Nigeria Financial News
23.05 / 22:41
Binance
Citizens
Justice
reports
Courts
rowing
Detained Binance Executive Tigran Gambaryan Collapses During Money Laundering Trial in Nigeria
In a dramatic turn of events, Tigran Gambaryan, a detained executive of cryptocurrency exchange Binance , collapsed in court due to alleged ill health during his ongoing money laundering trial on May 23, as reported by Vanguard .
23.05 / 13:59
UPS
Man
wellness
Photos
rights
Videos
King's guard horse bites woman tourist as she touches it; netizens say, 'well earned'
ALSO READ: Prince Harry declined King Charles’ invitation while saying his father was ‘too busy’ to meet him: ReportRecently, in a video, a King's Guard horse bit a tourist after she touched it for a photo. This video has gone viral.According to the video, a woman was seen putting her hand on the horse's neck while posing for a picture outside the Horse Guards Parade in London's Westminster.In a matter of few seconds, this act probably irked the horse, and then he bit the woman.
22.05 / 21:49
Man
Duke
film
Bill
Diversity
show
classical
Car Wash: All you need to know about comedy show’s plot and creators
NBC is working on a new comedy series based on the cult classic film «Car Wash» from 1976. The series, produced by Malcolm D. Lee of «The Best Man» franchise, and written by Opey Olagbaju, known for work on «Bob Hearts Abishola» and «Close Enough,» will explore the lives of an immigrant family and their diverse group of employees at a modern-day DC car wash. Plot
21.05 / 11:41
Williams
Netflix
BBC
Duke
love
2020
reports
Prince Harry’s reconciliation efforts with family face renewed opposition from two royals, says report
BBC royal correspondent Jennie Bond has told Times Radio that Prince Harry, who previously aired his grievances through his revealing memoir, Spare, and his docu-series on Netflix, is experiencing a change of heart. However, she said, “Tables have turned somewhat." Jennie Bond told Times Radio, “Messages coming from Harry's side are that he's ready at last to forgive and that he loves his family." She added, “He's said that quite publicly.
19.05 / 07:31
Williams
Action
Charity
Experts
dance
2020
Schools
Why did Prince Harry and Meghan Markle's visit to Nigeria leave King Charles ‘furious’?
Nigeria has sparked controversy within the British royal family. Royal expert Tom Quinn told The Mirror that the visit, which included traditional elements of a royal tour such as receptions, school visits, and meetings with wounded soldiers and the disabled, has left Prince William and King Charles “absolutely furious." Despite stepping back from royal duties in 2020, the couple's actions during the trip have caused considerable consternation among senior royals, as it closely resembled an official royal tour.
17.05 / 20:19
Binance
Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court
Tigran Gambaryan, the Binance executive detained in Nigeria, was denied bail on his 40th birthday, according to a court hearing in Abuja on Friday.
15.05 / 12:43
Kucoin
Binance
security
Trade
P2P
reports
compliance
KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance
KuCoin has made the decision to suspend all naira-based peer-to-peer (P2P) trading in response to increased scrutiny from Nigeria’s regulatory authorities.
15.05 / 10:53
markets
Strategy
Sustainability
Election
Food
reports
International
Devyani's domestic struggles continue as it integrates Thai acquisition
Motilal Oswal Financial Services. KFC and Pizza Hut – Devyani's mainstays in India, accounting for more than 60% of total revenue – continued to struggle in Q4 amid lower disposable incomes, weak consumer sentiment, and increased competition for Pizza Hut. Same-store sales growth, a key measure of comparable sales, paints a concerning picture.
15.05 / 08:53
markets
UPS
Target
Progressive
Experts
reports
Bharti Airtel: Should you buy, sell or hold the stock after Q4 earnings? Here's what experts suggest
₹1,293.15 per share, reflecting a modest increase of 0.69% at 01:30 p.m. After initially surging by 2% during the early morning session in response to the company's Q4 and full fiscal year (FY24) results announcements, released after market hours on Tuesday, the stock failed to maintain its momentum as the day progressed. The company reported a significant decline in profit, which more than halved to ₹2,068 crore in the fourth quarter ended March 31, compared to ₹3,005.6 crore a year ago.
