FULL LIST: BDCs in Each State in Nigeria
Techeconomy FULL LIST of BDCs per State in Nigeria Lagos: 2,958 Abuja: 1,179 Kano: 981 Anambra: 259 Kaduna: 55…
Finance
Enterprise Management Perspective on Strengthening Nigeria’s Currency: Navigating Risks and Strategies
In our current economic landscape, the debate around strengthening Nigeria’s currency is a pertinent issue with implications for…
MPC Raises Interest Rate from 18.75% to 22.75%
Monetary Policy Committee (MPC) of the Central Bank of Nigeria has increased the interest rate to 22.75%. Yemi…
NGX Loses N50bn as Nestle, Eterna, Fidson Top Loser Chart
The Nigerian stock (NGX) market yesterday opened the week on a bearish note as losses in Nestle Nigeria…
Naira Gains as CBN Sells over $300million to Banks
The naira appreciated against the dollar to 1,582/$ at the close of trading activities at the official market…
Stanbic Rewards 1,424 Customers Since Launch of Reward4Saving Promo
Stanbic IBTC Bank, in its ongoing Reward4Saving Promo, rewarded 70 additional customers in the January draw, which brings…
NGX: Equity Market Loses N2trillion
The negative trading pattern on the Nigerian exchange persisted into another week as investors lost N1.99tn. The All-Share…
Redefining Nigeria’s Economic Narrative: The Case for Strengthening the Naira
In recent times, the idea of a strong currency has been often associated with the United States dollar,…
FX Market and CBN’s Push to Secure Naira: Can VPN Safe Cryptocurrency Traders?
The constitutional roles and functions of the Central Bank of Nigeria were enshrined in the 1958 Act of…
NGX: Stock Market Records N165bn Gains
Nigeria’s equities markets gained about N165 billion on Wednesday as investors saw an opportunity for re-entry in value…
Naira: FG to Raise $10bn to Stabilize Forex Rate
The Nigerian government is planning to raise $10bn to improve liquidity in the foreign exchange (forex) market. On…
Naira Gains at Official Window, Closes at N1,542/$
The value of the naira closed stronger at the close of trading on the Nigeria Autonomous Foreign Exchange…
Complex Factors, Not Us, Influence Forex Rates – Binance
Crypto trading platform, Binance, has said that foreign exchange (forex) rates are influenced by various factors. Binance on…
FG to Restart Direct Cash Transfers to 12m Households
The Federal Government has made plans to restart the direct cash transfer to the poorest and most vulnerable…
More Pressure on Naira as it Crashes to N1,830 /$1 in Parallel Market
The Nigerian Naira on Wednesday experienced a significant depreciation, reaching a record low of N1,830 per dollar in…