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CBN And Trove Resolve To Settle Issues Amicably

Investment platform, Trove is in talks with CBN after the Apex bank froze its bank accounts for violating Nigeria’s trading laws. Trove met with...
Akudo Abengowe -
Market

Nigeria Delays Launch Of Central Bank-Backed eNaira Digital Currency

Nigeria has delayed the launch of its eNaira digital currency, initially planned for Friday, because of the country's Independence Day celebrations, the Central Bank...
Akudo Abengowe -
Market

“It Is About Time Farmers Started Making Money From Their Trade. We Have Cheat Them Too Much In This Country.”

You emerged as FEPSAN secretary about two years ago, how would you describe your experiences so far? So far, it has been good, I have...
Ayobanna Ikeanumba -
Market

FOREX WAR: WHEN NIGERIA KILLED THE DRAGON HALF-WAY

The 137th monetary policy meeting which was held on 27th July 2021 concluded with the Central Bank of Nigeria taking an aggressive stance to...
Ayobanna Ikeanumba -
Market

NAIRA EXCHANGE RATE INCREASES TO 580 TO A DOLLAR

The naira exchanged to the dollar at 580 on Friday, while the Pound Sterling traded for 780 at the parallel market. Some Bureau de Change...
Akudo Abengowe -
Market

Oil nears $80 on Energy Crunch But Nigeria struggling to meet OPEC quota

Oil rallied at the start of the week’s trading on Monday amidst signs that the crude market is tightening under the weight of a...
Akudo Abengowe -
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