Cyptocurrency giant, Binance, has said it is working with the Nigerian government to stamp out activities non-complaint with the country's regulations on its platform. Binance disclosed this in an announcement ...
The federal government has reportedly blocked the online platforms of Binance and other crypto firms to avert what it considers continuous manipulation of the forex market and illicit movement of ...
The naira dipped to N1,610 against the dollar on Thursday as Nigeria’s economy continues to hurt under President Bola Tinubu’s watch. According to Aboki Forex, the naira plunged to N1,610 ...
The Association of Master Bakers and Caterers of Nigeria (AMBCN) has announced that its members will be embarking on a nationwide strike from February 27 over rising production costs. Kogi ...
The Central Bank of Nigeria (CBN) has banned banks and financial technology companies otherwise known as Fintechs, from operating International Money Transfer services (IMTOs). The ban, communicated in a recent ...
Naira on Thursday fell to a record low of N1,410 per dollar following strong demand on the parallel market, also known as the black market.This represents 3.29% or N45.00 weaker ...
Nigeria is apparently launching its first regulated Naira stablecoin called cNGN following the lifting of a two-year ban on cryptocurrency trading through official channels. The new stablecoin cNGN is being ...
The Central Bank of Nigeria (CBN) has lifted the ban placed on cryptocurrency transactions in Nigeria in a move to regulate its operations.The apex bank had in February 2021 restricted ...
The World Bank has approved a fresh $700m loan for Nigeria.It disclosed this in a statement published on its website on Friday, Sept. 22.The new loan is to provide additional ...
The exchange rate between the naira and dollar reportedly quoted for between N980 and N1000 to $1 in Lagos, Port Harcourt, Abuja and Kano on Thursday, September 21.Leadership reports that ...
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