Analysts Anticipate 50 Basis-Point Rate Hike Amid Persistently Elevated Inflation
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has commenced its final two-day meeting for 2024 ...
Tag: Finance
Trump Declares Immediate Tariffs on Mexico, Canada and China
Donald Trump has announced that he will hit China, Mexico and Canada with new tariffs as from the first day ...
Nigeria’s GDP Crisis: A Nation Failing Its States, A Future Hanging by a Thread
Nigeria, Africa's so-called "Giant," is struggling due to its unfulfilled promises and a troubled economy. The country's economic crisis is ...
Nigeria’s Unemployment Rate Declines to 4.3% in Q2 2024
The National Bureau of Statistics (NBS) has announced that Nigeria's unemployment rate has gone down. In the second quarter (Q2) ...
Equity Market Gains N77bn, Nears N60tn Capitalisation
The Nigerian stock market saw a significant gain of N77 billion last week, raising the total market capitalisation to N59.29 ...
Crypto Market Sees $470M Liquidations as Bitcoin Pulls Back, Altcoins Rally
The cryptocurrency market experienced significant sell-offs over the weekend when Bitcoin dropped about $4,000, leading to the highest liquidation levels ...
Nigeria Loses $492 Billion Annually to Low Tax Collection, Report Reveals
Nigeria loses $492 billion annually to multinational corporations and wealthy individuals exploiting tax havens to underpay taxes, according to the ...
Memefi List Token After Airdrop
Memefi, a Telegram-based play-to-earn Web 3 project, has concluded its airdrop campaign and has officially started its token launch and ...
COP29: Countries Commit to $300 Billion Annual Climate Finance for Poorer Nations
At the COP29 climate meeting in Baku, countries have decided to set a goal of $300 billion each year by ...
Climate Finance Dispute Pushes COP29 to Brink of Collapse
The COP29 climate conference faces a significant crisis as reports indicate several developing nations, including members of the Alliance of ...
Will Bitcoin Ever Hit $100K?
Bitcoin reaching $100,000. This number has been talked about in Wall Street, shared widely on crypto Twitter, and discussed endlessly ...
Tinubu’s Reforms Save Nigeria $20 Billion – Finance Minister Wale Edun
Nigeria's Finance Minister, Wale Edun, said that President Bola Tinubu's important economic changes, including the removal of the fuel subsidy ...
Nigerians Don’t Have Money for Chicken, They’ll Eat Egg This Christmas
Christmas in Nigeria used to be wonderful—a time of happiness, big meals, and family get-togethers where the smell of freshly ...
Bitcoin Hits $94,000, Sets New All-Time High
Bitcoin, the leading cryptocurrency, hit a new record high of $94,000 last night, continuing its strong upward trend. This jump ...
CBN Warns Against Fake ‘Swift’ Messages, Decries Deceptive Claims
The Central Bank of Nigeria (CBN) has advised the public to be careful of fake 'Swift' messages and false statements ...
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