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Saturday, September 24, 2022

27% of Nigerian Adults Own Cryptocurrency

It is safe to say that regardless of the CBN ban on crypto; the currency continues to flourish in Nigeria. Cryptocurrency adoption in Nigeria...

Forex Issues Deters Equipment Manufacturers From Production – Maina

Abubakar Maina, the project director for the Broadband Implementation Steering Committee, revealed to the National Digital Economy Council during a presentation on the Nigerian...

FG Must Prioritise Forex Allocation To Manufacturers – NECA

As long as the foreign exchange shortage remains, the Nigeria Employers Consultative Association (NECA) has stated that allocating available forex to manufacturing and other...

Naira Rises To N665/$ At Parallel Market After EFCC Raid

The Nigerian Naira maintained its pace on the parallel market on Tuesday, rising to N665 per dollar only days after security officers stormed an...

Naira Further Drops To N718 Per Dollar At Parallel Market

According to reports from Bureau de Change (BDC) operators in Lagos State, the Nigerian naira resumed its wild plunge on Friday, falling to an...

EFCC Raids Bureau de Change Operators

Operatives of the Economic and Financial Crimes Commission (EFCC) carried out a raid at Wuse Zone 4, a popular neighbourhood for bureau de change...

Crypto Assets Will Not Survive Market Drop – Verena Ross

Verena Ross, Chair of the European Securities and Markets Authority (ESMA), has warned that many crypto assets won't withstand the market drop. As a result,...

Dollar To Naira Exchange Rate Today (Thur. July 7, 2022)

Dollar to naira, on Thursday, July 7, 2022, opened at N414.83 at the Investors & Exporters FX window ( I&E FX Window), where the currencies officially...

Dollar To Naira Exchange Rate Today (Wed. July 6, 2022)

Dollar to naira, on Wednesday, July 6, 2022, opened at (undisclosed) at the Investors & Exporters FX window ( I&E FX Window), where the currencies officially...

Dollar To Naira Exchange Rate Today (Tue. May 24, 2022)

Dollar to naira, on Monday, May 23, 2022, opened at (undisclosed) at the Investors & Exporters FX window ( I&E FX Window), where the currencies...

FTX Pushes for Regulatory Framework in Crypto Market

Given the massive trade volume of cryptocurrency in Africa, Nigeria inclusive, a centralized cryptocurrency exchange firm, FTX, has called on the federal government to...

Forex Dollar supply Shortens As Dollar Reaches N600

The dollar exchanged at N600 on Monday at the parallel market, heightening fears of a further devaluation of the nation's currency. However, the rate at...

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