More Money For Nigerian Bank Customers ? CBN Increases Interest Rate On Savings Account Deposits.
The Central Bank of Nigeria (CBN), earlier in the week has directed banks to increase the minimum…
Nigeria External Reserve Falls Again , Loses $337 Million in 2 Weeks. Further Naira Depreciation Likely.
Nigeria’s external reserves fell again by $337 million in the first two weeks of August,…
Nigeria Inflation Reaches 17 Year High, Nears 20% As Crypto Traders Go For Stablecoin USDT, BUSD.
The National Bureau of Statistics has said Nigeria’s headline inflation rate increased to 19.64 per…
Ghana Inflation Rises Further To 31.7 % All Time Record…, as Cedi Falls 30% Against Dollar.
Ghana’s inflation rate rose higher in the month of July 2022 from 29.8% recorded in…
Nigerians Has Traded Near N500 Billion In Bitcoin Despite CBN Ban
Nigerians traded N497.35bn ($1.16bn) worth of Bitcoin from the beginning of 2021 to June 2022,…
Central African Republic President Describes Launch Of Crypto, Sango Coin As an Important Milestone.
Faustin-Archange Touadéra, president of Central African Republic’s (CAR) over the week noted that the launch of the…
“Set Naira Free” Expert Tells CBN, Says Naira Is Overvalued By 200%.
The Managing Director of Financial Derivatives Company Limited (FDC), Bismarck Rewane in an interview earlier…
Posted inEconomy NEWS Regulations
Nigerian Banks Allegedly Engage In Fraudulent Transactions And Unauthorized Personal Data Usage.
A new investigative report has alleged that financial institutions are unabashedly engaging in fraudulent financial…
Nigeria on Economic Collapse; External Reserve Down to $15b, Experts Predict Sri Lanka Situation
Nigeria Nears Economic Collapse; External Reserve Down to $15b Contrary to CBN's $36b Claim With…