcome to BNS Institute of Cybersecurity, a pioneering online institution dedicated to providing accessible and comprehensive Cybersecurity education at no cost. The Institute is established with the mission to make high-quality cybersecurity education accessible to all, we offer comprehensive courses at absolutely no cost. At BNS Institute of …
Read More »Top 10 States That Borrowed From The CBN To Pay Salaries In Nigeria
Not less than 31 state governments in Nigeria borrowed N457.17 billion to pay salaries to their respective civil servants. This borrowing was facilitated through the Salary Bailout Facility (SBF), an intervention by the Central Bank of Nigeria (CBN). Here are the top 10 states that benefitted most from the loan: …
Read More »Ugandan prophet who infected teenager with HIV is jailed 40 years
A fake prophet has been sentenced to 40 years in prison by the High Court in Kampala, Uganda for se.xually assaulting and infecting a 16-year-old girl with HIV/AIDS. Elijah James Kimera, who led the All Faith Centre Church of All Nations in Lusanja, Wakiso District, was described by Justice Margaret …
Read More »MTN, Dangote, others lose trillions to naira depreciation
Dangote Group, Nestle Nigeria and MTN Nigeria, alongside four of Nigeria’s most capitalised companies, lost N1.7tn to the depreciation of the naira in 2023. According to an analysis of their financial statements published on the website of the Nigerian Exchange Group, the listed firms incurred significant losses in the 2023 …
Read More »EFCC Obtains Court Order To Track Nigerians Transacting On Binance
Nigerians trading on the Binance platform may soon be guests of the Economic and Financial Crimes Commission (EFCC). On Monday, the Federal High Court in Abuja ordered Binance Holdings Limited to provide the EFCC with detailed information on all persons from Nigeria trading on its platform. The move follows a …
Read More »Wike begs for N500bn loan to finance 2024 budget
The Minister of FCT, Nyesom Wike, has asked the House of Representatives to approve a N500 billion loan to finance the N1.147 trillion 2024 budget of the territory. In his speech, the former Rivers State governor is proposing to borrow N500 billion from commercial banks to finance capital projects. During …
Read More »Dollar Supply Rises To $11 Billion, Naira Closes 1,572/$
Forex turnover at the official foreign exchange market has increased to $11.43bn within over two months of trading following fresh reforms by the Central Bank of Nigeria, findings by the PUNCH have shown. An analysis of reports and data of daily forex transactions recorded on the website of FMDQ Securities, …
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