Posted inEconomy NAIRA RATE NEWS TRADING TRENDS BlackRock’s $400 million iShares ETF to exit NigeriaBlackRock, the world’s largest Bitcoin ETF (IBIT Fund) asset manager, will close iShares Frontier, a… Posted by By Tony Chimdiuto 13/06/2024
Posted inEconomy NEWS REGULATIONS CBN debunks Alleged Plans to Convert $30 Billion Domiciliary Deposits into Naira.The bank said the allegation is false and only aims to trigger panic in the… Posted by By Nsikanabasi Edet 05/02/2024
Posted inEconomy NAIRA RATE REGULATIONS Nigerian Bureau De Change Blames it’s shutdown on Crypto P2P EmergenceAlthough Nigerians involved in FX transaction prefer using crypto due to ease and speed, analysts… Posted by By Nsikanabasi Edet 04/02/2024
Posted inEconomy NEWS REGULATIONS REPORT: Nigeria’s Crypto Economy Continues to Grow Despite Economic Turmoil Nigeria remains the largest crypto economy in Africa despite the current economic situation in the… Posted by By Nsikanabasi Edet 25/10/2023
Posted inEconomy NEWS Nigeria Should Declare Naira and Kobo as West Africa’s Only Legal TenderIn a lawsuit filed by a Nigerian human rights activist, the country’s central bank is… Posted by By Tony Chimdiuto 31/08/2023
Posted inEconomy Fintech NEWS Again! Chipper Cash Lays Off Staff, Halts Crypto-Related Services. Chipper Cash, an African cross-border payments platform carried out a second round of staff layoff… Posted by By Ekenedilichukwu 20/02/2023
Posted inEconomy NEWS REGULATIONS South Africa’s Net Foreign Reserves Hits $54.844 Billion, As The Nation’s Currency Rand Appreciates Against Dollar. South Africa's net foreign reserves rose to $54.844 billion in January from $53.827 billion in… Posted by By Ekenedilichukwu 10/02/2023
Posted inEconomy Fintech NEWS REGULATIONS Nigerian and Ghana Central Banks Invites Tech Innovators To Participate In Their Respective Regulatory Sandbox. Nigeria and Ghana central banks have invited financial innovators that wish to be included in… Posted by By Ekenedilichukwu 30/01/2023
Posted inEconomy NEWS REGULATIONS Nigeria Inflation Reduced for The First In Near A Year To 21%.Nigeria’s hyperinflation reduced for the first time in 11 months in December, raising the chance… Posted by By Ekenedilichukwu 23/01/2023
Posted inEconomy Fintech Nigeria To Convert It’s N20 Trillion Central Bank Loan Into BondThe Nigerian government is to restructure its record N20 trillion debt to the central bank… Posted by By Ekenedilichukwu 21/10/2022