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FirstBank, GTBank FX Trading Licenses Suspended over Infractions Ghana’s Central Bank has suspended the foreign exchange license of Guaranty Trust Bank and FBN Bank for one month, effective March 18,…
Binance Closing Out on Nigeria Market, Announces Service Withdrawal Binance will discontinue all services for Nigeria’s fiat currency, the naira, amid an ongoing regulatory conflict in the country. The crypto…
Bond Yield Steadies at 17.25% After Interest Rate Hike Benchmark yield on Nigerian government bond steadied at 17.25% due to cold trading activities in the secondary market. The yield curve…
Oil Prices Fall as China Plans 5% GDP Growth Oil prices dipped on Tuesday following China’s 5% gross domestic product growth (GDP) target for 2024. Brent has been trading softer…
DMO Releases March FGN Savings Bonds Offer for Subscription The Debt Management Office (DMO), has announced two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit…
Investment Firms Initiate Coverage on Transcorp Power Top investment banking firms have announced decisions to initiate coverage on Transcorp Power Plc after the company was listed by introduction in the…
The federal government has disclosed that the free printing of naira notes for eight years, under the previous administration went into the hands of a privileged few, without corresponding productivity,…
NITDA Unveils e-Government Master Plan Phase 2 The National Information Technology Development Agency (NITDA), has unveiled the second phase of the Nigerian e-Government Master Plan to ensure transparency in governance.…
Apple Fined €1.8bn in EU for Unfair Competition in Music Streaming The European Commission has fined Apple 1.8 billion euros (two billion U.S. dollars) for unfair competitive practices involving its…
Reps Move to Issue Arrest Warrant Against Binance CEO The House of Representatives Committee on Financial Crimes has recommended the arrest of the Chief Executive Officer of Binance Holding Ltd…