Destiny Eseaga

VBank, your number one digital banking revolution, and Nigeria foremost virtual Bank, yesterday, Friday, September 18, gave out N160,000 to 3 lucky winners in the ‘’Win With V’’ game on VBankng Live on Instagram. Two female and one male participant emerged victorious amongst 14 participants that took part in the game, an indication that the …

‘Win With V’: Vbank splashes N.16 million on three lucky winners this week Read More »

Cryptocurrency has revolutionized the global monetary system and slowly evolved into a viable legal tender. Noting the increasing use of cryptocurrency in Nigeria, it is imperative that the Central Bank of Nigeria and the Securities and Exchange Commission establish regulations on the use of digital currency and clearly define what cryptocurrency is under the Nigeran …

Regulating Cryptocurrency and Initial Coin Offerings: The Nigerian Perspective Read More »

2,500 lucky customers of Vbank nationwide, Nigeria’s foremost virtual and digital bank would stand a chance to share a whopping N27million in the ”Verve Goodlife” Promo unveiled in Lagos, recently The promo packaged by Verve International, a payment card brand in partnership with VBank commenced September 1 to November 29, 2020. According to Vbank, the …

2,500 Vbank’s Customers to Share N27million in Verve Promo Read More »

The consumer price index, (CPI) which measures inflation increased by 13.22 percent (year-on-year) in August 2020, representing an increase of  0.40 percent points higher than 12.82 percent in July 2020, according to the latest report from the National Bureau of Statistic, NBS. NBS noted that Increases were recorded in all COICOP divisions that yielded the …

Nigeria’s Headline Inflation Hits 13.22% YoY In August; 0.40% Higher Than July Read More »

The Securities and Exchange Commission (SEC), the apex regulator of the Nigerian capital market says it planned to regulate cryptocurrency investments as securities transactions in Nigeria. In a released statement dated September 11, 2020, the Commission stated that the general objective of the exercise is not to hinder technology or stifle innovation but to create …

SEC Classifies Cryptocurrency as Securities Read More »

Money Market The average money market rate rose significantly by 13.56% to settle at 15.50% from 1.94% in the previous week. The Open Buy Back (OBB) rate increased significantly to close at 14.50% compared to 1.63% in the previous week while Overnight rate (OVN) closed at 16.50% compared to 2.25% the previous week. The constraint …

Anchoria Fixed Income Monitor: Bullish Sentiment in the Bond Market Read More »

Last week Friday, VBank, a digital banking revolution and Nigeria foremost virtual Bank, gave out N400,000 to 9 lucky Nigerians for participating in the ‘’Win With V’’ competition on VBankng Live on Instagram. The competition anchored by Mai Atafo is held every Friday and designed to reward VBank’s customers both home and abroad as well …

9 Lucky Nigerians Win N.4million in VBank’s ‘Win With V’ Competition Last Week Read More »

Investing in the future has been made easier more than ever before, thanks to Anchoria Asset Management (AAM), a specialist provider of active investment products and services to institutional and individual clients headquartered in Lagos In its bid to grow wealth and encouraged Nigerians to save, Anchoria Asset Management declared that with just N5,000 and …

INVESTMENT WATCH: Where to Invest N5,000 Right Now Read More »

President Muhammadu Buhari on Thursday has directed the Central Bank of Nigeria, CBN  to suspend forex for the importation of food items and fertilizer. The President’s Spokesman Malam Garba Shehu, in a statement in Abuja on Thursday, said the president gave the order at a meeting of the National Food Security Council at the State …

Buhari Asks CBN to Suspend Forex for Food Items, Fertilizer Imports Read More »

In line with its promise to support businesses overcome challenges posed by the COVID-19 pandemic,