Central Bank Of Nigeria Increases Interest Rate From 17.5% To 18%.
The Central Bank of Nigeria on Tuesday reiterated it’s commitment towards curtailing the rising inflation, latest measure include raising its benchmark lending rate to 18 percent in an assertive move to contain the nation’s inflationary pressure. The CBN governor, Godwin Emefiele, announced…
Nigeria Needs Clear Crypto Legal Framework To Stop Harassments Of Crypto Traders : Experts.
Industry and Legal experts who spoke at a two-day workshop organised by the Attorney General Alliance-Africa (AGA-Africa) in collaboration with Nigerian Bar Association (NBA) in Lagos have urged authorities to consider upgrading the country’s cryptocurrency regulatory guidelines. With the theme,…
Naira Keeps Dipping Against Dollar.
Nigeria local currency Naira pushed towards N620.00 to a dollar at the peer to peer market on Saturday. Currency dealers in Lagos, Nigeria’s economic hub, exchanged the naira at N600.00 and sold N610.00 to a dollar, while Abuja black market…