CBN Directs Nigerians to Start Spending Old Naira Notes

In compliance with the Supreme Court order, the Central Bank of Nigeria (CBN) has announced a decision to extend the implementation of the naira redesign … Read more

Brent Crude Price Slumps to 9-Week Low

The crude oil market kick starts a fresh but massive prices decline following instability in the financial services sector in the United States, reducing positive …Read more

China Announces Full Borders Reopening

China on Tuesday announced the full reopening of its borders after three years of strict anti-Coronavirus (Covid) measures taken to protect global communities…Read more

Rolls-Royce Announces New Leadership for Africa

Rolls-Royce Plc has announced the appointment of John Kelly to the position of President – Middle East, Türkiye and Africa, with immediate effect, the company…Read more

Naira Falls Amidst CBN Update on Local Currency

Nigerian naira lost 0.04% against the United States dollar N461.67 at the Investors’ and Exporters’ foreign exchange (FX) window, according to market data obtained …Read more

Bitcoin Inches Near $25,000 in Fresh Cryptos Rally

Bitcoin price continued to rally early Tuesday as a key US banking sector risk indicator spiked, strengthening the case for a pause in Federal Reserve’s hawkish ….Read more

Pfizer to Acquire Seagen for $43bn

Pfizer, the pharmaceutical giant, has entered a merger agreement with Seagan Inc., a global biotechnology company, for 43 billion United States dollars; translating …Read more

Nigerian Exchange Slides after Better Weeks

The Nigerian equities market started the week’s trading with mixed sentiments as buying interest in BUAFOODS was offset by late selloffs of ZENITHBANK and GTCO. Read more

SVB Financial Group, CEO, CFO Sued for Fraud

SVB Financial Group’s top executive officers were sued on Monday by shareholders who accused them of concealing how rising interest rates would leave …Read more

Dollar Falls as SVB Pressures Dampen Rate Hike

While policymakers move to swiftly restore confidence, the dollar falls as U.S. banking crisis fears reduce the prospect of the Federal Reserve stepping up the pace … Read more