Is Bitcoin An Asset A Commodity Or A Currency?
As the price of Bitcoin continues to balloon, we look back at how the cryptocurrency is viewed and whether that…
Turkish Finance Minister Resigns In Second Surprise Departure After Lira Slide
Turkish Finance Minister Berat Albayrak said on Sunday he was resigning for health reasons, the second surprise…
Reps May Not Grant Buhari’s Request To Borrow $1.2bn From Brazil
There are strong indications that the House of Representatives may not support the new move by the government of…
Nigeria To Lose $24bn Oil, Gas Investments In Six Years
By Michael Eboh Nigeria will lose $24 billion in investments in the oil and gas sector between 2020 and 2025, due…
Nigeria’s Central Bank Freezes Accounts Of Police Brutality Protesters
Nigeria’s central bank froze the accounts of 20 people linked with anti-police brutality protests after receiving a…
#EndSARS: Controversy over court order to freeze accounts of 20 promoters
Controversy has trailed the exparte order obtained by the Central Bank of Nigeria (CBN) to freeze the accounts of…
Naira Appreciates Against Dollar, Euro at Black Market
At the market, Business Post gathered that the local currency closed at N464/$1, gaining N1 versus the N465/$1 it…
Nigeria: If You Thought 2020 Was Bad, Brace Yourself For 2021
Nigeria needs to brace for an extended foreign exchange rate crisis as oil markets face a tough year-end, which…
What GDP Can And Cannot Tell You About The Post-Pandemic Economy
Pity the world’s chartmakers. For years, normal economic fluctuations will be dwarfed by the extraordinary…
Bitcoin Price Nears $16K, But It’s Ethereum That May Shine In November
The price of Bitcoin (BTC) is nearing $16,000 after achieving $15,960 on Binance. Following the dominant…
Pound Rallies After Bank Of England Pumps Extra Cash Into The Economy, Just As A…
The pound rallied on Thursday, heading for its biggest weekly gain since late September, despite the implementation…
Fintech Bluecode Aims To Light Up Nigeria’s Informal Economy
The Bluecode payments solution is about to go live in Nigeria with two partner banks, Murray Gardiner, managing…
Airlines’ ‘Bait-And-Switch’ Strategy Lures Customers To Flights…
OTTAWA — Despite minuscule travel demand, Canadian airlines continue to schedule tens of thousands of monthly…
Oil Falls On Surging Virus While U.S. Election Adds Uncertainty
Oil dropped below $38 a barrel as surging coronavirus cases and a tightly contested U.S. election sapped momentum…
Canadian Dollar Stays On Track For Best Week Since June
The Canadian dollar weakened against its U.S. counterpart on Friday but stayed on course for its biggest weekly…
Over 82.9 Million Nigerians Currently Living Below Poverty Line
With over 82.9million Nigerians currently living below the poverty line, there is a need to urgently tackle poverty…
Shipping Can Contribute 5% To GDP Annually – NIMASA Boss
Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Bashir Jamoh, has said that a…
FG To Establish Solid Minerals Processing Hubs
The Federal Government plans to establish solid mineral processing hubs in the six geopolitical zones of the…
FG Requires $656m To Complete Lagos-Ibadan Rail Line
The Minister of Transportation, Rotimi Amaechi on Friday said that the Federal Government requires the sum of N…
Buhari Admits Nigeria Is Facing ‘Turbulent Times
Nigeria’s President Muhammadu Buhari on Thursday ruminated on Nigeria’s current economic situation, admitting that…
Famed Luxury Carmaker Bentley To Go Fully Electric By 2030
Bentley Motors plans to exclusively offer plug-in hybrid and electric vehicles by 2026 and fully electric models by…
Bitcoin Now N7.2m At Crypto Market As Naira Falls To N465/$
The digital token’s latest rally comes as the outcome of Tuesday’s US presidential election remains uncertain.…
US Election 2020 Results: How Nigeria Will Benefit If Biden Defeats Trump
The candidate of the Democratic Party, Joe Biden, is almost certain to become the 46th US President.
At the time…
UK Names New Trade Envoy To Nigeria
The United Kingdom Government has confirmed the appointment of Helen Grant MP, a British-Nigerian, as a new trade…
Nigeria Reaching Maximum Borrowing Capacity
Nigeria is almost reaching its maximum capacity to borrow and must be proactive in ramping up tax revenue…
GM Plans To Increase Pickup Truck Production With Up To $1 Billion Investment In…
General Motors plans to significantly increase production of its highly profitable pickup trucks by investing up to…
How Many Bank Accounts Should You Have & Which Ones
The number of bank accounts you really need is up to your personal spending, but traditionally, just two accounts –…
Bitcoin Surge Widens Crypto’s Lead Over Gold As Top Asset Of 2020
Bitcoin’s surge during U.S. election week has pulled cryptocurrency performance further ahead of major asset…
Multiple Customs Clearing Units Cause Stir
Importers and clearing agents have continued to frown at bottlenecks affecting clearing at the ports, noting that…
Naira Continues To Decline At Black Market Despite Huge Dollar Supply
Forex turnover improved significantly by 536.7% as Nigeria’s exchange rate at the NAFEX window maintained its…