In its April 2023 Africa’s Pulse report, the World Bank stated that Nigeria’s economy is likely to be driven by the non-oil sector as oil production is projected to keep subdued in 2023 due to many factors. More details from ...

Bitcoin slightly dipped as Binance spot trading was suspended. Crypto exchange Binance suspended spot trading amid an issue on the world’s most-used trading platform for cryptocurrencies. “We are aware of an issue impacting spot trading on Binance,” Binance tweeted. “All ...

Source On Friday, we said that the Fed will have to make an announcement before the Monday open, and we didn’t have to wait that long: in fact, the Fed waited just 15 minutes after futures opened for trading to ...

“Banks that served companies in the high-tech sector were at the center of the events. First of all, these are Silicon Valley Bank, Signature Bank, and Silvergate. Today, the problems accumulated by the States since 2008 are shooting up,” noted ...

The Federal Government has ordered filling station operators of filling stations across the country to start accepting the use of Point of Sales (POS) machines and bank transfers for the purchase of petroleum products, threatening to sanction them for non-compliance. ...

Nigeria’s finance minister, Zainab Ahmed, said on Thursday that she disagreed with what she called a “surprise” downgrade of the country’s credit rating by Moody’s. She insisted that the government was already addressing the agency’s concerns. Last week, Moody’s downgraded ...

Russia may issue gold-backed stablecoins for international settlements, said Anatoly Aksakov, Chairman of the State Duma Committee on Financial Market, following his visit to Iran. “We discussed the issuance of stablecoins, digital financial assets, secured by certain values. For example, ...

Software giant, Microsoft, has confirmed in a regulatory filing with the U.S. Securities and Exchange Commission (SEC) that it will cut 10,000 jobs across its operations. The company explained that the layoff was part of a series of actions it plans to ...

A small business case study essay is really a rare assignment sometimes wanted by students. High-quality writing of this kind of essay takes a simultaneous comprehension of the basic principles of writing both an instance study and a small business ...

Traders in Niger State have lamented the scarcity of the new naira notes, as some of them said they were also yet to be well sensitised to the new notes in circulation, especially those in the rural areas. This was ...