Forex Crisis: $26 billion Passed Through Binance Nigeria in One Year – Cardoso
Addressing Forex Concerns: Insights on Binance Nigeria’s $26 Billion Transactions, Cardoso Reveals. Nigeria’s forex landscape has been under scrutiny,…
Finance Bobo
Naira is Undervalued Because of Distortions – Cardoso
Understanding Naira’s Undervaluation: Insights from Olayemi Cardoso. In a recent statement at the Monetary Policy Committee Meeting on February…
Nigerian Stock Exchange Sees N773 billion Dip In Equities
Nigerian Stock Exchange Witnesses N773 Billion Decline in Equities: Market Update. The Nigerian Stock Exchange (NSE) recently experienced a…
“I’m Not Responsible For Nigeria’s Economic Crisis” – CBN Governor, Cardoso
CBN Governor, Olayemi Cardoso, Dismisses Blame for Nigeria’s Economic Struggles. In a recent statement, Olayemi Cardoso, the Governor of…
Nigeria’s Foreign Capital from US Investors Falls by 88% in Q4 2023
Decline in US Investment: Nigeria’s Foreign Capital Plummets by 88% in Q4 2023. In an unexpected turn of events,…
CBN Intervenes in FX Market, Allocates $20,000 to Each BDC to Stabilize Naira
In a bid to address the prevailing imbalances in Nigeria’s foreign exchange market, the Central Bank of Nigeria (CBN)…
CBN Sells Another N1.58 trillion in Treasury Bills, Interest Rate at 19% for 364-day Bill
CBN Auctions N1.58 Trillion in Treasury Bills, Sets Interest Rate at 19% for 364-Day Bill. In its latest Treasury…
Billionaire Jeff Bezos, Nvidia Join OpenAI in $675 Million Funding for Humanoid Robot Startup
Jeff Bezos, Nvidia, and OpenAI Back Figure AI’s Humanoid Robot Venture with $675M Funding. In the realm of AI…
FG Revamps Fraud-plagued Cash Transfer Programme for Immediate Resumption
Federal Government’s Enhanced Cash Transfer Programme to Combat Fraud and Support Vulnerable Groups. In a bid to address fraud…
Egypt Secures $35 billion Investment Deal From UAE as Nigeria Keeps Waiting
Egypt’s $35 Billion Investment Deal with UAE: Lessons for Nigeria’s Economic Growth. Egypt recently secured a groundbreaking $35 billion…