Naira Falls Over N100 at Official Market Amid U.S. Interest Rate Speculations
The Nigerian Naira has depreciated significantly against the U.S. dollar, losing more than N100 at the official exchange window. According...
Binance Sets Conditions for Registering Under Nigeria’s SEC Crypto Program
Cryptocurrency giant Binance has outlined two key conditions that must be met before it considers registering under Nigeria's Securities and...
Nigeria’s Inflation Rate Drops to 32.15% in August 2024: NBS Report
The National Bureau of Statistics (NBS) has reported a decline in Nigeria’s inflation rate, which eased to 32.15% in August...
Seven Nigerian Banks Generate N132.45 Billion from E-Business in H1 2024
Seven major Nigerian banks have reported a combined revenue of N132.45 billion from their e-business operations in the first half...
Google Loses Appeal Over $2.7 Billion EU Antitrust Fine
Alphabet's Google has lost its appeal against a $2.7 billion fine imposed by the European Union (EU) for violating antitrust...
Naira Strengthens by 4.8% Following Successful Domestic Dollar Bond Sale
Nigeria's naira surged by 4.8% against the US dollar, marking its largest gain in nearly two months after the country's...
Naira Strengthens to N1,558 at I&E Window as Nigerian Oil Outperforms Brent
The naira appreciated to N1,558.75 per US dollar at the official Investor and Exporter (I&E) window on Wednesday, September 11,...
Nigeria’s Trade Surplus Reaches N6.95 Trillion in Q2 2024 as Imports Decline
Nigeria’s trade surplus surged to N6.95 trillion in the second quarter of 2024, a notable 6.60% increase from the N6.52...
Naira Falls to N1,637 at I&E Window Amid Rising Dollar Demand
The naira continued its downward slide, depreciating by 3.61% at the official Investor and Exporter (I&E) window on Monday, September...
Gold Steady Above $2,500 as U.S. Inflation Data Awaits
Gold prices maintained their strength above the $2,500 mark on Tuesday, as investors braced for upcoming U.S. inflation data, which...
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