Socio-Economic Rights and Accountability Project (SERAP) has called on Mr. Folashodun Shonubi, the acting Governor of the Central Bank of Nigeria (CBN), to eliminate certain provisions in the recently...
Nigeria's annual inflation rate experienced a notable uptick, surging to 24.08% in July, marking a distinct rise from the previous month's 22.79%, as reported by the National Bureau of Statistics (NBS...
Quantitative easing (QE) is an economic strategy—monetary policy, wherein, the central bank deliberately buys financial assets or government bonds in large amounts to pump money directly into the ec...
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...
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 ...
At the ceremony commemorating the inauguration of the Dangote refinery in Lagos, Godwin Emefiele, the President of the Central Bank of Nigeria, revealed that the refinery's operations would exert a su...
Godwin Emefiele is a Nigerian banker, economist, and politician who served as the governor of the Central Bank of Nigeria (CBN) from June 4, 2014, to June 9, 2023, after he was suspended by President ...
After a rapid rise in 2020, the price of gold has plunged in recent months due to investor pullback, weakening demand, and the lackluster jewelry market. The precious metal was one of the best-pe...
The Nigerian Stock Exchange, formerly the Lagos Stock Exchange, was introduced on September 15, 1960, and has since been a breeding ground for fearsome investors to thrive. Investors have been rewarde...
The price of Bitcoin has jumped over the last few months, surpassing $50,000 this week. There are ongoing speculations that Bitcoin could hit a bullish $1 million over the long term, and could likely ...