A major concern for investors over the years is how they can manage to maneuver effects of inflation on the returns made from their investments. From...
Nigeria’s foreign exchange reserve sustained its decline as the Central Bank of Nigeria (CBN) stepped up its interventions in the FX market. Thus, the gross reserves...
The overnight (OVN) rate leaped to 15.3% at the close of activities in the money market last week as the Central Bank of Nigeria (CBN) debited...
Recent announcements by MTN Nigeria and Airtel Africa on acquisition of payment service bank approval in principle has spurred excitement at various quarters but at the...
While bitcoin has been hovering above the $60,000 handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that...
Bitcoin hit another record high and is flirting with $69,000 for the first time after inflation data bolstered the argument that the cryptocurrency is a hedge...
The International Air Transport Association (AITA) has said the price of jet fuel has continued to increase in recent weeks, with its price increasing by 70...
The National Bureau of Statistics (NBS) says the 36 states and the federal capital territory (FCT) recorded N849.12 billion in internally generated revenue (IGR) in the...
The Nigeria Communications Commission (NCC) has put its revenue forecast for 2022 fiscal year at about N632 billion. The Executive Vice Chairman of NCC, Prof. Umar...
The world cryptocurrency market is worth more than $3 trillion for the first time, according to calculations Monday, as mainstream investors increasingly jump on board. The value...
The Central Bank of Nigeria (CBN) has reported that there was N2.907 trillion currency in circulation in Nigeria as at end-December 2020. This was disclosed in...
The Central Bank of Nigeria (CBN) has fixed the maximum loan amount that a participant in its newly introduced initiative, called ‘The 100 for 100 PPP...
Transnational Corporation of Nigeria (Transcorp) has reported that its operations across various subsidiaries yielded N13.5 billion from January to September, 2021. This is according to its...
Data from the CBN show that gross official reserves rose by USD5bn (13.7% m/m), to hit USD41.8bn last month, its highest point since October ’19. This...
MTN Group, the largest mobile operator in Africa, has announced plans to proceed with a public offer to sell 575 million shares in its Nigerian business...
Transcorp Hotels Plc has announced its unaudited Q3 results showing a rebound from N5.6 billion losses it posted at the third quarter of 2020 when the...
By CSL Analysts The need for improved lending to the private sector amid the pandemic-induced economic shocks on many sectors of the economy cannot be...
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...
The leadership of the Senate has directed its Committee on Local Content to immediately commence investigations into the alleged breach of local content law by an...
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...