Naira Drops to N1,660 in parallel market
The Naira weakened yesterday in the parallel market, dropping to N1,660 per dollar compared to N1,645 per dollar last Friday.
However, in the Nigerian Autonomous...
First Lady Oluremi Tinubu Empowers 1,000 Women Petty Traders In Kogi
Nigeria’s First Lady, Mrs. Oluremi Tinubu, has launched the Renewed Hope Initiative (RHI) Economic Empowerment program, aimed at supporting 1,000 women petty traders in...
The Best Crypto Presales of 2024: Opportunities and Analysis
The Best Crypto Presales of 2024: Opportunities, Analysis, Strengths, Risks and Volatility
As the cryptocurrency market anticipates a significant bull run, investors and specialists keenly...
SHIB: $21 Could Make You a Shiba Inu Millionaire
Shiba Inu is currently trading around $0.000021 on Sunday, showing mostly sideways movement in the charts.
Despite its popularity, SHIB remains one of the most...
BRICS Surpasses the USA in Gas Trade to Europe
BRICS, with Russia as a key member, has outstripped the United States in gas trade to Europe for the first time in nearly two...
Investing: An Introduction – A beginner’s Guide to Investing
Understanding the investment landscape is crucial as it continually changes. Those who grasp the fundamental principles and comprehend the various asset classes of Investing...
Stocks 2024: How To Start Investing in Stocks in 2024 – A Comprehensive Guide
Investing in stocks is a smart way to increase your wealth gradually. This guide will help you understand the key steps to start investing....
Heritage Bank: Story Behind Scrapping Of The Bank
How Societe Generale Bank of Nigeria (SGBN) recommenced operation but now as Heritage Bank.
The story of Societe Generale Bank of Nigeria (SGBN) is one...
China Responds to US and EU Amid Escalating Trade Disputes
China has started an anti-dumping investigation into imports of a common plastic from the US, EU, Taiwan, and Japan.
The Ministry of Commerce announced that...
SOLANA: What is The Next Achievable Price Target for Solana after breaking $160?
Solana has recently reclaimed its $160 price mark after briefly dipping below $150. The token had previously been on a path to reach $200...
Crypto analyst, Alex Kuptsikevich, warns against Bitcoin panic selling
Crypto analyst and Forex Pro trader, Alex Kuptsikevich, has issued a warning that Bitcoin might experience a significant panic sell-off if its price drops...
American Express launches First Business Credit Card in Nigeria
American Express Company, in partnership with local neobank O3 Capital, is introducing its business credit card in Nigeria, marking a significant milestone as the...
Noones Academy Trains Nigerians In Digital Financial Education
A cryptocurrency company called Noones Academy has initiated a program to educate Nigerians on digital peer-to-peer financial training.
The training, which commenced on Friday, aims...
10 Essential Requirements For Firms Applying For Nigeria’s $10bn Diaspora Fund
In a strategic effort to boost economic growth, the Federal Ministry of Industry, Trade, and Investment (FMITI) has announced the establishment of a $10...
How To Get Credit From CREDICORP: A Step-by-Step Guide For Nigerian Civil Servants
In a significant effort to help Nigerians move up the social ladder, President Bola Tinubu has given the green light for the first part...
Bitcoin Halving: What You Need To Know Ahead of The Bitcoin Halving
The bitcoin halving, which occurs approximately every four years, involves cutting the rate of newly issued bitcoins by half every ten minutes.
This event, anticipated...
What Is Bitcoin Halving? How It Works, Why Does It Matters?
What Is Bitcoin Halving? How It Works, Why Does It Matter? If you are holding any coins and don't know a way forward, read...
Binance Obtains Regulatory License in Dubai set to re-enter India
Binance FZE, the Dubai-based subsidiary of the global cryptocurrency exchange Binance, has received a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets...
Shiba Inu (SHIB) Weekend Price Prediction
The cryptocurrency market appears to have slipped into another downturn, as Bitcoin (BTC) drops to just above $61,000.Following BTC's decline, Shiba Inu (SHIB) also...
Dangote, BUA and Lafarge Africa gain N7.921 trillion in market value in Q1’2024
Three cement companies listed on the Nigerian Exchange Group Plc (NGX) (Dangote Cement Plc, BUA Cement Plc, and Lafarge Africa Plc) collectively gained approximately...
ABCON: CBN’s BDC recall into forex exchange boosted naira
The Association of Bureau De Change Operators of Nigeria (ABCON) has stated that the inclusion of Bureau De Change operators (BDCs) back into the...
How To Start Investing In 2025: A 5-Step Guide For Beginners
Do you want to start investing but don't know how? Here is A 5-step Guide that will help you kick-start your investing journey in...
USA and UK investigating Russian cryptocurrency exchange linked to $20 billion in USDT transfers
The Russian cryptocurrency exchange Garantex is under investigation by authorities in the USA and the UK following its facilitation of $20 billion worth of...
Dangote, Elumelu, and Others Make Tinubu’s New Economic Coordination Council Team
President Bola Ahmed Tinubu has approved the establishment of the Presidential Economic Coordination Council (PECC) and the formation of the Economic Management Team Emergency...
Binance founder, Changpeng Zhao gains $8.42 billion in 2 days
Troubled billionaire and founder of Binance, Changpeng Zhao, has seen his wealth grow by $8.42 billion, bringing his total fortune to almost $50 billion....
