Latest Financial News

Binance Ends Naira Services in Nigeria Amid Regulatory Tensions

Popular cryptocurrency exchange Binance announced on Tuesday the termination of all services

Victor Eke Victor Eke March 5, 2024

The cash crunch continues to worsen, leading to a significant decrease in food spending amounting to N3tn.

In the first half of 2023, Nigerians reduced their spending on food

Busy Bee Busy Bee November 24, 2023

The difference in exchange rates between the Naira and the dollar decreases as demand for dollars declines.

In just one week, the difference between the official and parallel segments

Busy Bee Busy Bee November 7, 2023

UNVEILED: The Reason behind the Naira’s Appreciation – Panic Selling

Friday saw speculations circulating that the Nigerian naira had experienced an increase

Busy Bee Busy Bee November 5, 2023

The Naira recovers as the Central Bank of Nigeria’s foreign exchange debt backlog is resolved.

The foreign exchange market reacted to news that the Central Bank of

Busy Bee Busy Bee November 3, 2023

According to the Central Bank of Nigeria (CBN), Nigerians have allocated approximately $340.84 million in foreign exchange

Data from the Central Bank of Nigeria reveals that Nigerians aiming for

Busy Bee Busy Bee October 30, 2023

The official market experiences an appreciation in the exchange rate, reaching N789.94.

On Friday, October 27, 2023, the Nigerian naira experienced a positive increase

admin admin October 29, 2023

The Contributory Pension Scheme experiences a significant increase of N5.94tn within a span of three years, as reported by PenCom.

Mrs. Aisha Dahir-Umar, the Director General of the National Pension Commission (PenCom),

admin admin October 29, 2023

First Bank has launched a state-of-the-art digital self-service banking facility in Abuja.

On Tuesday, First Bank of Nigeria Limited unveiled a state-of-the-art digital banking

admin admin October 26, 2023

According to CBN, real estate companies have taken out loans amounting to N2.26tn within ana eight-month period.

According to findings by The PUNCH, real estate and construction firms in

admin admin October 23, 2023