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...
The Nigerian banking sector’s credit to the private sector was topped by N425 billion in September as aggregate rose from the N33.4 trillion in August to...
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...
With Brent rising for the past eight weeks and West Texas Intermediate (WTI) climbing for the past 10 weeks, oil prices are starting to look overbought,...
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...
The Chinese Ambassador to Nigeria, Mr Cui Jianchun, has said that his country is working with Nigerian authorities to expand the $2.5 billion currency swap deal...
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...
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...