Nigeria Plans Dollar-Denominated Domestic Bonds to Address Forex Crisis, DMO Confirms
The Debt Management Office (DMO) has confirmed that Nigeria is actively working on the details of proposed dollar-denominated domestic bonds ...
revenue surged by 20 percent year-on-year to 3.6 billion euros
Music and podcast streaming platform Spotify has revealed a notable increase in paying subscribers alongside a lower-than-anticipated operating profit for ...
US Senate passes $95 billion package sending aid to Ukraine, Israel and Taiwan after months of delay
The Senate on Tuesday passed a long-delayed $95 billion package with wide bipartisan support after both sides of Capitol Hill have struggled for ...
CBN Initiates Sale of Fresh Dollars To Bureau De Change Operators At N1,021/$
The Central Bank of Nigeria (CBN) has commenced a new phase of direct sales of US dollars to Bureau De ...
World Bank Board to Review Nigeria’s $2.25 Billion Financing Package in June
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has revealed that the Board of the ...
Net Foreign Exchange Inflow into Nigerian Economy Increases by 7.3% in 2023
The net foreign exchange (Forex) inflow into the Nigerian economy saw a notable increase of 7.3 percent year-on-year, reaching $33.9 ...
TikTok Fights Back Against US Bill Threatening App’s Future
As the deadline looms for TikTok's future in the United States, the company is pushing back against a bill that ...
Tesla Slashes Prices Amid Industry-Wide EV Delivery Decline
In response to a significant downturn in electric vehicle (EV) deliveries globally, Tesla has announced another round of price cuts ...
Ethiopian Airlines Expands Reach with New Passenger Services to Warsaw via Athens
Ethiopian Airlines, Africa's largest network operating carrier, is set to broaden its footprint in Europe with the launch of new ...
Nigeria’s FX Reserves Drop to Seven-Year Low, Naira Depreciates Amidst Foreign Investor Exodus
Nigeria's foreign exchange (FX) reserves witnessed a considerable decline this week, plummeting by USD502.99 million week-on-week to reach a seven-year ...
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