Grayscale, a leading crypto asset management firm, released a research note highlighting Bitcoin’s robust fundamentals as the cryptocurrency approaches its halving event. The report underscores Bitcoin’s...
The Nigerian Exchange Limited (NGX) extended its decline last week as investors lost N1.423 trillion amid rising selloffs. During the week, stock investors transacted 2.478 billion...
Nigerian power consumers are reeling from the impact of massive overbilling, with power distribution companies (Discos) collectively raking in N105 billion in nine months. An analysis...
The recent decision by the Central Bank of Nigeria (CBN) to increase customs duties by 48.5% has sent shockwaves through the manufacturing sector, raising concerns about...
The Enugu State Chapter of the Association of Table Water Producers (ATWAP) announced a temporary shutdown of water-producing factories due to soaring production costs. The decision...
As of February 12th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1480 NGN in the black...
Oil declined following last week’s advance after Iran’s foreign minister flagged the Israel-Hamas conflict could be moving closer to a diplomatic solution. Trading remained muted with...
Bitcoin’s meteoric rise is showing no signs of abating as it continues its winning streak, buoyed by the historic debut of exchange-traded funds (ETFs) in the...
The upcoming launch of the East African Bond Exchange (EABX) heralds a transformative era for Kenya’s debt market and promises enhanced liquidity, transparency, and growth opportunities....
The United Bank for Africa (UBA) has announced revisions to its domiciliary MasterCard limits and associated fees in line with the latest central bank policy. Outlined...