- Spot Rate on Nigerian Treasury Bill With 1-Year Tenor Rises 5bps
- XRP Price Surges as Ripple Announces Partnership with Privy
- Memory Chip Stocks Selloffs Drag Wall Street, European Markets Mixed
- Oil Rises as Iran-Backed Houthis, Saudi Arabia Tensions Escalate
- OPEC Oil Output Rises 920,000 bpd in Sept., Saudi Boosts Supply
- Naira Drops Against Dollar, Euro, Pound as FX Outflow Rises
- OMO Inflow Boosts Money Market Liquidity, Funding Rates Rise
- Standard Chartered Launches RLUSD Custody Issued on XRP Ledger
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.
The Nigerian Naira had a mixed performance against the US dollar. The Naira depreciated by 2.70% in the official market, closing at N841.14 to the US dollar compared to the previous rate of N818.99.
The Nigerian Exchange (NGX) still maintained an uptrend following the inflation surge. Stockholders sought to rebalance their portfolio which keep trading activities in the local bourse on a tight nose. However, bulls prevailed, and this pushed key performance indicators upward by 0.02%.
Addis-Ababa (Ethiopia) some financial experts have called for the removal of visas by countries on the continent to encourage the free movement of means of production. This they said would also drive trade on the continent.
Pan-African banking group, Ecobank and the African Guarantee Fund (AGF), a specialized pan-African guarantee provider…
The US dollar was mixed against its major trading partners — up versus the pound and Canadian dollar, down versus the euro and yen — early Thursday.
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