By Adedapo Adesanya It was all smiles for investors at the NASD Over-the-Counter (OTC) Securities Exchange as their portfolios swelled by 3.9 per cent or N57.66...
By Adedapo Adesanya The Nigerian Naira recorded a loss against the US Dollar in the official market, the Nigerian Autonomous Foreign Exchange Market (NAFEM), on Tuesday,...
By Dipo Olowookere Sustained profit-taking in financial stocks further weakened the Nigerian Exchange (NGX) Limited on Tuesday, as investors keep an eye on happenings in the...
By Modupe Gbadeyanka Tech giant, Microsoft, is reportedly planning to shut down its innovation centre in Lagos, known as the African Development Centre (ADC). The reason...
By Adedapo Adesanya Islamic financial institution, Lotus Bank, is seeking a $1 billion facility from the Islamic Development Bank (IsDB) to back its bid to provide funds...
By Dipo Olowookere There is palpable fear in the black market segment of the currency market in Lagos as security officials have resumed clampdown of foreign...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with...
By Adedapo Adesanya On Monday, May 6, 2024, the Central Bank of Nigeria (CBN) directed all financial institutions, including commercial banks and others to deduct a...
By Adedapo Adesanya The Chief Executive Officer (CEO) of Binance, Mr Richard Teng, has called on the Nigerian government to release Mr Tigran Gambaryan, the head...
By Adedapo Adesanya The Nigerian Securities and Exchange Commission (SEC) has unveiled plans to delist the Naira from the peer-to-peer (P2P) cryptocurrency trading space in its...
