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The Nigerian Stock Exchange on Wednesday said it is collaborating with JP Morgan Chase to facilitate in-depth capacity building programme on the derivatives market.
Regulators are reportedly concerned that the Libra currency could shut out rivals and create “competition restrictions” related to the use of information and consumer data. The EU is also examining the integration of Libra wallets into Facebook’s WhatsApp and Messenger services, according to Bloomberg.
The Central Bank of Nigeria (CBN) has released guidelines for the disbursement of lower denominations of the naira through microfinance banks (MFBs) across the country.
The declining fortune of the naira in the Investors and Exporters (I&E) window is expected to continue this week even as the Central Bank of Nigeria (CBN), in a bid to defend the nation’s currency injected $540 million into the window in July.g
The Nigerian central bank has been intervening in the currency market over the past two weeks to keep the naira stable as foreign investors took profits after yields fell on the local debt market, a trader told Reuters.
Almost 70 per cent of Nigeria’s imports come from China and other Asian countries, while a paltry 12 per cent comes from the United States of America. This must have, no doubt, influenced the decision of the Federal Government to negotiate a currency swap deal with China.
Nigerian couple loses over $15,000 to US Customs and Border Protection officers at Baltimore Airport. Above a woman being quizzed by a CBP officer
The Central Bank of Nigeria, CBN, has disclosed that there are over 8 billion pieces of different denominations of Nigerian currencies valued at N2.15billion in circulation in the country as at March 2019.
The United States has tightened restrictions on Iran's nuclear programme by failing to renew two key sanctions waivers which allowed Russia and the European nations to do business with Tehran.
The National Emergency Management Agency (NEMA) has received another batch of 145 stranded Nigerians from Libya.
US President Donald Trump has vowed to delay a planned tariff increase on Chinese exports after both sides hailed “substantial progress” in trade talks, raising the prospect of a summit with President Xi Jinping to seal the deal.
Nigeria on Sunday awaited results from its presidential election as civil society groups warned that disorganisation and violence may have undermined the polls.
Timi Soleye returned home to Nigeria from the United States to set up a gas logistics business six years ago, encouraged by predictions of growth and an expanding middle class.
Nasarawa State Governor Abdullahi Sule has signed about four hundred Certificates of Occupancy since assumption of office on May 29th.
The Action Alliance in Kogi State on Saturday unanimously adopted a United States-based medical practitioner, Samuel Audu Alfa as its candidate in the November 16th governorship election.
French President Emmanuel Macron hosted his US counterpart Donald Trump for a previously unscheduled lunch Saturday ahead of the official opening of the G7 summit in southwest France.
At the 2-day presidential retreat that preceded the inauguration of new ministers, President Muhammadu Buhari apprised the appointees on the enormity of the tasks ahead.
Vincent Kompany faces weeks on the sidelines after suffering another hamstring injury as his Anderlecht team lost again to continue their winless start to his managerial debut, according to reports.
Barcelona have offered Paris Saint-Germain a €190million deal for Neymar, ESPN reports.
U.S. President Donald Trump has lauded Britain’s new Prime Minister Boris Johnson, saying that he is “going to be very important for the UK,” ahead of their first official meeting this weekend at the G7 in France.
Minister of Finance, Zainab Ahmed, has warned that the Nigerian economy could go into fiscal crisis if the country fails to increase its revenue.
The Action Alliance (AA) has rejected last week’s ruling by a Federal High Court in Abuja, nullifying the candidature of its governorship candidate in the Imo State 2019 governorship election, Uche Nwosu.
Ousmane Dembélé has been given his ‘final warning’ by the Barcelona directors after his failure to show up for a medical examination this week.