Tag: Nigerian
Nigerian Court Orders Binance to Hand Data on All Nigerians Trading on its Platform: Report
“The applicant’s application dated and filed February 29, 2024, is hereby granted as prayed. That an order of this honorable court is hereby made dire [...]
Detained Binance Executives to Remain in Nigerian Custody Until Hearing: WSJ
The two men were arrested on Feb. 26 after arriving in Abuja to meet with Nigerian leaders who accused the crypto exchange of crashing the country’s c [...]
Binance Ordered to Pay Nigerian Government $10 Billion – Forex News by FX Leaders – FX Leaders
Binance Ordered to Pay Nigerian Government $10 Billion - Forex News by FX Leaders FX Leaders
www.fxleaders.com [...]
Binance Will Discontinue Its Nigerian Naira Services After Government Scrutiny
Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee.
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Nigerian Parliamentary Committee Summons Binance CEO Teng: Report
Two executives of the exchange were detained last week on arrival in the country.
www.coindesk.com [...]
Nigerian Tier 1 Banks push the NGX high.
Backed by buying pressure in the banking, insurance, and consumer goods sectors, Nigeria’s main stock market closed the month of February on a high no [...]
Crypto Exchange Binance Faces $10B Demand From Nigerian Government: BBC
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Nigerian Breweries, impacted by naira’s devaluation, post a net loss of N106 billion
Nigerian Breweries Plc revealed a net loss of N106 billion for the year, primarily due to the impact of the naira’s devaluation on its foreign exchang [...]
Newly-Uncovered False Foreign Exchange Claims Could Hurt Nigerian Economy
abuja, nigeria —
Nigeria's central bank said this week it uncovered $2.4 billion in false foreign exchange claims after investigating backlogs of $7 [...]
What is pushing the Nigerian naira to record lows?
How big are Nigeria's forex reserves?The country's foreign exchange reserves dipped to a six-year low of $32.87 billion at the end of December, accord [...]
AFRICA-FX-Ghana’s cedi to firm, Kenyan and Nigerian currencies to weaken -January 18, 2024 at 10:48 am EST
ACCRA (Reuters) - Ghana's currency is expected to strengthen against the dollar in the next week to Thursday, while the Nige [...]
Nigerian naira hits record low against U.S. dollar in official market By Investing.com
Investing.com | Editor Nikhilesh Pawar
Published Nov 16, 2023 01:28PM ET
LAGOS [...]
Nigerian Naira appreciates amid Central Bank’s forex initiative and expected foreign currency influx By Investing.com
Investing.com | Editor Pollock Mondal
Published Nov 03, 2023 10:51AM ET
In a si [...]
Explainer: What is pushing the Nigerian naira to record lows?
A man counts Nigerian naira notes in a market place in Yola, Nigeria, February 22, 2023. REUTERS/Esa Alexander/File Photo Acquire Licensing RightsABU [...]
Explainer-What is pushing the Nigerian naira to record lows? By Reuters
By Chijioke Ohuocha ABUJA (Reuters) - Nigeria's naira is on the brink of breaching 1,000 per dollar after falling to an official record low [...]