Banking & Finance
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Bitcoin crosses $60,000 mark the first time in six months
The price of Bitcoin, the world’s most popular cryptocurrency, appreciated by 7.96 per cent in the last 24 hours, touching…
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Naira in another record fall at official market
Naira weakened further against the U.S. dollar at the official market on Thursday, after reaching a record low on Wednesday,…
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Domiciliary account balances in Nigeria estimated at $16bn
Nigeria has an estimated $16 billion in domiciliary accounts of commercial and merchant banks, data from the Central Bank of…
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CBN postpones planned unveiling of eNaira
The Central Bank of Nigeria says it has postponed the unveiling of the country’s first digital currency, eNaira, citing key…
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e-Naira ‘ll reduce risk of being defrauded – Expert
By Mike Adeyemi An Ilorin based financial expert, Babatunde Salami has said the proposed e – naira policy of the…
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Naira hits all-time low at official market
Naira weakened significantly against the U.S. dollar at the official market Friday, reaching its lowest rate in that market, even…
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Armed robbers’ threat: Banks refuse to open in Ijebu Ode
The Ogun State Police Command has expressed anger over the refusal of commercial banks to open for business in the…
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Bitcoin plummets as China declares all cryptocurrency transactions illegal
On Friday, Bitcoin fell by 5.49 percent to about $42,000, while ethereum slumped by 7.71 percent to $2,899, according to…
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Naira records slight gains after Nigeria raises $4 billion in Eurobond
Following yesterday’s report of the $4 billion Eurobond Nigeria raised, which was dubbed one of the biggest financial trades to…
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Naira crash: PDP demands CBN gov’s resignation
The Peoples Democratic Party has demanded the resignation of the Governor of the Central Bank of Nigeria, Godwin Emefiele, over…
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