Telcos fault FG’s move to impose new GSM phone call tax
Telecommunications operators in the country have faulted the newly proposed tax on phone calls by the Federal Government. The telcos...
ECB warns that unbacked crypto assets represent a risk to financial stability
The European Central Bank (ECB) stated that unbacked crypto-assets pose a risk to financial stability. The bank said it conducted...
BREAKING: CBN raises benchmark interest rate to 13%
The policy-setting committee of the Central Bank of Nigeria (CBN) has voted to raise the monetary policy rate (MPR), which...
BNP Paribas has joined JPMorgan’s blockchain-based network.
French banking giant BNP Paribas (EPA) has joined JPMorgan's (JPM) blockchain-based network for fixed income market trading, according to a...
Crude oil hit $111 a barrel amid weak dollar and OPEC’s stance to aid Russia
Oil prices increased at the start of the week as investors tightened their purse strings as fears about global growth...
MTN Nigeria now more valuable than all Nigerian Banks combined
is now worth N5 trillion making it more valuable than all banks, insurance companies, and the entire financial services companies...
Tether, USDT market cap has dropped by US$10B since UST collapse
Tether, the operator of the world’s largest stablecoin USDT, has seen US$10 billion of its market capitalization shaved off since...
Oil Marketers, Airlines reach loggerheads over local Aviation Price
Nigerian airline operators are currently at cross-purposes with oil marketers over the rising prices of the aviation fuel, also...
Naira Depreciates at all Markets: Naira Hits N610/$1 at B2B Market
On Thursday, 19 May 2022, The Nigerian naira closed at N420.33/$1 to the dollar at the official Investors and Exporters...
CBN Issues Regulatory Guidelines for Open Banking in Nigeria to Ensure Financial Inclusion
The Central Bank of Nigeria has issued the regulatory framework for Open Banking in Nigeria in its efforts to enhance...
