Computer Village merchants signal higher prices for gadgets, blame CBN forex policy
Nigerians are on course to pay more for electronic gadgets and computer accessories, a recent survey carried out by Nairametrics reveals. ...
Tag: Featured
Exchange rate used for purchasing stocks via fintech apps falls to N522/$1
The exchange rate for converting naira to dollar using FinTech apps nosedived to N522/$1 according to data collated from the ...
Increase in prices of milk, coffee, egg, others, drive food inflation in Nigeria
The prices of food items in the country have been rising persistently, causing anxiety among consumers, even as the latest ...
CBN freezes bank accounts of six fintech platforms for 180 days
A federal high court in Abuja has granted the request of the Central Bank of Nigeria (CBN) to freeze accounts ...
Nigeria’s foreign reserve could surpass $40 billion by September – EFG Hermes
Nigeria’s foreign reserve has been projected to surpass the $40 billion threshold by September 2021, following the $3.35 billion direct ...
Nigeria’s import cover drops to lowest since February
The number of months that Nigeria’s foreign exchange reserve will cover its import bill fell to 8.75 months according to ...
Microfinance Bank staff are making a fortune from UK-bound Nigerians
Instead of issuing loan facilities to the real sector and SMEs, some Microfinance Banks (MFBs) now give loans to United ...
FIRS vs. Rivers State VAT Conundrum: States will be the biggest losers if ruling is upheld
The recent VAT ruling in favour of Rivers State against the Federal Government is likely to trigger a vicious battle ...
FUGAZ stocks investors gain N12.35 billion during the week
The market capitalization of the top five banks referred to as the Tier-1 banks increased to N2.44 trillion at the ...
The SWOOT gain 2.56% in market cap to N13.96 trillion
The combined market capitalization of the stocks worth over one trillion (SWOOT) appreciated by 2.56% to close at N13.96 trillion ...
