PNUT Memecoin Drops by 5% Following Legal Warning to Binance
The PNUT memecoin, which gained widespread attention during the U.S. election cycle, lost 5% of its value following a legal ...
Tag: Finance
Nigeria 2025 Budget: Another Chapter of Promises or a Turning Point for Change?
As 2025 approaches, Nigeria's budget is back in the spotlight. Or is it really? Every year, the budget process feels ...
Bitcoin Reaches New Heights Above $106,000 Amid Market Speculation
On Monday, December 16, 2024, Bitcoin reached a new record high of $106,533. This happened because people thought the U.S. ...
NGX Imposes 3,792 Sanctions on Erring Brokers Over 13 Years
The Nigerian Exchange Group (NGX Group), using its regulatory branch called NGX Regulation Limited (NGX Regco), has given 3,792 penalties ...
CBN Slams N150m Fine on Banks Fueling Naira Hawking Scandal
The Central Bank of Nigeria (CBN) has announced a hefty N150 million fine for each branch of any Deposit Money ...
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 ...
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 ...
