EFCC to Enforce Laws Against Dollarization of the Economy, Naira Mutilation
EFCC Initiates Measures to Combat Currency Mutilation and Dollarization, Protecting Economic Stability. The Economic and Financial Crimes Commission (EFCC)…
Finance Bobo
Benin Republic Achieves Milestone with $750 Million Dollar Bond Offering
Benin Republic raises $750 million in first-ever dollar bonds as demand hit $5 billion. In a historic move, the…
Nigeria Interest in USDT Highest in Africa Amid High Demand for Dollar
Nigeria’s Growing Interest in USDT Reflects High Demand for Dollars. Nigeria’s increasing fascination with cryptocurrency assets is strongly linked…
Nigerian Ed-tech Startup, Klas, Raises $1Million in Pre-seed Funding
Klas: Nigerian Ed-Tech Startup Raises $1 Million in Pre-Seed Funding. In a significant development for Nigeria’s education technology sector,…
Elon Musk’s Worth Sinks Lower as Tesla’s Capitalization Drops $30Billion
Elon Musk’s Net Worth Declines as Tesla’s Market Cap Drops $30 Billion: What You Need to Know. In 2024,…
Food Prices Remain High Worldwide – World Bank Report
World Bank Report: Global Food Prices Remain High – Key Insights and Solutions. The most recent Food Security Update…
Multichoice Rejects $2.5 Billion Canal+ Acquisition Offer, Says It Was Undervalued
Multichoice Rejects Canal+’s $2.5 Billion Acquisition Bid, Citing Undervaluation Pan-African Pay-TV giant, Multichoice, recently declined a $2.5 billion acquisition proposal…
Naira Face Fierce Dollar Amid Improved FX Liquidity
Naira’s Struggle Persists Despite Increased Liquidity: Market Insights. The Nigerian naira is grappling with challenges as it hovers near…
$2.4 billion FX Backlog not Valid for Settlement – Cardoso
Central Bank of Nigeria Clarifies $2.4 Billion Forex Backlog Status and Future Steps. The Central Bank of Nigeria (CBN)…
Harnessing Solar Power for Homes in Nigeria: A Guide to 24/7 Energy Security in 2024
Importance of Solar Panel and Systems in Nigeria Homes in 2024. In Nigeria, the abundant and consistent sunshine presents…