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Nigeria Records Over $50 Billion Cryptocurrency Transactions in One Year

Abuja: The Securities and Exchange Commission (SEC) says over $50 billion worth of cryptocurrency transactions flowed through Nigeria between July 2023 and June 2024. The Director-General of SEC, Dr. Emomotimi Agama, highlighted the situation in a notice on Sunday, expressing concern over the low participation of citizens in the traditional capital market. According to News […]

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CBN Commends Nigeria’s Removal from FATF Grey List

Abuja: The Central Bank of Nigeria (CBN) has welcomed the Financial Action Task Force’s (FATF) formal removal of Nigeria from the list of jurisdictions under increased monitoring, known as the ‘grey list’. Mrs. Hakama Sidi-Ali, CBN’s Acting Director of Corporate Communications, made this announcement in a statement on Saturday. According to News Agency of Nigeria, […]

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Fashola, Gbajabiamila Named Patrons of Lagos Elite Social Club

Lagos: A Lagos-based elite social group, the Fs Club, has named former Lagos Governor, Babatunde Fashola, and the Chief of Staff to the President, Femi Gbajabiamila, as patrons. According to News Agency of Nigeria, the club said both men were chosen for their public service records and contributions to national development. At its 45th anniversary […]

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Lambata-Lapai-Bida Road: FG Directs Contractor on Palliative, Expedite Action

Lambata: The Federal Ministry of Works has expressed dissatisfaction with the level of mobilisation by the contractor handling the Lambata-Lapai-Bida Road project, urging faster action. Minister of Works, David Umahi, while inspecting the road on Saturday, emphasised the need for urgency in the rehabilitation against the backdrop of the tanker explosion that claimed many lives […]

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Gov. Radda Outlines Transformation of Institutions and MSMEs in Katsina

Katsina: Gov. Dikko Radda of Katsina State has provided a detailed account of how his administration has been transforming institutions and strengthening Micro, Small, and Medium Enterprises (MSMEs) in the state over the past two years. Radda highlighted several strategic initiatives aimed at fostering economic growth and job creation. According to News Agency of Nigeria, […]