Ad
The UK’s Financial Conduct Authority told investors should be wary of any advice promising high-return investments, the report said. “There are risks with taking unregulated investment advice and we engage with social media platforms to have pages which breach our regulations taken down,” an FCA spokesperson told Cristina Criddle, a BBC tech reporter.about:blank Social media…
February 8, 2021
From Segun Amure, (The New Diplomat's Abuja Bureau) The Central Bank of Nigeria (CBN) has given reasons on its enforcement of ban on cryptocurrencies in Nigeria amid citizens' backlash. CBN explained that its circular dated February 5, 2021 did not place any new restrictions on cryptocurrencies in Nigeria. CBN who spoke through its Acting Director,…
February 8, 2021
By Abiola Olawale Adamu Garba, a former presidential aspirant, has on Saturday backed the ban placed on all accounts linked to cryptocurrency trading in the country by the Central Bank of Nigeria (CBN), stating that the ban will help the country in its fight against terrorism. According to him, the ban placed on all…
February 7, 2021
The Nigerian Civil Aviation Authority (NCAA) has notified the public of the immediate lifting of the suspension placed on Emirates Airlines operations in Nigeria. Capt. Musa Nuhu, the Director-General of NCAA made this known in a statement issued in Lagos on Friday. Earlier, the Presidential Task Force (PTF) on COVID-19 had directed for the…
February 6, 2021
From Segun Amure, (The New Diplomat's Abuja Bureau) The United States President, Joe Biden has officially endorsed Nigeria's candidate, Dr. Ngozi Okonjo-Iweala for the Director General position of the World Trade Organization (WTO). The Biden administration disclosed this in a statement released, Friday, by the United States Trade Representative's Office, where it said the U.S…
February 6, 2021
By Hamilton Nwosa(Head, The New Diplomat’s Polling, Research & Data desk) The total value of capital importation into Nigeria has plummeted from $23.9 billion in 2019 to $9.68 billion in 2020. It is the lowest in three years. This is a decline of 59.65 per cent within 12 months, according to data released by the…
February 5, 2021
From Segun Amure, (The New Diplomat's Abuja Bureau) The Federal government of Nigeria through its apex bank, Central Bank of Nigeria (CBN) on Friday, directed all banks and other financial institutions operating in the country to close accounts of persons or entities involved in cryptocurrency transactions within their systems. In a letter to Deposit Money…
February 5, 2021
Okonjo-Iweala Finally On Cusp Of History At WTO.. US Top Officials Court Biden's Support For Her Bid By Abiola Olawale South Korea has held back its candidate for the Director-General of the World Trade Organization (WTO), Yoo Myung-hee, making Dr. Ngozi Okonjo-Iweala, Nigeria's former finance minister, the sole candidate for the position. A statement by…
February 5, 2021
Exceeds Output Cut Target The Organisation of Petroleum Exporting Countries (OPEC) on Wednesday said Nigeria and its other members had achieved 101% adherence to crude oil output cut mandatorily agreed upon last year to curb huge supply glut. This is coming as oil price rose to $58 per barrel yesterday hitting over 11-month high after…
February 4, 2021
Advert
Ad
The UK’s Financial Conduct Authority told investors should be wary of any advice promising high-return investments, the report said. “There are risks with taking unregulated investment advice and we engage with social media platforms to have pages which breach our regulations taken down,” an FCA spokesperson told Cristina Criddle, a BBC tech reporter.about:blank Social media…
February 8, 2021
From Segun Amure, (The New Diplomat's Abuja Bureau) The Central Bank of Nigeria (CBN) has given reasons on its enforcement of ban on cryptocurrencies in Nigeria amid citizens' backlash. CBN explained that its circular dated February 5, 2021 did not place any new restrictions on cryptocurrencies in Nigeria. CBN who spoke through its Acting Director,…
February 8, 2021
By Abiola Olawale Adamu Garba, a former presidential aspirant, has on Saturday backed the ban placed on all accounts linked to cryptocurrency trading in the country by the Central Bank of Nigeria (CBN), stating that the ban will help the country in its fight against terrorism. According to him, the ban placed on all…
February 7, 2021
The Nigerian Civil Aviation Authority (NCAA) has notified the public of the immediate lifting of the suspension placed on Emirates Airlines operations in Nigeria. Capt. Musa Nuhu, the Director-General of NCAA made this known in a statement issued in Lagos on Friday. Earlier, the Presidential Task Force (PTF) on COVID-19 had directed for the…
February 6, 2021
From Segun Amure, (The New Diplomat's Abuja Bureau) The United States President, Joe Biden has officially endorsed Nigeria's candidate, Dr. Ngozi Okonjo-Iweala for the Director General position of the World Trade Organization (WTO). The Biden administration disclosed this in a statement released, Friday, by the United States Trade Representative's Office, where it said the U.S…
February 6, 2021
By Hamilton Nwosa(Head, The New Diplomat’s Polling, Research & Data desk) The total value of capital importation into Nigeria has plummeted from $23.9 billion in 2019 to $9.68 billion in 2020. It is the lowest in three years. This is a decline of 59.65 per cent within 12 months, according to data released by the…
February 5, 2021
From Segun Amure, (The New Diplomat's Abuja Bureau) The Federal government of Nigeria through its apex bank, Central Bank of Nigeria (CBN) on Friday, directed all banks and other financial institutions operating in the country to close accounts of persons or entities involved in cryptocurrency transactions within their systems. In a letter to Deposit Money…
February 5, 2021
Okonjo-Iweala Finally On Cusp Of History At WTO.. US Top Officials Court Biden's Support For Her Bid By Abiola Olawale South Korea has held back its candidate for the Director-General of the World Trade Organization (WTO), Yoo Myung-hee, making Dr. Ngozi Okonjo-Iweala, Nigeria's former finance minister, the sole candidate for the position. A statement by…
February 5, 2021
Exceeds Output Cut Target The Organisation of Petroleum Exporting Countries (OPEC) on Wednesday said Nigeria and its other members had achieved 101% adherence to crude oil output cut mandatorily agreed upon last year to curb huge supply glut. This is coming as oil price rose to $58 per barrel yesterday hitting over 11-month high after…
February 4, 2021
