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Economics FEATURED Money TOP STORIES 

Naira crashes at I&E window as forex reserves fall further

February 10, 2021February 10, 2021 Markets Reporters 0 Comments FMDQ Group, Forex reserves, naira

The naira fell to 401 against the dollar on Tuesday at the Investors’ and Exporters’ Foreign Exchange Window. The local

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FEATURED Latest Money TOP STORIES 

Naira weakens further at investors, exporters’ forex window

February 9, 2021February 9, 2021 Markets Reporters 0 Comments Bismarck Rewane, CBN, I&E window, naira

The naira extended its decline on Monday at the Investors’ and Exporters’ Foreign Exchange Window, falling by 0.59 percent against

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FEATURED Latest Money TOP STORIES 

Rewane sees further devaluation as naira wobbles against dollar

February 7, 2021February 7, 2021 Markets Reporters 0 Comments Bismarck Rewane, CBN, naira devaluation

The Nigerian currency is expected to be further devalued this year as it is overvalued by 28.79 percent, a renowned

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FEATURED Latest Money TOP STORIES 

Cryptocurrency ban: Is CBN on collision course with SEC?

February 6, 2021February 6, 2021 Markets Reporters 0 Comments CBN, Cryptocurrency, SEC

The prohibition of cryptocurrency transactions in Nigeria has raised questions about whether the Central Bank of Nigeria and the Securities

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FEATURED Latest Money TOP STORIES 

Cryptocurrency: ‘Your funds intact, CBN ban will be resolved soon’

February 6, 2021February 6, 2021 Markets Reporters 0 Comments CBN ban, CoinNest, Cryptocurrency

A major cryptocurrency exchange in Africa has expressed confidence that the ban on cryptocurrency transactions in Nigeria by the Central

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FEATURED Latest Money TOP STORIES 

Ecobank Nigeria seeks to raise $300m via Eurobond

February 6, 2021February 6, 2021 Markets Reporters 0 Comments Ecobank Nigeria, Eurobond

Ecobank Transnational Incorporated announced on Friday that its subsidiary, Ecobank Nigeria Limited, is seeking to raise capital from the international

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FEATURED Latest Money TOP STORIES 

Nigerian central bank orders closure of cryptocurrency accounts

February 5, 2021February 5, 2021 Markets Reporters 0 Comments CBN, Cryptocurrency

The Central Bank of Nigeria has directed banks and other financial institutions in the country to close all cryptocurrency accounts

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FEATURED Latest Money TOP STORIES 

Naira weakens at I&E window as forex reserves shed $323m

February 3, 2021February 3, 2021 Markets Reporters 0 Comments FMDQ Group, Forex reserves, naira

The naira fell by 0.13 per cent on Wednesday to close at 395.50 against the dollar at the Investors’ and

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FEATURED Latest Money TOP STORIES 

S&P Global affirms AfDB’s AAA rating with stable outlook

February 1, 2021 Markets Reporters 0 Comments AfDB, Akinwunmi Adesina, S&P Global Ratings

A ratings agency, S&P Global Ratings, has affirmed its “AAA/A-1+” foreign currency issuer credit rating of the African Development Bank

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FEATURED Latest Money TOP STORIES 

Ex-Guinness CEO, two others join FBN Holdings’ board

January 30, 2021January 30, 2021 Markets Reporters 0 Comments FBN Holdings, Juliet Anammah, Otu Hughes, Seni Adetu

FBN Holdings Plc, the holding company of First Bank of Nigeria Limited, has announced the appointment of Mr Seni Adetu

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