Binance, the biggest crypto exchange in the world, has put withdrawals on hold as it struggles to clear a large backlog. The company said it had...
Tells CRAs to focus on investors’ protection The Securities and Exchange Commission (SEC) has vowed to apply stiff sanctions to any capital market operators who...
Stock investors at the Nigerian Exchange Limited (NGX) recouped N144.04 billion last week to push the All-Share Index (ASI) above 42,000 basis points, close to its...
Nigeria’s subsidiary of African telecoms giant, MTN Nigeria Communications Plc (MTNN) has posted its highest revenue ever in excess of N1.2 trillion for the nine-month period...
Amidst controversy trailing the disappearance of eNaira Speed Wallet, the end user application for operating Nigeria’s Central Bank Digital Currency (CBDC), the app has reappeared on...
The E-Naira speed wallet has disappeared from the Google Play Store. This happened barely 48 hours after its ceremonious launch by President Muhammadu Buhari. Business Metrics...
United Bank for Africa Plc (UBA) has reported that in the nine month period spanning January to September 2021, it received a total of N6.1 trillion...
It’s OFFICIAL! Tunde Hassan-Odukale is FBNH largest shareholder, not Femi Otedola Latest official information released by the board of First Bank of Nigeria Holdings (FBNH) has...
Guinness Nigeria Plc has managed to recover from the losses it posted from its operations in 2020 due to factors bothering on macro economic uncertainties. As...
Trading activities on the Nigerian stock market closed on a cautious note with the All-Share Index appreciating by 0.20 points. Specifically, the index rose by 0.20...
Nigerian Exchange Limited (NGX) is set to host the Vice President of Federal Republic of Nigeria, Professor Yemi Osinbajo, at the inaugural Nigerian Capital Market Conference...
Nigerians trading cryptocurrency on Luno will be able to deposit and withdraw in local currency from November, the trading platform said on Monday. “We’re thrilled to...
Despite placing suspension on dealing in other digital currencies through commercial banks in Nigeria, President Muhammadu Buhari has explained to Nigerians why he approved eNaira, a...
The Central Bank of Nigeria (CBN) has said that all transactions conducted on the newly launched digital currency platform, eNaira will be free for 90 days....
Nigeria’s central bank digital currency (CBDC), the eNaira, is now live following an announcement by President Muhammadu Buhari on Monday. The digital currency has two applications to drive...
Tech billionaire Elon Musk’s tweets about his pet dog Floki may have been the driving force behind meme coin Shiba Inu’s rally in the past. But, this time...
Latest data by the Central Bank of Nigeria showed the country’s foreign reserves surged by $943.48 million week-on-week to touch $40.76 billion as at October 20....
The bulls maintained their dominance at the Nigerian stock market as the local bourse sustained gaining streak for the sixth week in a row by closing...
President Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on Monday 25 October 2021, at the...
In line with its vision to become a globally accepted CCP by 2025, FMDQ Clear Limited, Nigeria’s Premier Central Counterparty (CCP) and a wholly-owned subsidiary of...