Investors Suffer N103 Billion Loss as Insurance and Banking Stocks Decline
The Nigerian Stock Exchange (NGX) witnessed a decline in investor wealth, with a total loss of N103 billion. This downturn ...
Tag: Finance
NDDC Embraces Technology for Enhanced Financial Transparency, Says Managing Director
The Managing Director of the Niger Delta Development Commission, Samuel Ogbuku, announced that the commission plans to utilize technology to ...
Fed’s Potential Money Printing to Boost Cryptocurrency Prices, Says Arthur Hayes
Renowned economist and cryptocurrency expert Arthur Hayes has shared his insights on the potential impact of the Federal Reserve's monetary ...
Nigeria’s public debt reaches N121.7 trillion
Nigeria's total public debt was N121.67 trillion ($91.46 billion) at the end of March this year. The Debt Management Office ...
Binance Slapped with $2.25 Million Fine by India’s FIU
In a fresh blow to Binance’s already embattled reputation, India's Financial Intelligence Unit (FIU) has hit the crypto exchange with ...
UK Inflation Returns to 2% Target
The latest figures from the Office for National Statistics (ONS) reveal that the UK's inflation rate has decreased to 2%, ...
AfDB Matches Italy’s $150m Loan for African Development Projects
The African Development Bank (AfDB) has announced its commitment to match the $150 million in concessional loans and grants provided ...
London Stock Exchange Regains Title as Europe’s Largest Stock Market
The London Stock Exchange (LSE) has reclaimed its position as Europe's most valuable stock market, surpassing the Paris Stock Exchange ...
Asian Stocks Decline Amid Political Uncertainty and Central Bank Anticipation
Asian stocks fell as investors parsed the potential impact of political volatility in France and elsewhere, while awaiting policy decisions ...
Spot Ethereum ETFs Poised to Revolutionize Cryptocurrency Investment Landscape
The United States Securities and Exchange Commission (SEC) has announced its intention to permit the trading of spot Ethereum exchange-traded ...
The Dollar’s Days Are Numbered: Over $70B in Trade Breaks Free
"Buckle up, folks! The dollar's dominance is under attack, and the global economy is about to get a whole lot ...
Russian Central Bank Announces Chinese Yuan as Primary Foreign Currency
Moscow, Russia - The Central Bank of the Russian Federation (CBR) has officially designated the Chinese yuan as the primary ...
Nigeria’s Inflation Soars to Highest Level in Decades
Nigeria's inflation rate has skyrocketed to a staggering 33.95%, the highest level in 28 years, according to official data released ...
Nigerian Equities Market Experiences Significant Decline, Investors Lose N206 Billion
Lagos, Nigeria - The Nigerian equities market experienced a significant decline on Friday, with investors losing a total of N206 ...
MicroStrategy Plans to Raise $500 Million to Boost Bitcoin Holdings
Business intelligence firm MicroStrategy has announced plans to raise $500 million through the sale of its class A common stock, ...
