The International Monetary Fund (IMF) on Tuesday said rising oil prices will provide some relief to Nigeria. The IMF, however, said that the relief would not be enough to shield the country from the broader impact of a global economic shock.

The Nigerian local currency, the naira, gained against the US dollar at the official foreign exchange market amid a surge in FX liquidity.

CBN Approves N2.2trn OMO Bills Allotment to Investors The Central Bank of Nigeria (CBN) raised N2.2 trillion from OMO bill…

Nigerian Exchange Tops N132trn as ETI, Stanbic IBTC Rally The Nigerian Exchange (NGX) market capitalisation surpassed N132 trillion as Ecobank…

Ethereum Gains 7.1% as Fed Nominee Declares Crypto Holdings Ethereum (ETH) gained 7.12% to $2,366.68 over the past 24h, outpacing…

BTC Rallies as Goldman Sachs Files for Bitcoin Income ETF Bitcoin (BTCUSD) rose by about %% to $75,367.16 over the…

FG Investigates ‘Sharp Sharp’ Loan Operators Over Privacy Violations The Federal Government (FG) says it is investigating the activities of…

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called for immediate reinstatement of petrol import licences to encourage multiple supply sources, deepen competition and stabilise pump prices.

Iran Puts Cost of War at $270 Billion The Iranian Government has on Tuesday estimated that the cost of the…

Ripple’s XRP price climbed to $1.37 on Tuesday, the highest over the past 24h, driven primarily by a major utility expansion with Rakuten’s payment integration in Japan.