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After two days of meeting with foreign investors, Nigeria has raised the sum of $4 billion through Eurobonds, with demand exceeding quadrupl...
On Friday, Godwin Emefiele, the governor of the CBN, announced that the monetary policy team wants to shut down speculative trading of foreign exchang...
The dollar rose to N575 at the black market on Monday, barely two days after the online platform, Aboki FX, stopped providing updates on the exch...
The cryptocurrency industry has broken into the modern economy and is becoming harder to resist by the day. Within the past year, the crypto markets h...
Lending and borrowing money for business is as old as business itself. But it is inherently problematic. As man continues to advance in business techn...
Nigeria’s central bank is going after Olusegun Adedotun Oniwinde, the owner of Abokifx, an online platform that collates exchange rates. ...
The naira continued a freefall against the dollar at the unregulated market on Wednesday, causing it to reach yet another all-time low. The on...
The cryptocurrency market in Nigeria, as well as other African countries, has grown by 1200 percent in one year, according to a report by Chainalysis ...
Nigerians who could not access foreign exchange (FX) through the official channels bought the Dollar at the unregulated forex market on Monday at N550...
The interest rate on the 364-day Treasury bill increased to 7.2 percent in the first week of September, the first time the rate has gone up since May....
Money transfer operators such as Western Union and Moneygram stand to lose as much as $400 million in remittance commission due to the launch of ...
Nigeria’s currency on Thursday fell to a new all-time low of N540 per dollar at the parallel market as demand pressure intensified. This...
Nigeria’s legal tender on Wednesday dropped to N535 per dollar at the parallel market and shed 0.20 percent at the official market des...
Nigeria got $4.2 billion in foreign remittances in the first quarter of 2021, according to data obtained from the central bank’s balance of...
Nigeria’s Securities and Exchange Commission (SEC) announced on Thursday that it has set up a fintech division to research crypto investments an...
