First Bank to Migrate to Cloud, Warns of Service Disruptions
First Bank has just announced it’s jumping on the cloud bandwagon, following in the footsteps of other big Nigerian banks, ...
Tag: Finance
The IMF’s Naira Stability Fantasy: A Slap in the Face of Nigerians
In a remarkable show of economic skill, the International Monetary Fund (IMF) has announced that the Nigerian Naira is "stable." ...
Naira Exhibits Stability Signs, International Monetary Fund Reports
The International Monetary Fund (IMF) has observed that Nigeria's currency, the naira, is showing signs of stability because of smart ...
International Monetary Fund Projects Nigeria’s Economy to Grow by 3.2% in 2025
The International Monetary Fund (IMF) has released its latest World Economic Outlook (WEO) report, which predicts that Nigeria's economy will ...
X Empire Players Express Outrage Over Token Allocation Exclusion Ahead of October 24 Airdrop
Cryptocurrency Participants of the X Empire project have expressed dissatisfaction after a significant number of players were excluded from receiving ...
Putin Urges BRICS Nations to Adopt Cryptocurrencies
Russian President Vladimir Putin has suggested that the BRICS countries (Brazil, Russia, India, China, and South Africa) should start using ...
CBN Governor’s ‘Genius’ Plan to Solve Nigeria’s Economic Crisis
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has unveiled his revolutionary solution to Nigeria’s struggling ...
CBN Allocates N1.73 Trillion For Food Imports In Six Months
The Central Bank of Nigeria (CBN) has released data showing that it spent $547.7 million (N823.19 billion) on importing food ...
Nigerian Naira Posts Weekly Gain of N40.49 in Official Foreign Exchange Market
The Nigerian naira increased by N40.49 compared to the previous week in the official foreign exchange market, even though the ...
Inflation Alert: Nigeria’s Economy Teeters on the Brink
Nigeria's high inflation rate, which was about 17.01% in August 2024, has puzzled economists, government officials, and business leaders. The ...
National Bureau Of Statistics Reports Rise In Cooking Gas Prices
The National Bureau of Statistics (NBS) has published its "Cooking Gas Price Watch" report for September 2024, showing a notable ...
Brexit Cost London 40,000 Finance Jobs — City Chief Says
Britain's exit from the European Union cost London's financial centre about 40,000 jobs, according to the Lord Mayor of the ...
Nigeria’s Food Inflation Surges to 37.7% in September
In September, Nigeria's food inflation rate went up to 37.7%, which is higher than it was for the previous two ...
Nigerian Stock Market Defies Inflation Concerns, Rallies 0.62%
The Nigerian stock market started the week with a positive performance, showing a 0.62% increase despite worries about rising inflation. ...
Nigeria’s Economic Reforms: A Leap of Faith or a Recipe for Disaster
As Nigeria starts its newest efforts to improve its economy, I can't help but wonder if this is a real ...
