Forex trading: Major red flags to avoid
Trading shouldn’t begin if the trader does not have a basic understanding of the markets and a constant analysis of...
Africa’s richest man posts a daily loss of $681 million as Dangote Cement stock lost 8.5%
Africa's richest tycoon experienced a slight moderation in his wealth as Dangote Cement, the country's most capitalized stock, posted a...
Yemi Cardoso’s Tightrope Walk: Balancing a faltering naira and a resilient dollar
Mr. Yemi Cardoso, the acting governor of the Central Bank of Nigeria, faces an impossible challenge in trying to tame...
Price stagnation on petrol in Nigeria affirms subsidy as brent crude hits $95 a barrel
Brent crude crossed the $95 per barrel threshold as the value of the naira versus the US dollar hit a...
Naira dips: New CBN team faces challenge as U.S. Dollar maintains six-month high
A recent surge in U.S. economic growth has spurred a renewed rally in the dollar, sparking frenetic activity among forex...
Bitcoin surged to its highest level this month, posts first weekly gain since August Â
The largest crypto asset by market value has increased about 2.5% since last Saturday to as the digital asset was...
FTSE Russell Downgrades triggers sell-offs of Nigeria’s premier banking stocks
Nigeria's stock market took a dramatic plunge to start the week, erasing the gains of the prior week, as FTSE...
Turkish court sentences cryptocurrency exchange founder to 11,196 years in prison
Faruk Fatih Ozer, who ran Thodex a Turkish-based crypto exchange until its collapse in 2021, was sentenced to 11,196 years...
Naira falls at black market as dollar index hit 6 months high Â
The dollar steadied near six-month highs as lingering signs of inflation in the United States stoked lingering concerns about the...
Sugar turns to white gold in Nigeria, hits N835,400 per ton
Sugar prices have skyrocketed in Nigeria, with increased demand combined with worsening weather conditions and price indexes of currency scarcity.
