Financial Markets

Growing Investor Confidence: Cardoso’s Insights on Nigeria’s FX Market Featured in Financial Times Interview

Central Bank of Nigeria's Governor, Mr. Olayemi Cardoso, has noted a growing confidence among investors in the apex bank's management of the foreign exchange...

Q1 Sees 6.28% YoY Decrease in Total Direct FX Remittances to $282.6m

Despite efforts by the Central Bank of Nigeria (CBN) to attract foreign exchange into the country, total direct FX remittances dropped by 6.28 per...

NewsAnalytrics Report: Canadian Financial Regulator Imposes $4.3 Million Fine on Binance for Administrative Violations

Canadian Regulator Fines Binance $4.3 Million for Regulatory Breaches Binance, a prominent cryptocurrency exchange, faced a hefty C$6 million ($4.3 million) fine from Canadian regulators...

IMF Urges Nigeria to Regulate Crypto Trading Platforms for Financial Stability

In light of recent concerns regarding cryptocurrency trading platforms potentially manipulating the local currency's value, the International Monetary Fund (IMF) has advised the Nigerian...

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