DRC Central Bank Holds Rate at 25%: Stability or Stagnation?
The Democratic Republic of Congo (DRC) made headlines this week with its central bank's decision to maintain the policy rate ...
Tag: Finance
Why China Won’t Print Its Way Out Of Inflation
China has opted not to print large amounts of money to solve its economic problems, despite facing a massive housing ...
Stockbrokers Express Concern Over Bill Seeking To Modify CBN’s Autonomy
The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have voiced reservations about ...
Stock Market Opens Mixed As Inflation Data Takes Center Stage
US stocks opened on a mixed note on Tuesday, with technology stocks leading the charge, as investors shifted their focus ...
Bitcoin In Free Fall As Mt. Gox Begins Massive Creditor Payouts
Bitcoin prices fell under pressure on Tuesday as the failed exchange Mt. Gox initiated a long-awaited transfer of over $9 ...
Yen Plumbs 16-Year Low Against Pound as Interest Rate Disparity Weighs
The Japanese yen has suffered a significant decline, reaching its weakest point in almost 16 years against the British pound, ...
European Stocks Face Valuation Conundrum
London, UK - European stocks are facing a valuation conundrum, as mid-sized companies struggle to attract investors despite their growth ...
Vedanta’s $1 Billion Share Sale: A Desperate Gamble or a Smart Move?
Vedanta's surprise announcement of a $1 billion share sale has left investors and analysts scratching their heads. Is this a ...
Tech FOMO: The Fear of Missing Out on the Next Big Thing
Are you feeling the pressure to jump on the tech bandwagon? You are not alone. Investors are piling into tech ...
Fintech Companies to Resume Enrollment of New Members in a Few Months – CBN
The Central Bank of Nigeria (CBN) recently announced that mobile money operators, including fintech firms like OPay, Palmpay, Kuda Bank, ...
CBN Raises Interest Rate Again: Implications for the Common Man
The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points, from 24.75 percent to 26.25 ...
Collapsed Cryptocurrency Exchange FTX to Reimburse Customers
Collapsed cryptocurrency exchange FTX has proposed a plan to repay funds lost by customers during its liquidation. The company aims ...
Nigeria Requested $150M Bribe From Binance
The Chief executive officer of binance, Mr. Richard Teng have accused Nigeria of some shady practices involved in the detainment ...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, April 4 2024
As of today, April 4 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN) ...
Former Steinhoff CEO Fined for Misleading Financial Statements
Markus Jooste, the former head of retail giant Steinhoff, has been hit with a hefty fine for his role in ...
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