CBN Announces Beneficiaries Of Diaspora Remittances
The Central Bank of Nigeria (CBN) claims that its recent ‘Naira-for-Dollar’ policy will make remittance transfers cheaper for Nigerians living abroad. The governor of the apex bank, Godwin Emefiele, stated this at Fidelity Bank’s inaugural diaspora webinar on Saturday, March 6, 2021. [READ ALSO] Federal Govt needs over N2.44tn to vaccinate 165 million Nigerians The …. Read More
Elon Musk loses $15 billion in a day after Bitcoin warning
On the Bloomberg Billionaires Index, Musk slips to second among the world’s 500 richest people with a net worth of $183.4 billion—down from a peak of $210 billion in January. Even as his fortune plummeted by $3.7 billion to $186.3 billion on Monday, Amazon.com Inc. founder Jeff Bezos regained the top spot. Elon Musk is …. Read More
American life is shutting down due to coronavirus; markets slump again after dire China numbers
With daily life in the United States shutting down due to the coronavirus pandemic, global financial markets shuddered again Monday as dire economic numbers out of China offered a harbinger of what’s in store for American businesses. Across the world, countries are shutting their borders to travelers and enforcing quarantine requirements. Yet local transmission is …. Read More