News

Nigeria’s crypto market continue to expand in 2025 as more people look to protect their wealth, invest in digital assets, or explore decentralized finance. However, with the Central Bank of Nigeria ...
Oba Otudeko, the erstwhile Chairman of FirstHoldco, was forced to sell off over 20 percent of shares linked to him. Also, ...
Europe and Israel have reached a new deal to allow more food and fuel into Gaza. The European Union’s foreign policy chief says the plan could result in “more crossings open, aid and food ...
The European Central Bank (ECB) is gearing up for a significant milestone with the planned launch of the digital euro in October 2025.
Taiwan’s central bank stood pat again, citing uncertainty around U.S. trade policy even as the export-reliant economy has stayed resilient so far in the face of tariffs.
09 Oct 2024 (Africa News Agency) The Central Bank of Nigeria (CBN) has announced the launch of the Electronic Foreign Exchange Matching System (EFEMS) to enhance transparency in the foreign ...
The ongoing recapitalisation of banks and the recently elapsed capital deadline for Bureaux De Change (BDCs) underscore the Central Bank of Nigeria’s (CBN) determination to build a strong and ...
A recent rumor that the Central Bank of Nigeria (CBN) has extended the deadline for the recapitalization of Bureau De Change (BDC) operators to December 31, 2025, has been refuted.
Bloomberg’s inaugural list of African startups highlights companies developing innovative solutions to the continent’s many challenges.
Foreign direct investment into Nigeria sank nearly 50%, central bank data shows, despite headline-grabbing pledges from high-level trips.
Goldman Sachs analysis finds that lessening central bank independence, like the Federal Reserve's, can lead to higher inflation, weaker currency, and lower stock prices.
Nigeria’s Central Bank (CBN) has officially approved the launch of open banking, mandating that banks begin sharing customer data with other financial institutions starting by August 2025. This move ...