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The CBN has extended the interest rate forbearance it grants to borrowers of some of its intervention funds by one year.
Cryptocurrencies will continue to provoke distrust and criticism from established authorities like the CBN until its ecosystem matures and it has a clear use case.
The CBN has fined 3 commercial banks a total of N800 million for failing to comply with regulations prohibiting cryptocurrency transactions.
Recent events have shown that Nigerian oil in the global oil market is the equivalent of a bench player in a star-studded team.
The restrictions were implemented due to the directive of the Federal Government.
Elon Musk has been announced as a new board member of Twitter barely two days after it was revealed that he had purchased a stake in the microblogging site.
Private sector credit in Nigeria has hit unprecedented levels, standing at N24.45 trillion as of the end of January 2022...
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 33 basis point.
SOL, led the top 10 cryptocurrencies by market capitalization, in terms of price appreciation in the month of March, 2022.
Fidelity Bank will need more than a strong performance from its fees and other income division to keep investors happy.
The combined market capitalization of SWOOTs appreciated by 1.13% to close at N18.33 trillion from N18.12 trillion the previous week...
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 7.19% to close at N2.38 trillion as at 1st of April, 2022.