Yellow Card’s Partnership With Moonpay Set to Enhance Nigerian Users’ Crypto Trading Experience
Yellow Card, the Africa-focused crypto trade, lately mentioned it had joined forces with Moonpay in an association which is predicted to assist “enhance the crypto...
Report: Nigerian Central Bank Sued for Dollarizing Economy
In a lawsuit filed by a Nigerian human rights activist, the nation’s central financial institution is accused of failing to cease the dollarization of the...
Nigerian Currency Plunges to New Low, Central Bank Says the Naira Is Undervalued
The Nigerian forex continued its slide versus the buck when it fell to a brand new all-time low of NGN950 per greenback. Folashodun Shonubi, the...
Egyptian and Nigerian Central Banks Sign Agreement to Deepen Cross-Border Regulation
The central banks of Egypt and Nigeria have signed a fintech settlement to deepen the 2 establishments’ “cross-border regulatory collaboration” and data sharing. The London...
US Dollar Shortages: Ethiopia and Nigeria in $100 Million Currency Swap Transaction
According to a report, the central banks of Ethiopia and Nigeria just lately consummated a $100 million foreign money swap transaction. Under the association, an...
Nigeria Currency Presently Undervalued Says Bank of America Analysts
According to Bank of America analysts, the Nigerian forex is at the moment undervalued and can seemingly finish the yr buying and selling at round...
Security Agency Detains Nigeria’s Suspended Anti-Bitcoin Central Bank Governor
The Central Bank of Nigeria governor, Godwin Emefiele, was suspended by Nigerian President Bola Ahmed Tinubu on June 9 and was subsequently arrested by a...
Nigerian Central Bank Blasts Naira Devaluation Report — Publication Stands by Its Story
The Central Bank of Nigeria (CBN) mentioned on June 1 that the report claiming it had devalued the native foreign money to N631 per greenback...
New Nigerian President Slates Central Bank’s Interest Rate and Currency Demonetization Policy
The new Nigerian president Bola Ahmed Tinubu has deplored the Central Bank of Nigeria (CBN)’s aggressive curiosity coverage which he has reportedly labeled “anti-people” and...
Experts Say Nigeria’s Blockchain Adoption Strategy Likely to Add Clarity and Legitimacy to Ecosystem
The current approval of a blockchain adoption technique by the Nigerian authorities has been described as a milestone that can “add clarity, trust and confidence...