A growing number of Nigerian residents are raising concerns following clampdown on crypto assets via the financial industry. The post Nigerians left in shock as CBN, FG clamp down on crypto market appeared first on Nairametrics ..read more

The crypto market turned green as Bitcoin rebounded strongly on Saturday morning sparking hopes that the worst of the meltdown might be over  The post Bitcoin breaks above 63K gain as crypto market turns green   appeared first on Nairametrics ..read more

Nigeria's current food inflation rate stood alarmingly high at 40.1% in March 2024, as revealed by recent data by the National Bureau of Statistics (NBS). The post Food inflation: Nigerian traders blame unstable market conditions for price increase appeared first on Nairametrics ..read more

The global credit ratings agency, Fitch, has estimated that approximately 30% of Nigeria’s external reserves are constituted by foreign exchange (FX) bank swaps. This disclosure underscores ongoing uncertainties regarding the country’s net FX reserves, exacerbated by opaque entries amounting to nearly $32 billion in FX forwards, over-the-counter futures, and currency swaps listed as off-balance sheet commitments in the Central Bank of Nigeria's (CBN) consolidated financial statement for 2022. The post 30% of Nigeria’s external reserves are FX bank swaps – Fitch appeared first on Nairametrics ..read more

The Federal Government has pledged to expedite the passage of a legislative bill to boost the local automotive industry. The post FG committed to fast-tracking legislative bill to boost local automotive industry -Gbajabiamila appeared first on Nairametrics ..read more

Some African countries excel in delivering quality healthcare services, a topic explored in this article through data comparison of various healthcare system components. The post Top 5 African countries with best healthcare systems 2024 appeared first on Nairametrics ..read more

Medical professionals from Nigeria who are planning to relocate to the United Kingdom to pursue their career have to consider some factors before making the big move. The post Here are 7 steps doctors should take to relocate from Nigeria to UK  appeared first on Nairametrics ..read more

Google is facing scrutiny over advertising practices amid an antitrust trial by a United States court.  Judge Amit Mehta presided over the final stages of a US antitrust trial concerning Alphabet Inc., parent company of Google, casting a spotlight on the tech giant’s advertising practices.   Over two days of closing arguments, Mehta posed questions to […] The post Google faces scrutiny over ads as US trial nears wrap-up  appeared first on Nairametrics ..read more

Guaranty Trust Holding Company (GTCO), one of Nigeria’s most efficiently run bank, has just announced the largest ever pre-tax profits in Nigerian banking history. The post BREAKING: GTCO records largest ever first quarter profit in Nigerian Banking History appeared first on Nairametrics ..read more

FBN Holdings Plc, one of the old generation banks listed on the Nigerian Exchange Group Plc (NGX), reported a significant gain of approximately N238.703 billion by the close of weekly trading, positioning it as the top gainer for the week.    The post FBNH Plc gains N238.7 billion to top weekly gainers     appeared first on Nairametrics ..read more