However, the balance in the Excess Crude Account (ECA), as at August 24 stands at 470,599.54 million dollars.
The UN Conference on Trade and Development (UNCTAD) has called for action to curb cryptocurrencies in Nigeria and other developing nations.
A U.S. court has jailed Nigerian money launderer 38-year-old Olumide Bankole Morakinyo for engaging in a scheme that defrauded the Texas Employees Retirement System.
An expert says the pullback was creating another new buy-in opportunity for the market.
Mr. Tinubu is widely adjudged as the owner of The Nation, which neither he nor the outlet has denied several years on.
A new report by transparency group CISLAC says Nigeria’s real estate has become an asylum for stolen wealth.