Author: Marketforces Africa

The price of Bitcoin has fallen 3% over the past 24 hours to $36,250, retreating from its recent high near $38,000, which marks the largest digital asset’s highest level since cryptos plunged into a brutal bear market in May 2022.

The International Monetary Fund (IMF) and Cameroon government have reached a staff-level agreement on policies required to unlock financial support worth about $73 million, according to a statement released by the multilateral lender.

The average yield on Nigeria’s US dollar bonds declined as foreign investors ramped up interest in the sovereign interest amidst global yield repricing – reversing risk-off sentiment experienced earlier in the week.

Global market prices of crude oil declined below $80 per barrel as inventories rose due to strong US oil production, ANZ Bank said in a Friday note.

Nigeria and the African Group on Thursday called for an equitable and fair international tax system toward achieving the Sustainable Development Goals (SDGs).

Vice-President Kashim Shettima on Thursday inaugurated the 3rd Cohort of the Presidential Enabling Business Environment Council (PEBEC).

The Federal Government has reaffirmed its support for the Inter-Governmental Action Group against Money Laundering

The Federal Government says the world is in more demand for people (youths) with technological knowledge to resolve global challenges.

The Association of Telecommunications Operators of Nigeria (ALTON) on Thursday urged banks to prioritise the payment of their Unstructured Supplementary Service Data (USSD) debt, which he said had increased to N200 billion.

An Abuja High Court on Friday ordered that the suspended Central Bank (CBN) Governor, Godwin Emefiele be remanded in Kuje correctional centre until Nov 22. Justice Hamza Muazu gave the order and adjourned until Nov. 22 when Emefiele’s bail application will be heard. Emefiele was arraigned on a six-count charge before Justice Muazu.