ECB Reduces Interest Rates to 3%, Signals Weaker Eurozone Growth
The European Central Bank (ECB) has lowered its main interest rate by 25 basis points to 3%. This decision shows ...
Tag: Finance
Yield on 1-Year T-Bills Drops Further as DMO Manages Borrowing Costs
Nigeria's one-year Treasury bills (T-bills) are showing lower returns as the Debt Management Office (DMO) takes steps to manage borrowing ...
Naira Plummets to N1,745/$1, Speculators Blamed
The value of the Nigerian naira compared to the US dollar has dropped significantly in the unofficial market, reaching about ...
5 Explosive Crypto Assets Poised to Dominate the 2025 Bull Run
The cryptocurrency market has always been a constantly changing environment, offering new chances for investors during each surge in prices. ...
NAFEM Forex Turnover Surges 61% to $43 Billion
The Nigerian Foreign Exchange Market (NAFEM) saw a surge in foreign exchange trading, going up by 61.9 percent to $43.09 ...
MicroStrategy Chairman Urges U.S. to Sell Gold and Buy Bitcoin
Michael Saylor, Chairman of MicroStrategy and a leading advocate for Bitcoin, has said the United States should sell its gold ...
Global Advertising Revenue to Surpass $1.1 Trillion in 2025
The global advertising industry is expected to grow more than ever before, with earnings predicted to hit $989.8 billion in ...
Cardoso’s First Year: Naira Rally, Stubborn Inflation, and Economic Challenges
Nigeria's Central Bank Governor, Olayemi Cardoso, has completed his first year in office. During this time, the naira has gotten ...
Nigeria’s VAT Collection Hits N1.78 Trillion in Q3 2024
In the third quarter of 2024, Nigeria's Value Added Tax (VAT) collection hit a new high of N1.78 trillion. This ...
Global Oil Prices Drop to $71 as Aramco Cuts Prices for Asia
The cost of global oil, measured by Brent crude futures, has dropped to $71 per barrel, staying under the important ...
Baby Dogecoin Surges 75% Following Elon Musk’s Subtle Endorsement
Baby Dogecoin, a member of the Dogecoin family, saw its price go up by more than 75% after people thought ...
The Naira’s Resurgence: A Beacon of Hope or a Fleeting Mirage?
The Nigerian economy has faced a lot of problems for several months, with the Naira having a hard time keeping ...
FG Releases N44 Billion for Pension Payment
The Federal Government has allocated N44 billion to cover the pension payments for retirees from various Ministries, Departments, and Agencies ...
Nigeria’s Trade Surplus Hits N5.81 Trillion in Q3 2024
Nigeria's trade surplus grew to N5.81 trillion in the third quarter of 2024, according to a report from the National ...
Naira Strengthens Against Dollar as Sellers Struggle to Find Buyers
The Nigerian naira has recorded a significant milestone, increasing quickly against the US dollar on the official Exchange Rate Futures ...
