The Naira fell on Monday and bid-ask spreads widened as the local spot currency market struggled with a scarcity of U.S. dollars, traders said.. One dealer...
One of the largest cryptocurrency exchanges by volume, Binance, has removed naira from its trading pairs after the Central Bank of Nigeria asked banks and other...
The Central Bank of Nigeria (CBN) has reacted to condemnations trailing the directive to Deposit Money Banks (DMBs) to desist from transacting in cryptocurrencies.. In a...
The Federal Government has revealed that it has disbursed of N27 billion to Micro Small and Medium Enterprises (MSMEs) as part of the MSMEs Survival Fund...
Foreign capital flow into Nigeria plummeted by more than half in 2020 to $9.68bn, its lowest level in four years, the National Bureau of Statistics said...
The apex bank has warned that financial institutions who breach this directive would face severe sanctions. The Central Bank of Nigeria (CBN) has directed Deposit Money...
Dogecoin just gained 79% after the richest man on earth, Elon Musk called it “the people’s crypto”. The PayPal, spaceX and Tesla founder has always been...
The international oil benchmark, Brent crude, rose more than two per cent on Tuesday, hitting a 12-month high after major crude producers showed they were reining...
Elon Musk came out as a believer in bitcoin on Friday — and now he’s doubling down. The billionaire Tesla boss last week added the hashtag...
Abdullahi Ganduje, governor of Kano state, says there should be a law banning the movement of cattle from the north to the south. Speaking with journalists...
