FX appreciates at I&E Window as $291 million FX exchanged hands
On Monday, the 25th April 2022, The Nigerian naira closed at N417.30/$1 to the dollar at the official Investors and...
Ecobank Plc on the Path To Recovery as it Records Profit of N38 billion in Q1 2022
Ecobank P2lc has released its Q1 2022 financial result. The result revealed that the bank made a profit of N38.3...
US Crypto Mining Company Plans to Sell $30M Worth Equipment in Russia to Dodge Sanctions
Compass Mining is selling around $30 million in Bitcoin mining equipment located in Siberia in a bid to avoid sanctions...
Bitcoin losses $2k as price crashes below $40k
According to Coingecko data, the price of Bitcoin fell below $40,000 on Monday, while other cryptocurrencies saw losses. BTC is...
FX Depreciates across P2P Market as Demand for the Dollar increases
On Friday, the 22nd April 2022, The Nigerian naira closed at N418.33/$1 to the dollar at the official Investors and...
CIBN Calls for Fuel Subsidy Removal and Deregulation of the Economy
Dr Bayo Olugbemi, President of the Chartered Institute of Bankers of Nigeria (CIBN), has advised the Federal Government to eliminate...
Bitcoin Whale Moves Over $600,000,000 in BTC
Bitcoin, the most valuable cryptocurrency by market cap, is being moved by a single crypto whale worth over $600,000,000. (BTC)....
CBN Announces Condition for an Exchange Rate Review in Nigeria
The Governor of the Central bank of Nigeria, Godwin Emefiele has said that the Apex Bank will consider the advice...
Despite The Warning From International Bodies, CBN Insists That Naira Can’t Free Float
Despite the warning of the World Bank and IMF, the Governor of the Central Bank of Nigeria (CBN) Mr Godwin...
FX Depreciates marginally across I&E Window as foreign reserves record successive growth
On Thursday, the 21st April 2022, The Nigerian naira closed at N419.50/$1 to the dollar at the official Investors and...
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