Why CBN’s Interest Rate Hikes Have Failed to Tame Nigeria’s Rising Inflation
Nigeria’s inflation has been on the rise, reaching a 17-years high of 19.64 percent in July 2022, and having severe...
Naira Climbs to N429.05/$1 at the I&E Window Forex Liquidity Shrinks
Friday, August 19, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session on a bullish note...
Ethereum and Bitcoin plunged massively over the weekend
The majority of popular digital assets declined during the course of the week, and by the weekend, market leaders, Ethereum...
OPEC Forecasts a 0.3 mb/d Decline in Global Oil Demand Growth for the Rest of 2022
The Organization of Petroleum Exporting Countries (OPEC), expects a world oil demand growth of 3.1 mb/d for 2022, a downward...
Dubai’s Emirates to Suspend Nigeria Flights Over $85 Million Trapped Funds
Emirates Airlines has disclosed that effective September 1, 2022, it will suspend its flight operations to and from Nigeria, over...
CBN Reverts Interest Rate on All its Intervention Funds to 9% Annually
The Central Bank of Nigeria (CBN) has returned the interest rate on all its intervention facilities to 9 percent per...
Naira Climbs to N429.38/$1 at the I&E Window as Liquidity Increases by 139%
Wednesday, August 17, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session with the naira appreciating...
Nigeria’s Foreign Reserve Records a Slight Increase of $12 Million
According to data from the Central Bank of Nigeria (CBN), the gross foreign reserve, as of 15 August increased by...
Naira Falls to N430.67/$1 at the I&E Window as Forex Supply Drops by 62%
Tuesday, August 16, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session with the naira ticking...
Why Ethereum Price is Moving to $3k
Since its all-time high in November 2021, Ethereum has lost slightly over 80% of its value, but some market indicators...
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
Ways and Means Debt Records First Drop as Moratorium Ends
