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....
Barring any last-minute change, the Nigerian Exchange Group Plc says it would list its entire 1,964,115,918 ordinary shares on its subsidiary- the Nigerian Exchange Limited on...
Financial experts at Financial Derivatives Company Limited (FDC) have forecast that inflation rate for September 2021 will be a reverse of recent moderation that brought respite...
As the Nigerian economy requires additional capital, stockbrokers are warming up to unfold a new strategy that would enable the federal government to source long-term funds...
While cryptocurrency has the ability to improve the global payment system, digital coins still pose considerable challenges to market conditions worldwide, the International Monetary Fund warned...
Despite widespread decline felt by most economies across the globe, private equity fundraising in Africa has already managed to reach $1.3 billion for the first half...