The Central Bank of Nigeria (CBN) has increased the benchmark interest rate by 200 basis points to 24.75%. This was made at the recent Monetary Policy Committee (MPC).This was made during the Tuesday ...
Local stocks at the Nigerian Stock Exchange started the week negatively after equities in Dangote Sugar Refinery Plc and 29 others dropped N239 billion in market capitalisation.The NGX All-Share Index...
In a recent circular, the Central Bank of Nigeria disclosed that Bureau De Change operators (BDCs) had been assigned $10,000 at N1,251/$1.According to the circular released on Monday, the apex bank st...
The Office of the National Security Adviser confirmed today that Nadeem Anjarwalla, the Binance executive currently in custody, has broken free.The ONSA stated on Monday that Anjarwalla, a suspect in ...
According to a World Federation of Exchanges report, the global equity market's capitalisation increased by 13% or more than $13 trillion in 2023.The international exchange organisation recently relea...
According to the National Bureau of Statistics (NBS) recent report for February 2024, the cost of bread, yam, white garri, beans, onions, beef, and other food items increased.It said this was in its S...
News reaching our desk revealed that just today, the federal government of Nigeria initiated criminal proceedings against Binance, one of the biggest cryptocurrency exchange platforms.The Federal Inla...
NASCON Allied Industries announced that it gained more market share even as its profit after tax (PAT) rose by 151% to N13.73 billion for the financial year ended December 31, 2023.NASCON also reporte...
Last month, the major shareholder of PZ Cussons Holdings announced plans to buy out other shareholders, but this was pending regulatory approvals. On Tuesday this week, the Securities and Exchange Com...
According to the recent Forbes Rich List, Bernard Arnault reclaimed his title as the world's richest man.Arnault's net worth declined by $3 billion on Thursday, from $202 billion to $199 billion in a ...