ALO360

CBN concludes testimony against Binance over alleged unauthorized operations in Nigeria

The Central Bank of Nigeria (CBN) wrapped up its testimony against Binance on Friday, accusing the cryptocurrency platform of conducting “hidden operations” in Nigeria without proper authorization. Dr. Olubukola Akinwunmi, Director of Banking Supervision at the CBN. Presented his final statements before Justice Emeka Nwite at the Federal High Court in Abuja. The case, initiated…

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Tulupay announces prelaunch of its financial operating system (FOS)

Tulupay, a subsidiary of Fintech Inclusion Holdings, is revolutionizing pan-African payments and financial services. With active operations in Estonia and a presence in Nigeria, Kenya, Ghana, Rwanda, and other markets, the company has unveiled its Financial Operating System (FOS). This unified financial ecosystem bridges Web2 and Web3 technologies to create a secure, interoperable, and advanced…

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Airlines suspend a over jet fuel crisis, warn action still looms

Members of the Airline Operators of Nigeria (AON) have temporarily suspended their planned nationwide shutdown scheduled for April 20, 2026, following an appeal by the Federal Government. The decision was announced after an emergency meeting, with the group describing the move as “concessionary but conditional.” The suspension comes after airlines threatened to halt operations due…

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Aliko Dangote plans to list 10% of refinery on African stock exchanges

Aliko Dangote, Africa’s richest man, is preparing to list about 10% of his oil refining company on multiple African stock exchanges. This move aims to raise funds for the next phase of expansion across his industrial empire. The listing will involve Dangote Petroleum Refinery and Petrochemicals FZE, with Dangote confirming that shareholders will receive dividends in…

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