Thief Disguised as Delivery Person Steals $11M Crypto
An armed thief, posing as a delivery worker, invaded a San Francisco home, tied up the owner, and stole $11 million in cryptocurrency. Learn about this alarming trend targeting crypto investors.
Category : Search result: currency markets
Rice Prices Drop 40% in Nigerian Markets
Nigerian consumers rejoice as rice prices plummet from N95,000 to N55,000 per bag due to increased local production and imports. Traders face losses while experts warn the relief may be temporary.
CBN Issues Naira Handling Warning for Christmas Season
Central Bank of Nigeria urges citizens to stop spraying, mutilating naira notes during festive period. CBN describes currency as vital national symbol requiring proper handling.
Japan PM Takaichi defends $135bn stimulus package
Japanese Prime Minister Sanae Takaichi insists the $135 billion stimulus is fiscally responsible despite market concerns. Includes energy subsidies and tax cuts to combat inflation.
Nigeria to Tax Cryptocurrency Under New Law
Nigeria's new tax reform mandates taxation on virtual currencies while exempting capital market gains. Chairman Taiwo Oyedele urges young investors to consider regulated markets.
NALDA Monitors 20,000 Plantations for Carbon Markets
NALDA unveils carbon roadmap at COP 30, placing 20,000 hectares under MRV system to tap into voluntary carbon markets while boosting food security and rural incomes.
CBN: Abuse of Naira is a Punishable Offence
The Central Bank of Nigeria has warned citizens against the abuse of the Naira, stating that spraying, hawking, or mutilating the currency is a punishable offence. Respect our national symbol.
Bitcoin Drops Below $90K: Market Analysis
Bitcoin value plunges 25% from October peak, falling below $90,000. Discover why investors are fleeing crypto amid trade war fears and Fed uncertainty. Stay informed!
Asian markets bounce as Nvidia takes centre stage
Asian markets staged a recovery on Wednesday, November 19, 2025, as all eyes turned to Nvidia's earnings report amidst growing fears of an AI-driven stock market bubble. Discover the key figures and expert analysis.
Copy Trading Revolutionizes Passive Income in Nigeria
Discover how copy trading is creating new passive income opportunities in Nigeria's emerging market. Learn about its potential, risks, and future in global finance.
EU Probes Amazon, Microsoft Cloud for Stricter Rules
The EU is investigating Amazon Web Services and Microsoft Azure under the Digital Markets Act, which could lead to stricter competition rules for their cloud services. Discover the potential impact on the tech sector.
Asian Markets Drop on Tech Worries, Nvidia in Focus
Asian stocks followed Wall Street lower amid concerns over AI tech valuations. All eyes are on Nvidia's earnings and key US jobs data this week. Read more for the full market analysis.
Woman finds Korean currency in Lagos thrift market
A Nigerian thrift vendor discovered 6,000 Korean won while unpacking bags at Katangua market in Lagos. The viral TikTok video sparked online buzz as people calculated the actual value in Naira.
Naira falls against dollar despite rising FX reserves
Naira depreciates to N1,442.43/$1 in official market as foreign exchange demand increases ahead of festive season. Nigeria's FX reserves climb to $43.5 billion - the highest level in six years.
Asian Markets Slump on Tech Bubble, Fed Rate Fears
Asian markets fell as fears over a tech rally bubble and delayed US rate cuts spooked investors. Bitcoin erased its 2025 gains. Discover the market impact.
Expert: Nigeria must break systemic poverty barriers
Economic experts warn Nigeria must reform its power sector, strengthen capital markets, and overhaul institutions to escape systemic poverty and achieve prosperity.
Sundry Markets Wins Top Sustainability Award
Sundry Markets Limited, owner of Marketsquare, has been named Most Sustainable Retail Organisation at the Africa Retail Awards 2025. Discover how they're transforming Nigerian retail.
Lagos Traders Fair 2026 Returns on April 10
The 2026 Lagos Traders Fair offers free registration for seminars, exhibitions, and networking on April 10 at Lagos Continental Hotel. Connect with finance experts!
Sundry Markets Wins Africa Retail Sustainability Award
Sundry Markets Limited wins Most Sustainable Retail Organisation at Africa Retail Awards 2025 for ESG initiatives including ethical sourcing and community development.
Asian Markets Fall on Fed Rate, Tech Worries
Asian markets declined, mirroring Wall Street's selloff amid uncertainty over the Federal Reserve's December rate decision and growing speculation of a tech bubble.
Markets Wary After US Shutdown, Eye Fed and Tech
Asian markets tread water as post-shutdown euphoria fades. Focus returns to Federal Reserve rate cuts and a potential tech bubble, with the yen weakening further. Discover the key figures and analysis.
US stops penny production after 232 years
The United States has minted its last circulating penny, ending 232 years of production. Discover why this cost-saving move matters and what happens next to your coins.
Makinde warns Taye Currency: Don't sing that song here
Oyo State Governor Seyi Makinde created a hilarious moment at Ibadan event when he jokingly warned Fuji star Taye Currency against performing his controversial track. Read the full story!
Asian Markets Up on US Shutdown Deal, Rate Cut Hopes
Asian equities rose as the US shutdown nears its end and fresh jobs data boosted expectations for a December Fed rate cut. Discover the market impact.
Asian markets gain as US shutdown deal reached
Asian stocks climbed for second day as US lawmakers reached deal to end record 41-day government shutdown. Market analysts warn of economic impact and Fed uncertainty. Read more for full analysis.
Nigerian Stock Market Plunges Amid Economic Worries
Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.
Nigeria's $2.35B Eurobond Success Amid Naira Challenges
Nigeria's currency faces ongoing challenges while the Federal Government achieves a major financial milestone with overwhelming international investor confidence in its latest Eurobond offering.
AstraZeneca Profit Soars with 19% Revenue Growth
British-Swedish pharmaceutical giant AstraZeneca reports massive profit jump with 19% revenue growth. Discover how emerging markets and cancer drugs drove this impressive performance.
Naira Falls Again: Loses Ground Against US Dollar
The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.
Asian Markets Rebound Strongly on US Jobs Data
Asian markets surged dramatically as robust US employment figures boosted investor confidence, triggering a powerful recovery across major indices from Tokyo to Sydney.
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