- DeXe Gains 60% as Traders Short on Bybit, Long on Binance
- DMO Hikes Rates on Bonds to Meet N1.2trn Borrowing Target
- S&P 500 Declines as SpaceX, Alphabet, Meta Slide
- Rates Top 20% as CBN Sells N2.7trn in OMO Bills to Investors
- DeXe Price Climbs by 28% on Explosive Trading Volume
- Naira Gains as Nigeria’s Foreign Reserves Top $51 Billion
- GTCO, Zenith Bank Drive N1.52trn Gain in Nigerian Exchange
- Ethereum Price Rises as Morgan Stanley Files Low-Fee Spot ETF
Author: Anthony Persuader
Demand for digital assets has resulted in a sustained rally on major cryptocurrencies assets as the United States (US) dollar weakens.
Nigeria’s Federal Inland Revenue Service (FIRS) and the United Kingdom’s His Royal Majesty’s Revenue & Customs
Rapid Monetary Tightening, Weak Risk Management Increase US Banks’ Risks On 9 March, the California state banking regulator closed Silicon Valley Bank (SVB) and appointed the FDIC as a receiver, after the bank’s attempt to address a very significant asset liability management (ALM) mismatch resulted in a deposit run and, in turn, the bank’s failure. SVB’s failure was followed by just a few days after the announcement that Silvergate Capital Corporation (SI) was winding down its banking subsidiary and paying off all remaining depositors. SI also had a sizable outflow of uninsured crypto-related deposits and suffered losses on long-dated securities…
Gianni Infantino has been re-elected as the president of the Federation of International Football Association (FIFA).
The Russian-Ukraine war and the lingering impact of the COVID-19 pandemic have severely weakened West African economies
The Islamic finance industry in Morocco is nascent and faces structural challenges, which could hinder
Ghana’s consumer inflation slowed to 52.8% year on year in February from 53.6% in January
The Nigerian Communications Commission (NCC) has directed mobile network operators (MNOs)
With the successful launch of a new data portal, Zimbabwe has implemented a key recommendation
The International Air Transport Association (IATA) has appealed to the Federal Government of Nigeria
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