14.05 / 14:53
markets
UPS
Provident
Digital
performer
reports
Airtel’s Q4 profit dragged down 31% on forex losses
NEW DELHI : Nigeria’s decision in February to devalue its currency for the second time in eight months as part of what are seen as market-friendly reforms have ended up severely hurting Bharti Airtel Ltd. Factoring out its African operations, however, India’s second-largest telecom services provider rang in improved financials for the March quarter, as it added nearly 8 million new subscribers while reducing customer churn. Bharti Airtel reported foreign exchange losses of ₹2,544 crore from its African subsidiary, which contributed to dragging down its fourth-quarter consolidated profit by 31% to ₹2071.6 crore.
14.05 / 11:17
Digital
Strategy
Mobile
Sustainability
wellness
reports
recommendations
Bharti Airtel Q4 Results: Profit slides 31% YoY to Rs 2,072 crore; dividend declared at Rs 8/share
Telecom major Bharti Airtel on Tuesday reported a 31% fall in its consolidated net profit at Rs 2,072 crore for the quarter ended March 2024. This compares with Rs 3,006 crore profit in the previous year's quarter. The profit missed the Street estimates by a wide margin, which saw the figure around Rs 3,274 crore.
13.05 / 08:23
markets
Platform
Crypto regulations
Trade
country
reports
Turkey’s Crypto Regulations Ready for Parliament, Draft Prioritizes Consumer Protection and Global Standards
Lawmakers in Turkey are reportedly set to submit a draft law on crypto regulation to the parliament this week.
13.05 / 08:23
12.05 / 22:23
UPS
Provident
Duke
reports
Schools
Colleges
Meghan Markle slammed for ‘very rude’ interaction during Nigeria tour with Prince Harry: Reports
Hindustan Times. The royal couple first arrived at Lightway Academy in Nigeria's Abuja and provided some rare details about their life and two children – Princess Lilibet and Prince Archie. The Duchess even spoke with schoolchildren about mental health and later was part of a panel at a Women in Leadership Nigeria event.
10.05 / 21:11
IMF
crypto regulation
International Monetary Fund Tells Nigeria To Regulate Crypto Trading Platforms
The International Monetary Fund (IMF) recommended on May 10 that Nigeria regulate crypto trading platforms amid the African nation’s detainment of two Binance executives, according to a United Nations Thursday staff report.
10.05 / 16:12
UPS
Death
Duke
students
love
Schools
Prince Harry opens up on ‘pain of losing loved ones’ during Nigeria trip with Meghan Markle
Harry went down memory lane to recall the challenging phase following the death of his mother, Princess Diana. "When you lost a loved one in your family and you don't know who to turn to or who to speak to," Prince Harry said during the event focused on mental health.
10.05 / 14:07
security
Duke
students
dance
Schools
athletics
Prince Harry, Meghan Markle begin Nigeria visit for Invictus Games after King Charles ‘second snub’
Prince Harry for wounded military veterans. Prince Harry and Meghan attended the inauguration of a mental health initiative at a school in the Nigerian capital, Abuja. Welcomed by a traditional Igbo drum and dance ensemble, the couple made their way to Lightway Academy, where they were enthusiastically greeted by the students.
09.05 / 06:17
Binance
CEO
IOTA
information
reports
Investigations
Nigeria Pushes Back Against Binance, Claims CEO’s Bribe Allegation ‘Lacks Any Iota of Substance’
Nigeria has fired back at Binance Holdings’ bribe accusation, claiming it’s a distraction to shift focus away from the exchange’s actions.
07.05 / 17:53
Binance
Binance CEO Claims Nigeria Demanded Secret Settlement From Now Detained Binance Executive In January
Now detained Binance executive Tigran Gambaryan and representatives of the crypto exchange were allegedly pressured by a government official to accept a secret agreement to settle Nigeria’s claims against the exchange, Binance CEO Richard Teng revealed in a blog post on Tuesday.
07.05 / 15:01
P2P
Nigeria to Delist Naira From Crypto P2P Space to Curb Manipulation
The Federal Government of Nigeria, through the country’s regulator, is considering to delist the naira from all peer-to-peer (P2P) platforms.
07.05 / 13:39
Binance
Platform
security
Trade
Justice
reports
Courts
Binance suggests bribe sought to make Nigeria problems 'go away'
Binance Holdings Ltd. said it was asked for a large payment in Nigeria to make problems there “go away,” and repeated calls for the release of its employee who’s been jailed in the West African nation.
breaking news about Nigeria
What is the current situation in Nigeria?
In Nigeria, the spotlight is on local government initiatives that affect the region’s daily life.
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We publish verified updates about the situation in Nigeria, based on information from official representatives.
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The news landscape of Nigeria is shaped by major cultural and social events, reflecting its specific characteristics.