The policy-setting committee of the Central Bank of Nigeria (CBN) has voted to raise the monetary policy rate (MPR), which measures interest rate, to 13 per...
The Central Bank of Nigeria CBN has said that paper currency will soon be out of circulation, urging market men and women to sign into the...
Netflix, an American streaming service, says it laid off 150 staff members in the United States amid dwindling revenue margins. The company said this in a...
Oil prices rose on Tuesday amid an ongoing push by the European Union for the Russian oil imports ban. Brent crude climbed 1.04 per cent to...
The naira, on Tuesday, weakened against the dollar to trade at N600 at the parallel market. Bureaux De Change operators (BDCs), popularly known as ‘abokis’ who...
Bitcoin, the world’s largest crypto by market cap, has dropped 5 percent to $29,594. On Monday, the bitcoin price dropped below the $40,000 benchmark to $32,832....
The naira, on Thursday, depreciated further against the dollar at the parallel section of the foreign exchange market. Bureaux De Change operators (BDCs), popularly known as...
The Naira on Monday depreciated at the Investors and Exporters window, exchanging at N419 to the dollar, a 0.48 per cent depreciation, weaker than N417 it...
Bitcoin, the world’s largest crypto by market cap, on Monday fell below $33,000 for the first time in 10 months. The volatile asset had last recorded...
The Nigerian Communications Commission (NCC) says it will not allow any tariff increase by the telecommunication companies without adequate approval. NCC said this in a statement...