Business & Finance
NBS says Nigeria Records N6.5 Trillion Trade Surplus in Q1 2024
The National Bureau of Statistics (NBS) has released its foreign trade report for the first quarter of 2024, revealing a...
Nigeria’s Current Account Balance Shows Resilience, Reaches $1.432 Billion In 2024
Despite the prevailing economic downturn in Nigeria, the country's current account balance has demonstrated a remarkable surge, reaching a substantial...
European Central Bank Rate Cut Expected To Impact Euro Exchange Rate And Inflation
The European Central Bank (ECB) is anticipated to reduce borrowing costs, potentially impacting the euro exchange rate and inflation. This...
Technical Error At New York Stock Exchange Causes Trading Halts
A technical glitch at the New York Stock Exchange (NYSE) resulted in numerous erroneous trading halts, affecting a range of...
European Commission To Launch Formal Investigation Into E&’S €2.2BN Telecoms Asset Acquisition
The European Commission has announced its intention to conduct a thorough investigation into e&'s (formerly known as Etisalat) proposed acquisition...
Bitcoin Enters Bullish Period As Price Recovers 2022 Losses
Bitcoin, the pioneering cryptocurrency, has made a remarkable comeback, rebounding from its 2022 lows and recouping nearly all of its...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, June 9 2024
As of today, June 9 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
The Minimum Wage Debate: A Scathing Indictment of Our Nation’s Priorities
Enough is enough. We need to take a stand and demand a living wage. As I delve into the minimum...
Exchange Rate Gains Now 20% of FAAC Allocation, Report Reveals
A recent report from Agora Policy has revealed that exchange rate gains have increased significantly, now constituting 20% of the...
Singapore Laundering Scandal: Banks With Most Deposits Revealed
The final defendant in Singapore's largest money laundering case has pleaded guilty, paving the way for the city-state to decide...
Fidelity Wins ETF Revenue-Sharing Deals Amid Industry Shift
Fidelity Investments has secured revenue-sharing agreements with multiple exchange-traded fund (ETF) managers, following its controversial fee policy announcement. This move...
Bitcoin Rally Reinvigorates Crypto Market, Sparking Renewed Interest And Investment
A notable development in the cryptocurrency space has occurred, as Bitcoin's recent surge to near record highs has precipitated a...
Ecobank Transnational Incorporated: Shareholders Approve $600m Capital Raise
Lome, Togo - At the 36th Annual General Meeting and Extraordinary General Meeting of Ecobank Transnational Incorporated, shareholders authorized the...
IMF projects Nigeria’s GDP to reach $1.85 trillion by 2029
Nigeria's GDP is predicted to grow to at least $1.852 trillion in Purchasing Power Parity terms by 2029, according to...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, June 8 2024
As of today, June 8 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
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