Naira hits N595/$1 at the Parallel market amidst FX supply deficit
On Wednesday, the 11th of May 2022, The Nigerian naira closed at N418.75/$1 to the dollar at the official Investors...
USDT breaks the $1 peg, while USDC advances
Tether came under increased assault, lowering the price of one of the most important assets in the global crypto markets...
Bitcoin Crash to 26k, Whips Over $1 Trillion from the Crypto Market
Bitcoin and cryptocurrencies have crashed further overnight, dropping to levels not seen since the crypto market began surging in late...
Naira hits N594/$1 at the parallel market
On Tuesday, 10th May 2022, the foreign reserves further declined by 0.15% to $39.16 billion as of Monday, 9th May,...
Panic as Terra plunges 90%, UST loses half of its value
Terra's LUNA continued this week of slide as they fell 90% to reach price levels previously seen in August 2021....
Netflix receives $67 million to fund its new approach of tagging and tracking products in physical stores
Netflix, which has developed a radio-powered tagging system and corresponding data platform to read and parse information related to those...
Top NFT Collections Are plunging Harder Than The Crypto Market
With overall market value plunging in the last 24 hours, the non-fungible token (NFT) market appears to have taken a...
JPMorgan cuts Nigeria from its ‘overweight’ emerging market sovereign recommendations.
JPMorgan, American multinational investment bank, has removed Nigeria from its list of emerging market sovereign recommendations that investors should be...
PENCOM introduces lumpsum payment to retirees with insufficient RSA balance
The National Pension Commission (PenCom), has made a new provision of a lumpsum payment (bulk settlement) to retirees with insufficient...
Bank of Canada turns to interest rate guidance amidst increased inflationary pressures
Canada's central bank has taken the rare step of providing guidance on the path of interest rates, as it aims...
