It was reported on Monday that Mr Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has stated that interest rates will stay high until the country's inflation rate falls. The C...
Eight years after its launch, Kraken is coming to the United States. From Wednesday, Kraken will allow millions of users around the country trade various crypto tokens(up to 50) securely from the new ...
According to a FITC report, bank customers in Nigeria lost N472 million to fraud in Q1 2023. It was also revealed that a total of 12,553 incidences of fraud were documented over this time period. This...
The Nigeria Inter-Bank Settlement System has instructed traditional banks to disconnect Switches, Payment Solution Service Providers, and Super Agents from the Nigeria Inter-Bank Settlement System Ins...
The Central Bank of Nigeria (CBN) has revealed that Nigeria recorded $11.11 billion in aggregate foreign exchange inflow in July and August. According to figures obtained from the CBN’s August ...
A haircut is a term referring to price spreads and the market value of assets. Almost all assets have a spread between the buy and sell price and this is one of the meanings of haircut.The o...
Coronavirus (officially named Covid-19) is an epidemic that broke out last year, first in China and has gradually spread to some countries in Europe, America, and the Middle East. Coronavirus is now a...
Friday Market Summary:DJIA -1.39% fell by 357.28 points, approximately 1.4% to settle at 25,409.36S&P 500 -0.82% fell by 24.54 points, approximately 0.8% to end at 2,954.22COMP +0.01% gained less ...
There are lots of persons who wished to be business owners but the challenge of starting a business from scratch and the long process entailed scares them off. Starting a new business is not something...
Flutterwave has, again, closed $170 million in a successful Series C funding round. This time last year, the African payment company closed $35 million in a Series B funding round. Today, the company�...