The Central Bank of Nigeria (CBN) has said the Central Bank Digital Currency (CBDC), eNaira, will strengthen the Nigerian banking system and protect Nigerians from the...
In a recent press statement, the Central Bank of Nigeria (CBN) stated its plans to launch its Central Bank Digital Currency (CBDC) pilot scheme called the...
Oil extended losses after Saudi Arabia cut crude prices for Asian buyers, raising the prospect of fierce competition among sellers as the resurgence of Covid-19 continues...
The Securities and Exchange Commission (SEC) has unveiled plans to reduce its operating costs in order to boost profitability within the next two years. The Director-General...
The Nigerian Naira extended its decline against the United States Dollar at the parallel market known as the black market to exchange at N530 to a...
Brent crude oil gained 13 cents or 0.2 percent to $73.16 a barrel on Friday as at 10:27 am Nigerian time ahead of U.S Non-farm Payrolls...
Access Bank, one of the leading banks in Africa, grew profit after tax by 42.43 percent in the first half (H1) of 2021 following COVID-19 negative...
Oil prices rose on Wednesday before an OPEC+ meeting at which the producer club is expected to stick to a plan to add 400,000 barrels per...
Africa’s richest man and the President of the Dangote Group, Alhaji Aliko Dangote, yesterday disclosed that the 20 percent equity taken by the Nigerian National Petroleum...
Nigeria’s sovereign wealth fund now has around $3.5 billion in assets under management, up from $1 billion when the current administration took office in 2015, Finance...