Bears return as stock markets open the week, resulting in a loss of N289...
Yesterday, the Nigerian stock market kicked off the week on a negative note, with Dangote Sugar Refinery Plc and 29 other companies recording losses...
Estate Firm BigUncle Homes To Launch Operations In Canada, US
BigUncle Homes, a real estate company based in Nigeria, is gearing up to expand its operations into Canada and the US, aligning with the...
Banking not route to billionaire status, says Sterling Bank MD
Banking Notion: The Managing Director/Chief Executive Officer of Sterling Bank, Abubakar Suleiman, cautioned newly inducted members of the Chartered Institute of Bankers of Nigeria...
Naira Gains 12% In 5 Days As FX Inflow Rises To $1.5bn
Following the Central Bank of Nigeria's (CBN) announcement that it had resolved all legitimate foreign exchange backlog, the value of the naira experienced an...
Equities Market Closes Negative, Down By N168bn
Yesterday, the Nigerian equities market concluded on a negative trajectory as selloffs in Julius Berger Plc and 23 other stocks led to a loss...
Naira Gains To N1,560.57/$1 At Official FX Market
The Naira has experienced a strengthening trend on the official market, reaching N1,560.57 against the dollar, driven by foreign exchange (FX) reforms.
Tuesday's FX trading...
Yen drops, Asian markets mixed as Japan hikes interest rates
The yen lost strength and Tokyo stocks saw an increase on Tuesday following the Bank of Japan's decision to raise interest rates for the...
iPayBTC: Economic Hardship Encouraged Nigerians to Adopt Bitcoin, Digital Currency Investments
As the cost of goods and services continues to surge daily in Nigeria, posing challenges for individuals and households in meeting their basic needs,...
Drupa 2024: 1,427 Participants To Exhibit New Printing Technologies
The prominent trade fair for print technologies, Drupa 2024, is gearing up to host 1,427 exhibitors from 50 countries during an eleven-day exhibition from...
Binance to Discontinue Nigerian Naira (NGN) Services
Binance, one of the world's leading cryptocurrency exchanges, has recently announced the discontinuation of all Nigerian Naira (NGN) services, marking a significant shift in...
Nigeria and other nations set to gain from the UK’s £37.3 million Mobile for...
Nigeria and other developing nations are poised to receive support from the UK government's £37.3 million backing for the Mobile for Development Program.
The funding,...
Cardoso advocates for increased hot money inflows, but foreign investors remain cautious
Cardoso advocates for the regulation and increased hot money inflows, but foreign investors remain cautious
Data released by the Nigerian Exchange (NGX) indicates a decrease...
Top Key factors driving Bitcoin’s near-record trading levels
On Monday morning, Bitcoin surged beyond $65,300, marking a significant step towards its all-time high of $69,000 achieved in November 2021.
In the last 24...
CBN: Illicit $26 billion passed through Binance Nigeria within one year
Central Bank of Nigeria (CBN) Governor Yemi Cardoso revealed that more than $26 billion in illicit flows has transpired through the cryptocurrency platform Binance...
Discover the top 5 high-income skills to learn in 2024
These top 5 high-income skills will change your earnings rapidly in 2024. Discover the top 5 high-income skills to learn in 2024
The employment industries...
Bridgit Mendler, American actress, assumes role of CEO in space startup
American actress and former Disney Channel star, Bridgit Mendler, announced on Monday that she will be serving as the Chief Executive Officer (CEO) of...
Impact Investors Foundation, FRC train 100+ MSMEs in new standards program
The Impact Investors Foundation, in collaboration with the Global Steering Group for Impact Investment and the Financial Reporting Council of Nigeria, has empowered over...
What to Expect from Bitcoin Futures
What Lies Ahead for Bitcoin Futures?
Spot bitcoin ETFs have emerged, drawing in billions and challenging existing crypto-based ETFs.
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Pepework launches freelance platform to alleviate unemployment burden
Pepework, a forward-thinking company in the realm of job creation and employment opportunities, has recently introduced a new platform tailored to support freelancers and...
Top 5 Financial Tips for Small Businesses 2024
If you plan on Starting up your own business or owns a small business, these Top 5 Financial Tips for Small Businesses 2024 will...
FG disburses N200bn for businesses via BOI; CAC records 2M MSMEs.
FG disburses N200bn for businesses through the Bank of Industry (BOI) after the Corporate Affairs Commission (CAC) records 2M MSMEs.
In a groundbreaking initiative, the...
IMTO Full list: Flutterwave, Interswitch among 62 licensed
The recent guidelines issued by the Central Bank of Nigeria (CBN) regarding the operations of International Money Transfer Operators (IMTO) have raised uncertainties over...
Naira is Resisting the Dollar’s Trend Run
Vice President Kashim Shettima expressed his dissatisfaction on Wednesday with social media users who celebrated the depreciation of the Nigerian naira, which was exchanged...
FG approves 499 licenses for mineral trading, focusing on lithium, gold
The Ministry of Solid Minerals Development, under the auspices of the Federal Government (FG), has approved approximately 499 licenses for the buying and selling...
Dollar scarcity disturbs parallel FX market in Abuja
This afternoon, the current shortage of foreign exchange (dollar) disrupted trading at the parallel market, also known as the black market, in Abuja.
An anonymous...