The Central Bank of Nigeria (CBN) has disclosed that the net foreign exchange (forex) inflow into the Nigerian economy saw a disappointing fall from $
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Bitcoin, the leading cryptocurrency has crossed the $40,000 threshold hours after it went for $38,000. In December 2020, the cryptocurrency sold for m
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The Port Harcourt branch of MBA Trading and Capital Investment Limited left its investors disappointed after its gates were met shut on Tuesday by its
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The Chief Executive Officer of Luno, Marcus Swanepoel, has predicted that the price of bitcoin may rise to $100,000 before the end of 2021 amid the re
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The Naira added 2.11% to exchange at N465 against the Dollar at the parallel forex market on Christmas eve, compared with N475/$ it traded the previou
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There is renewed pressure on the Naira at the parallel market as it shed N2 again the Dollar to exchange at N478/$ on Thursday instead of 476/$ it tra
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Blockchain technology has a prominent place in the modern digital world but a lot of people still can’t operate it. If you are new in the cryptocurren
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After it appreciated for three days, the Naira depreciated marginally at the unofficial foreign exchange, FOREX, market on Monday. A Dollar was sold f
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The Naira appreciated as it exchanged to the dollar at 490/$ in the parallel market on Wednesday, after it had sold for N500 on Monday. The Bureau De
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The Central Bank of Nigeria (CBN) has directed Bureau De Change (BDC) operators in the country not to sell dollars higher than N392 to end users. In a
Read MoreThe naira exchanged to the dollar for 483 in the parallel market on Monday despite the regular interventions in terms of forex injections by the Centr
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The naira extended its decline on Wednesday as the United States dollar was sold for N478 at the parallel market. The local currency, which traded at
Read MoreThe naira has weakened to 470 against the United States dollar in the parallel market despite the interventions of the Central Bank of Nigeria in the
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Nigeria’s foreign exchange (Forex) reserves have dropped to its lowest level in more than two months Data from the Central Bank of Nigeria (CBN) revea
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Ethereum; the world’s second-largest cryptocurrency witnessed an impressive growth in 2020. Since the beginning of the year, Ethereum’s pr
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The Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa has hinted that Nigeria is targeting to generate
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The Central Bank of Nigeria (CBN) has introduced longer-term contracts on the naira in a move to attract more foreign inflows, shore up its dwindling
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The Central Bank of Nigeria (CBN) sold a total of $9.98 billion to authorized foreign exchange dealers in the fourth quarter of 2019. The data, extrac
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The African Development Bank (AfDB) disclosed that it had partnered with the United Kingdom’s development agency, DFID to unveil its $80 million infra
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Sterling neared its weakest against the U.S. dollar in more than two years on Tuesday amid mounting uncertainty as British lawmakers prepared to vote
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