FG to Revoke DisCos licences Over Blackout The Federal Government, on Wednesday, declared that it would withdraw the operating licences of power distribution companies that were intentionally not supplying electricity to consumers across the country, leading to widespread blackouts in Nigeria. It stated that despite efforts...

CBN Directs Mortgage Banks to Submit Returns, Threatens Sanction  The Central Bank of Nigeria has warned all primary mortgage banks in the country regarding the timely submission of regulatory returns. This was as it also issued a stern warning to Development Finance Institutions and Microfinance Banks. In...

Bank of Ghana suspends FX trading Licences of two Nigerian Lenders The Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBN Bank Ghana Limited (FBN). The suspension takes effect from March 18, 2024, and it will...

Bank of Ghana suspends FX trading Licences of two Nigerian Lenders The Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBN Bank Ghana Limited (FBN). The suspension takes effect from March 18, 2024, and it will...

Bitcoin Tumbles as $1bn Liquidated from Crypto Market in 24 Hours Over $1 billion liquidated from the cryptocurrency market over the past 24 hours. This was followed by Bitcoin surging to a new all-time high in more than two years, yet the original cryptocurrency didn’t...

Bitcoin Tumbles as $1bn Liquidated from Crypto Market in 24 Hours Over $1 billion liquidated from the cryptocurrency market over the past 24 hours. This was followed by Bitcoin surging to a new all-time high in more than two years, yet the original cryptocurrency didn’t...