$26bn Illicit Flows Pass Through Binance Nigeria – Cardoso
$26bn Illicit Flows Pass Through Binance Nigeria – Cardoso The Central Bank of Nigeria (CBN) governor Yemi Cardoso says over $26 billion in illicit flows has passed through the crypto…
Read moreNGX Slumps as Investors React to Aggressive Rate Hike
NGX Slumps as Investors React to Aggressive Rate Hike The Nigerian Exchange (NGX) slumped on Tuesday as equities investors reacted negatively to aggressive interest rate hikes by the Central Bank.…
Read moreNo Weekly FX Sales to Bureau De Change – CBN
No Weekly FX Sales to Bureau De Change – CBN The Central Bank of Nigeria (CBN) has denied a move to return to weekly forex sales to Bureau De Change…
Read moreRemoval of Petroleum Subsidy Challenging but for Long Term Energy Security – Tinubu
Removal of Petroleum Subsidy Challenging but for Long Term Energy Security – Tinubu President Bola Tinubu on Tuesday said the decision to remove petroleum subsidy was a challenging one, but…
Read moreCBN Hikes Interest Rate by 4%
CBN Hikes Interest Rate by 4% The Monetary Policy Committee (CBN) of the Central Bank of Nigeria (CBN) increased the benchmark interest rate by 4% at the end of the…
Read moreUMG Buys Majority Stake in Mavin Records
UMG Buys Majority Stake in Mavin Records Universal Music Group (UMG) has purchased a majority stake in Mavin Global, a record label founded by Don Jazzy. Mr Lucian Grainge, Chief…
Read moreNGX Down Midday over Big Banks Stock Selloffs
NGX Down Midday over Big Banks Stock Selloffs The Nigerian Exchange (NGX) equities market capitalisation is trending downward during the intraday trading session as a raft of selling rallies hit…
Read moreCSL Predicts 100bps Rate Hike as MPC Concludes Meeting
CSL Predicts 100bps Rate Hike as MPC Concludes Meeting CSL Stockbrokers Limited said the monetary policy committee of the Central Bank of Nigeria (CBN) is likely to satisfy its hawkish…
Read moreOil Prices Increase as China Boosts Crude Buying
Oil Prices Increase as China Boosts Crude Buying Oil prices edged higher in the global commodities market amid expectations of stronger spot crude purchases in China and a stronger physical…
Read moreTotalEnergies, Shell, Chevron Double Down on African Oil, Gas
TotalEnergies, Shell, Chevron Double Down on African Oil, Gas Leading IOCs are affirming their commitment to African oil and gas – a positive indication for service providers, drilling contractors and…
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