A summer 2020 Y Combinator-backed Nigerian tech startup, Afriex today announced the success of its $1.2 million seed round. The seed will opportune Afriex the privilege to extend its operations and se...
The Central Bank of Nigeria is the main regulatory banking and financial institution in Nigeria. The Naira is the official currency used in Nigeria as a mode of payment and to carry out monetary trans...
At the close of Wednesday's trading on the Nigerian Stock Exchange, a total of 252,570,573 shares were traded in 3,474 deals, at a total market value of N 1,773,420,234. Compared with Monday's tr...
In just reported second-quarter results, JPMorgan posted a $2.3 billion benefit from releasing $3 billion in loan loss reserves after the bank took $734 million in charge-offs. In the first quarter, t...
Why the Nigerian Government wants AbokiFX to shut down permanently? Godwin Emefiele, the Governor of the Central Bank of Nigeria, said the bank intends to prosecute the owner of the famous and ...
According to Deloitte, governments can use Bitcoin to develop cheaper CBDCs Deloitte Touche Tohmatsu Limited is a multinational professional services network with offices in over 150 countries and ...
Due to an unprecedented success in revenue from fixed-income trading of almost $700 million, Goldman Sachs reported earnings and revenue on Monday that surpassed analysts' expectations. The bank ...
Experts have cautioned that an increase in political activity will make the naira crisis worse. The currency's value has continued to fluctuate on several markets, and analysts are conc...
The FTX scandal is going down and it’s pulling down a lot of people along with it. FTX founder and CEO Sam Bankman-Fried misused investors' money and now could be facing jail time and a federa...
The National Identity Management Commission (NIMC) has recently released data revealing a significant rise in enrolment for the National Identification Number (NIN) in Nigeria. As of June 26, 2023, th...