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...
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,...
Nigerians have made 34 million distressed calls through the Emergency Communication Centres (ECC) facilities of the Nigerian Communications Commission (NCC) in the first eight month of...
Billionaire investor, Femi Otedola has declared 5.03 per cent ownership for FBNH, Nigeria’s oldest bank. This was confirmed in a letter published by FBNH on the...
The risk of cyber attacks in Nigeria just got riskier but this time around, millions of Android smartphone users are the targets. The Nigerian Communications Commission...
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...
The House of Representatives, on Thursday, threatened that it will ask the Central Bank of Nigeria (CBN) to take over the ownership of Heritage Bank of...
The African Development Bank has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to be used...
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...
By The Punch Newspaper AMID economic hardship, insecurity and mass despondency, Nigerians have recently been treated to self-congratulatory effusions by the President, Major-General Muhammadu Buhari (retd.),...
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...
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...
Professor Umar Danbatta, the executive vice chairman and chief executive officer of the Nigerian Communications Commission (NCC) has disclosed that Nigeria is moving closer to the...
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...
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...
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...
Increasing demand for foreign exchange (forex) by investors has been fingered for the negative performance of Nigeria’s local currency, Naira, last week. A look at the...