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Net Foreign Exchange Flow Increased By $0.7 Billion In July
Net foreign exchange (FX) flow through the Nigerian economy increased to US$3.08 billion in July 2021 from US$2.38…
Meta Material Share Spike After Facebook Change Of Name To Meta
Meta Materials spiked late on Thursday, for the same reason that Zoom Technologies rallied in 2019 and Signal…
Diesel Landing Cost Has increased To N336.45 Per Litre: Oil Marketers Association…
The pump price of Automotive Gas Oil, also known as diesel, may rise further as the Major Oil Marketers Association…
Panic As Bitcoin Crashes, Wiping Millions Of Pounds In Cryptocurrency Markets
Bitcoin’s price has crashed yet again, wiping hundreds of millions of pounds from cryptocurrency markets and…
Net Foreign Exchange(FX) Inflow To Nigeria Economy Increased To $3.08Billion In…
Net foreign exchange (FX) flow through the Nigerian economy increased to US$3.08 billion in July 2021 from US$2.38…
World Bank Disagrees With CBN On Multiple Exchange Rates, Others
The World Bank has said it disagrees with the Central Bank of Nigeria on how it is going about to achieve its price…
Crypto Startup QuickNode Raises $35 Million In Series A Funding Round
Blockchain development platform QuickNode has raised $35 million in a Series A funding round, the company said…
World’s Biggest Maker Of Electric-Vehicle Batteries Report Profit That Exceed…
Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of electric-vehicle batteries and a key…
GTCO Report Profit Before Tax Of N151.91 Billion 2021 Q3
Guaranty Trust Holding Company Plc has reported a profit before tax of N151.91bn for the third quarter of 2021,…
Oil Drops Ahead Of Stocks Data, Iran Talks
Oil prices edged lower on Tuesday after rising earlier in the day and analysts said prices were set to sustain a…
Nigeria’s Per Capita Income Static In 40 Year – World Bank
The World Bank made a startling revelation that Nigeria’s per capita income (PCI) has not improved in the last 40…
Nigerians Downloaded Over 200,000 Wallet In 24 Hours
Nigerians displayed massive interest in the Central Bank’s eNaira initiative downloading over 200,000 wallets in 24…
Shares Of FBN Holdings Plc Rise By 127 Percent To 350,541,662
The volume of activities on the shares of FBN Holdings Plc, the parent company of First Bank Nigeria Limited rose…
Sterling Edges Up, Stuck Within Recent Ranges
Sterling rose slightly on Monday but remained within recent ranges as analysts said concerns about economic growth…
E-Naira – Emefiele Announces New ‘100 For 100’ Instrument
President Muhammadu Buhari has launched the Central Bank of Nigeria (CBN) digital currency, the e-Naira.
While…
What To Know About Nigeria Digital Currency
On Monday, President Muhammadu Buhari unveiled eNaira, Nigeria’s digital currency.
At the launch, Buhari said…
World Bank Frowns At Nigeria Plan To Spend N2.9tn On PMS Subsidy
The World Bank has decried the continued spending by the Nigerian government on petrol subsidy, which it said is on…
Analysts Projects A Spike In FBN Holdings Share Price
Shareholders and analysts in the Nigerian capital market have projected a rise in the share price of FBN Holdings…
Nigeria: President Muhammadu Buhari Launch E-Naira
The President, Major General Muhammadu Buhari (retd.), on Monday, launched the eNaira platform.
The eNaira is a…
CBN Introduces E-Naira Speed Wallet And E-Naira Merchant Wallet
The Central Bank of Nigeria has finally launched its Central Bank Digital Currency called eNaira on Monday.
The…
Newly listed Nigerian Exchange Group Led Gainers With 23.94 Percent
Newly listed Nigerian Exchange Group Plc traded high at the end of last week’s transaction on the equities sector…
AMCON Yet To Pay Arik Air Unsecured Debt Since It Took Over
The Asset Management Corporation of Nigeria “AMCON” has refused to pay to the aviation agencies N9.6 billion and…
HSBC Pre-Tax Profit For Q3 Jumped 75.8 Percent
HSBC on Monday reported third-quarter earnings that handily beat expectations and announced plans for a share…
President Of Federal Republic Of Nigeria To Unveil Central Bank Digital Currency…
President Muhammadu Buhari will unveil the Central Bank Digital Currency, known as the eNaira, today at the State…
PayPal Says It Is Not Interested In Acquiring Pinterest
U.S. payments giant PayPal said that it is not currently interested in buying social media platform Pinterest.…
MFS Africa Makes “Second-Highest” Fintech Acquisition In Nigeria
MFS Africa, the largest pan-African digital payments hub, announced that it had signed an agreement to acquire…
34 Oil Companies Disbursed $896.891 Million Social Expenditure
Thirty-four foreign and indigenous oil companies disbursed $896.891 million as social expenditure in the 12 months…
Tesco Website And App Down After Online Hack Attempt
Tesco’s online grocery store website and app have been removed by hacking attempts, retail giants said.
The…
FBNH’s Equity In Airtel Nigeria Could Be Over N200 Billion
FBN Holdings Plc, a major beneficiary of Airtel Africa’s buy-back of the unquoted shares of Airtel Nigeria, could…
FBN Holdings Now Aware Of Mr Otedola’s 5.07% Equity Stake
FBN Holdings Plc, the holding company of First Bank of Nigeria, says it has received notification that Femi…