
File Photo: Kingsley Moghalu
Former presidential candidate, Kingsley Moghalu, has said that $500 million worth of Bitcoin has been traded in Nigeria within the last five years.
Moghalu, who was once the Head of Directorate of the...

Dangote Group says its cement is cheaper in Nigeria than in Ghana and that it is losing dollar earnings focusing on the Nigerian market.
“To ensure that we meet local demands, we had to suspend exports from our recently inaugurated...

The management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories and plants across Nigeria (as of 12th April 2021) is N2,450 in Obajana and Gboko and N2,510 in Ibese, inclusive of VAT.
The...

Founder and chairman of Dangote Group, Aliko Dangote
The Dangote Cement Group sells its product in Southern African country, Zambia, for at most 110 Kwacha, which equals about N1 800 in Nigeria, while the same product sells for not...

Amazon has concluded plans to open its African headquarters in South Africa with a real estate investment of over R4 billion.
Authorities in Cape Town said Amazon would be occupying a new development in River Club, a prime section...

An American multinational hamburger fast-food chain, Burger King, is expected to start its operations in Nigeria by the fourth quarter of 2021.
The company is also expected to employ about 6,000 people (direct and indirect) in the...

Former presidential candidate, Kingsley Moghalu, has said that $500 million worth of Bitcoin has been traded in Nigeria within the last five years.
Moghalu, who was once the Head of Directorate of the...

Nigerians have condemned the directive by the Central Bank of Nigeria to commercial banks and all non-banking financial institutions, banning transactions involving cryptocurrencies.
The CBN gave the directive in a statement on...

The Central Bank of Nigeria has warned commercial banks and all non-banking financial institutions to desist from dealing in cryptocurrencies and other related transactions.
The country’s apex bank further ordered banks to close...

The Bauchi State Hisbah Board has confiscated 260 crates of alcoholic drinks from hotels and nightclubs as part of its effort to enforce Sharia Islamic code.
The...