By Hussein Sayed, Chief Market Strategist at FXTM Equity markets kicked off Monday on the back foot following three weeks of consecutive declines in US stocks,...
Amidst sustained pressures on Nigeria’s official foreign exchange resources, the Central Bank of Nigeria (CBN), has opened investigations into foreign exchange transactions of 55 companies and...
Federal government on Friday apologised for asking all account holders in financial institutions in the country to re-register their personal details. Recall that the federal government...
Stanbic IBTC Bank PLC has disowned Tope Olajide, 22-year-old fraudster arraigned for theft of customers deposits. The Bank said this in a statement on Wednesday. The...
President Muhammadu Buhari has approved the establishment of an Infrastructure Company (Infraco) to be driven by the Central Bank of Nigeria (CBN) in partnership with the...
Amana Bank, a leading Islamic bank in Somalia has announced that it has selected iMAL, the AAOIFI-certified core banking platform from Path Solutions to replace its...
Benjamin Musa, 32-year-old banker, on Tuesday appeared in a Wuse Zone 6 Chief Magistrates’ Court, Abuja, over alleged theft of N25 million. Musa, whose residential address...
Peer-to-peer bitcoin marketplace, Paxful, has said it is making international payments more accessible and more affordable for Nigerians using modern DeFi technology. Last weekend, at the...
Securities and Exchange Commission (SEC) has considered cryptocurrencies as digital assets and will, therefore, make it acceptable and put it under its strict regulations. In a...
Global peer-to-peer bitcoin marketplace, Paxful announced the addition of Tether (USDT) to its platform. USDT belongs to a class of cryptocurrencies known as stablecoins. A stablecoin...