Bitcoin Reaches New All-Time High of $81,000, Market Cap Surpasses $1.6 Trillion
In a historic rally, Bitcoin, the leading cryptocurrency, has achieved a new record, reaching $81,000 per coin and driving its...
Nigeria’s Fiscal Deficit Exceeds Projections, Reaches 7.6% of GDP
Nigeria’s fiscal deficit has soared to 7.6% of GDP as of August 2024, far surpassing the initially approved target of...
Naira Hits Record Low of N1,681 per Dollar as Exchange Rate Pressures Mount
The Nigerian naira reached an unprecedented low of N1,681 per U.S. dollar on the official Investor and Exporter (I&E) window...
Nigerians Pay Down N4.05 Trillion in Personal Loans Amid Rising Interest Rates
Nigerians reduced their personal loan debts significantly in the second quarter of 2024, repaying a total of N4.05 trillion and...
Dollar Turnover in Nigerian FX Market Jumps by 63% Amid Naira’s Depreciation
Dollar trading volume surged by 63% in the Nigerian Foreign Exchange Market (NAFEM) during October, with turnover reaching $5.4 billion...
Nigerian Stock Market Downtrend Continues as Investors Lose N318bn
The Nigerian stock market's losing streak has now extended into a sixth day, with investors seeing losses of around N318...
MTN Nigeria to Launch N50bn Commercial Paper to Support Operations
MTN Nigeria Communications Plc has announced plans to raise up to N50 billion through Series 11 and 12 commercial paper...
Naira Depreciation Drives 32.6% Rise in Manufacturing Investment
The devaluation of the naira under President Bola Tinubu’s administration in 2023 has led to both gains and setbacks in...
Nigerian Stock Market Sees Bearish Trend as Investors Lose N1.3 Trillion in a Week
The Nigerian stock market closed last week with a bearish trend, as investor sentiment continued to weaken. The Nigerian Exchange...
World Bank Projects Oil Price Decline to $73/Barrel by 2025 Amid Global Oversupply
The World Bank has forecasted a significant decline in global oil prices, projecting that Brent crude could drop to $73...
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