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...
The adoption of the Central Bank Digital Currency (CBDC) and its underlying technology, called blockchain, can increase Nigeria’s GDP by $29billion over the next 10 years,...
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...
Investors in the Nigerian stock market again smiled all the way to the bank on Thursday as the market remained bullish with additional N238 billion profit...
Bitcoin, the world’s first and most-popular cryptocurrency, reached a new all-time high of $66,974 on Wednesday morning. The record price follows the United States’ first Bitcoin-linked ETF making its debut...
The Central Bank of Nigeria (CBN) has stated that the eNaira would increase inflow of disapora remittances into the country. This is according to a document...
Honeywell Flour Mills Plc has reported N109.5 billion revenue for the 2021 fiscal year as the sales of its pasta products rose by 40 per cent....
By Eze onyekpere The 2022 Federal Government of Nigeria Budget Call Circular states the basis for the preparation of the budget estimates and the allocation of...
The Central Bank of Nigeria (CBN) has said the eNaira will be available to Nigerians without Internet-enabled phones. The CBN disclosed this in a document obtained...
The Abuja Chamber of Commerce and Industry (ACCI) has described the drop in the headline inflation for the month of September as “a sign of emerging...
Stock investment analysts at the Nigerian equities market have predicted sustained uptrend in the market as continuation of positive performance posted by the local bourse last...
Oil prices settled at a three-year high above $85 a barrel on Friday, boosted by forecasts of a supply deficit in the next few months as...
A total of 1,964,115,918 shares, representing the issued share capital of the Nigerian Exchange (NGX) Group Plc, were successfully listed on the trading platform of NGX...
Nigeria’s inflation rate fell for the sixth consecutive month in September amid decelerating food prices, the National Bureau of Statistics (NBS) has revealed in its latest...
Coinzo, one of Turkey’s largest cryptocurrency exchanges is terminating its digital asset trading services and it shuts down soon. The platform said its website will remain online in...
Dogecoin (DOGE) price action is starting to fall in favor of the bears after bulls got rejected on any further gains on October 6 at $0.29....