On Saturday, Bitcoin reached a high of $20.9k, losing money for short sellers who had bet against its rise. The market's leading cryptocurrency has been rising all week as a...
Read moreDetailsMr. Johnson Chukwu, Managing Director of Cowry Asset Management Limited, has stated that the Central Bank of Nigeria's (CBN) hawkish monetary policy, which saw a further increase in interest rates...
Read moreDetailsIn 2022, the naira's value against the US dollar reached historic lows, particularly in the black market. The naira continued to deteriorate as the Central Bank of Nigeria (CBN) attempted...
Read moreDetailsNigeria is the most populous country in Africa and the largest economy on the continent, but it has struggled with economic growth in recent years. The incoming administration, led by...
Read moreDetailsOn January 1, 1973, Nigeria gave birth to a new legal tender known as the naira. After breaking ties with the pound, the country introduced a new currency still in...
Read moreDetailsThe Nigerian stock market ended 2022 on a high note, with a year-on-year increase of 19.98%. The All Share Index closed at 51,251.06 points and N27.915 trillion, respectively. The All...
Read moreDetailsOver the years, the global real estate sector has seen a flood of investments, with funding for commercial real estate reaching a whopping US 1.3 trillion in 2021 (a 55%...
Read moreDetailsNigeria will require more Internet Service Providers (ISPs) to achieve the target of 70% broadband penetration by 2025 at the current implementation rate of the Nigeria National Broadband Plan (NNBP...
Read moreDetailsSince the advent of digitization, businesses have changed their operations to stay ahead of the competition. As consumer internet and mobile device usage increases, businesses use IT to create digital...
Read moreDetailsIn recent months, inflation, interest rates, public debt, and current account deficits have contributed to Nigeria's economic downturn. In October 2022, Nigeria's inflation rate increased to 21.09 percent, up from...
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