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FMDQ Fx Market Sees A Weekly Turnover Of $417.9 Million
For the week ending August 25, 2023, FMDQ Securities Exchange reported a total turnover in its foreign exchange (FX) spot and derivatives market sector...
24 Banks Lost N5.7 Billion To Fraud Due To Increased Digital Crime In Q2
As of the second quarter of this year, financial institutions, particularly commercial banks, in the nation lost N5.7 billion to fraud.
11,679 incidents in total...
Naira Continues Its Spectacular Decline, Falling To N890/$ On The Parallel Market
The naira looks to have resumed rapid decline, approaching N900/$ at the parallel market, barely a week after it started showing some gains.
After...
IEA Calls On Governments To Triple Their Renewable Energy Capacity
IEA Calls On Governments To Triple Their Renewable Energy Capacity
To achieve the objectives of COP28, the International Energy Agency (IEA) has asked nations to...
FIRS Condemns Tax Evasion And Under-Declaration By Notable Nigerians
High-net-worth Nigerians and businesses, according to the Federal Inland Revenue Service (FIRS), are underreporting their assets and depriving the federal and state governments of...
