Naira Takes an Uptick to N424.17/$1 at the Investors and Exporters Window as Trade Closes on a Bullish Note
Tuesday, July 19, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed yesterday’s trading session on a bullish note...
CBN Raises Interest Rate to 14% to Tame Rising Inflation
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), in its 286th meeting which was held on...
Why Ethereum (ETH) is Up Almost 50% in 6 Days
Bitcoin and Ethereum both charted new monthly highs before retracing slightly. ETC continues to steal the show. Bitcoin spiked to...
Flutterwave shuts down virtual dollar card service
Fintech company, Flutterwave, has said it will be shutting down its virtual dollar card service also known as Barter card,...
Naira Climbs Up to N429.12/$1 at the Investors and Exporters (I&E) Window
Monday, July 18, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session on a bullish note...
Naira Hits N430.33/$1 at the Investors and Exporters (I&E) Window as Demand for the Greenback Remains Unmet
Friday, July 15, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed yesterday’s trading session on a bearish note...
Fuel Subsidy Removal: Should Nigeria Continue With a Regressive Petrol Subsidy?
There are over 40 countries worldwide that subsidize fossil fuel consumption according to the International Energy Agency (IEA) 2020, and...
Venture capital (VC) investment in crypto companies plunged by 26%.
The crypto winter is not descending upon just holders of digital currency—but also those startups looking for funding.Venture capital...
Nigeria’s Inflation Rate Surges to 18.6% in June 2022, Highest in 5 Years
As of June 2022, Nigeria's inflation rate climbed to 18.60 percent on a year-on-year basis. Representing a 0.85 percent point...
The Digital Euro to Act as an Anchor for Digital Payments System in Europe
Payments system are undergoing a disruptive transformation as people are increasingly adopting digital means of payment. This development, therefore, stresses...
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