A financial market is a marketplace that offers a platform for the selling and purchase of assets including bonds, equities, currency trading, and derivatives. In the United States and ...
What is cryptocurrency?According to Investopedia, a cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Ma...
With oil and food prices reaching record highs, Nigeria's inflation rate surged to an 11-month high in May 2022, reaching 17.71 percent and marking its fourth consecutive monthly increase in th...
IMF warns CBN that eNaira may lead to new money-laundering and terrorism financing risks The expansion of the eNaira's use to cross-border cash transfers and agency bank networks could result in...
PepsiCo, Inc. revised its fiscal-year outlook for organic revenue in the first quarter of the fiscal year, increasing growth guidance to 8% from a previous 6% due to consumers' res...
As Nigeria draws closer to her general election, its prolonged scarcity of the naira notes and petrol is becoming a major concern to citizens as financial experts warn that it would lead to more probl...
Gold prices are expected to hit a new all-time high of $2600 in 2023, compared to $2075 in 2020 as reported by CNBC. Here is what you need to know about this precious mineral, its current price, and w...
The names, Bank Verification Numbers (BVNs), and account numbers of clients who accessed foreign exchange under false pretense and refused to return it have been published by some Nigerian banks.This ...
After years of fixing FX prices, Nigeria's Central Bank floated the Naira in June. The loss of authority over the Naira was a critical step toward the elimination of Nigeria's numerous exchange rate w...
Africa's leading payment technology, Flutterwave made a special announcement on the launching of Swap. The announcement was made by the CEO and founder of Flutterwave on September 11, 2023, in Lagos, ...