Another setback has hit Nigeria as American fund management firm BlackRock Inc. has announced it is selling off its equity investments in the country citing liquidity challenges in these markets and difficulty in repatriating funds in dollars.
BlackRock Inc. also...
In the first five months of 2024, Nigeria has witnessed a remarkable surge in its expenditure on external debt servicing, as per the latest data released by the Central Bank of Nigeria (CBN). The figures paint a picture of...
Binance Holdings Ltd. has reported that Nigerian authorities have dropped certain criminal charges against one of its executives, who has been detained in the country since April.
According to a spokesperson from Binance, Nigeria’s Federal Inland Revenue Service amended the...