ACCORDING to an audited financial statement for the financial year 2022 concluded in March, Flour Mills of Nigeria (FMN Plc) offered total cash of N4.20 per share as consideration for …
THE Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has debunked media allegations that JP Morgan has removed Nigeria from its bond index. On Tuesday in Abuja, the …
THE Monetary Policy Committee of the Central Bank of Nigeria increased benchmark interest to 13%, 150 basis points more than the previous rate. It’s the first time anything has changed …
THE Nigerian Central Bank has announced that paper currency will soon be phased out of circulation, urging traders to sign up for the e-Naira. Godwin Okafor, the CBN’s Delta State …
ACCORDING to a sale document tendering for interest, TotalEnergies today has launched the sale of its 10% stake in a Nigerian joint venture Shell Petroleum Development Company (SPDC), with Scotiabank …
MOST major digital assets were trading in positive territory as of Tuesday late afternoon, thanks to a 1.6 percent increase in the previous 24 hours and the recovery seen in …
THE Securities and Exchange Commission (SEC) has published cryptocurrency rules for the Nigerian market, outlining the laws and requirements for traders, and the authority is seeking N30 million in order …
THE naira, Nigeria’s indigenous currency, fell throughout foreign exchange (FX) markets as political and economic uncertainty in Africa’s largest country matured ahead of the 2023 election. Apart from the demand …
WHEN compared to the same period in the previous financial year, Airtel Africa Plc’s profit before tax increased by 82 percent to 755 million dollars in the fiscal year ending …
AS the market capitalization of all digital assets reaches zero, Bitcoin, Ethereum, and other popular cryptocurrencies plummet. According to Coinmarketcap.com, the worldwide crypto market cap was $1.37 trillion today, down …