Naira Slips to N430/$1 at the I&E Window as Forex Liquidity Drops by 32%
Friday, September 1, 2022: The exchange rate at the Nigerian Investors and Exporters (I&E) FX Window began the month on...
Central Bank of Nigeria Grants Flutterwave a Switching and Processing License
Africa’s payment technology giant, Flutterwave, has secured a Switching and Processing License from the Central Bank of Nigeria (CBN). The...
Emirates to Reinstate Lagos Flights Following the Release of Blocked Funds
Dubai’s Emirates Airline has announced that it will resume flight operations to and from Lagos after the Central Bank of...
Naira Rises to N429.44/$1 at the Investors and Exporters (I&E) Window as Forex Supply Increases
Tuesday, August 31, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session on a positive note...
Bitcoin decline by more than 13% in August
After retaking control of the psychologically significant $20K milestone on Thursday, Bitcoin declined lower than expected. The largest cryptocurrency by...
Soon, there will be no more OpenSea NFTs on ETH PoW.
The Ethereum Merge is now just fifteen days ahead of us as per the scheduled date of September. This will...
Inflation Hits a New Historic High of 9.1 Percent in the Eurozone
The Eurozone inflation has reached another record high this August as it climbs to 9.1 percent from the previous month’s...
Nigeria’s Gross External Reserve Increases by 0.117%
Nigeria’s gross foreign reserve increased by 0.117 percent on Monday, August 29, 2022, to stand at $39 billion. The uptick...
Fidelity Bank to Acquire 100% Ownership Stake in Union Bank UK PLC
Nigeria’s Fidelity Bank Plc has entered into an agreement with Union Bank for the acquisition of a 100% equity stake...
Dangote Sugar Refinery to start second phase of its sugar project, cut down sugar importation by 40%
Dangote Refinery has affirmed that it is embarking on the second phase of its sugar project. The project, which would...
Popular Story
CBN Prepares for N8.57 Trillion Liquidity Influx as OMO and Bond Maturities Hit Banks
NFEM Turnover Drops 17.7% to $2.25 Billion as CBN Lowers Benchmark Rate to 23%
Federal Government Allots N6.69 Billion in September Savings Bonds
Federal Government Seeks Fresh $1.5 Billion in World Bank Financing
31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows
