World Bank chief doubts legitimacy of cryptocurrencies, calls bitcoin “ponzi schemes”
Jim Yong Kim, World Bank Group President, has compared cryptocurrencies to “Ponzi schemes,” the latest financial voice to raise questions...
Read moreDetailsJim Yong Kim, World Bank Group President, has compared cryptocurrencies to “Ponzi schemes,” the latest financial voice to raise questions...
Read moreDetailsOil prices fell for a sixth day on Friday after Iran announced plans to boost production and US crude output...
Read moreDetailsWith investors straining to see what’s next in U.S. stock markets after three dark days that erased some $4 trillion...
Read moreDetailsNigeria equities declined for the fourth consecutive trading session Thursday as market benchmark index, NSEASI contracted by 49 basis points (bps) to...
Read moreDetailsFinancial analysts say there could be likely improvements in credit expansion by Nigerian banks in the near to medium as...
Read moreDetailsMTN Group Ltd. plans to raise about $500 million from the sale of shares in its Nigerian business during the...
Read moreDetailsGold posted losses in Wednesday's session. In North American trade, the spot price for an ounce of gold was $1318.19, down...
Read moreDetailsEurozone economic growth is likely to continue unabated, the European Central Bank said in a regular economic bulletin on Thursday,...
Read moreDetailsNigerian National Petroleum Corporation (NNPC) has announced its effort to sanitize petrol supply and distribution system in the country, so...
Read moreDetailsNigerian lenders recorded N29.44 trillion worth of e-payment transactions in the fourth quarter of 2017, according to the National Bureau...
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