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ABCON Urges FG To Ban Binance’s Operations In Nigeria
The Association of Bureaux De Change Operators of Nigeria (ABCON) has advised the Federal Government to ban Binance from operations in the country, alleging that the company is partly responsible for the depreciating value of the Naira in the FX market. Binance is a global online FX platform that avails users the opportunity to trade […]
N25bn Damages Suit: FIRS, First Bank, Plaintiff To Settle Out Of Court
A Federal High Court, Abuja has granted granted the prayers of the Federal Inland Revenue Service (FIRS), First Bank of Nigeria Limited and an indigenous company, Biatemp Ventures Ltd, seeking an out of court settlement in a N25 billion damages suit filed against the lender and the FIRS by the firm over alleged account manipulation. […]
Reps Summon Emefiele, Idris Over Alleged N33Bn Pension Scam
The House of Representatives on Thursday summoned the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, to appear before it over alleged discrepancies in N33 billion pension deductions remittance by National Pension Commission (PenCom). The lower chamber of the Legislature also asked the Accountant-General of the Federation (AGF), Ahmed Idris, to appear with […]