Business

Bitcoin nears $60,000 for first time in over 3 years

The world's largest cryptocurrency, bitcoin, surged for a fifth day on Wednesday, February 28, 2024, to near $60,000, which would…

2 years ago

CBN begins daily sales of $20,000 at N1,301/$ to BDCs

As part of the efforts to stabilise the forex market, the Central Bank of Nigeria (CBN) has commenced the sale…

2 years ago

CBN raises interest rate to 22.75%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 400 basis points from 18.75 per…

2 years ago

Bitcoin rises above $57,000 for first time in 2 years

Bitcoin hit a two-year high above $57,000 in Asia trade on Tuesday, February 27, on signs of heavy institutional buying,…

2 years ago

Nestle, Eterna lose as equity market drops N51bn

The market capitalisation of the Nigerian Exchange Limited (NGX), on Monday, February 26, 2024, dropped by N51 billion. The market…

2 years ago

Tinubu names Dangote, Elumelu, Rabiu, others in economic advisory c’ttee

President Bola Tinubu has named the Chairman of United Bank for Africa (UBA), Tony Elumelu, the Chairman of Dangote Group,…

2 years ago

Tinubu sets up economic advisory committee

President Bola Tinubu has created an economic advisory committee comprising the federal government, sub-nationals, and the private sector. This was…

2 years ago

Breaking: Tinubu meets Dangote, Elumelu, others at Aso Rock

President Bola Tinubu is currently meeting with the Chairman of Dangote Group, Aliko Dangote, the Chairman of the United Bank…

2 years ago

BDC: CBN orders forex sellers above $10,000 to declare sources

The Central Bank of Nigeria (CBN) has directed foreign exchange sellers to Bureau De Change (BDC) of the equivalent of…

2 years ago

Borno govt rakes in N2.8bn IGR in one month

The Borno State Government has generated N2.8 billion Internally Generated Revenue (IGR) between January 1 and February 15, 2024. The…

2 years ago

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