Tag: Nigerias
Here’s what Nigeria’s naira float means for its crypto market
Nigeria, known for its growing adoption of cryptocurrencies, particularly Bitcoin (BTC), on June 14, floated the nation’s naira currency to allow bank [...]
Nigeria’s central bank auctions FX at 645 naira, weaker than spot rate
ABUJA, June 2 (Reuters) - Nigeria's central bank has sold the dollar at 645 naira at its latest auction, results showed on Friday, lower than 465 nair [...]
Nigeria’s SEC Plans to Allow Asset-Backed Tokens on Digital Exchanges But Not Crypto: Bloomberg
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Nigeria’s eNaira Wallet Use, Transactions Climb Amid Cash Shortages: Bloomberg
Nigeria has been struggling with a crippling cash shortage since the central bank started replacing old naira notes with new ones late last year. Curr [...]
Nigeria’s Bitcoin Premiums May Better Reflect Country’s Demand for the Dollar, Not Crypto
Nigerians are paying a premium, but probably more for the U.S. dollar than for bitcoin, an analyst told CoinDesk.
www.coindesk.com [...]
Nigeria’s FX outflows to UK via study expenses hit $2.5bn in 2022
By Chinwendu ObienyiDespite the prevailing scarcity of FX in the economy, annual foreign exchange outflow via study expenses to the UK hit about $2.5b [...]
Nigeria’s FX reserves rise $13.5m to $37bn
By Chinwendu Obienyi After fifteen consecutive weeks of decline, Nigeria’s FX reserves increased by $13.47 million to $36.95 billion following last we [...]
Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission – Economics Bitcoin News
According to the International Monetary Fund (IMF)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing sh [...]
Nigeria’s cables third-party testing to attract FOREX – MicCom COO – Vanguard
Nigeria’s cables third-party testing to attract FOREX – MicCom COO Vanguard
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Forex reforms critical to unlocking Nigeria’s growth —Razia Khan – Vanguard
Forex reforms critical to unlocking Nigeria’s growth —Razia Khan Vanguard
www.vanguardngr.com [...]
Nigeria’s economy on brink of collapse, NECA raises alarm – Vanguard
Nigeria’s economy on brink of collapse, NECA raises alarm Vanguard
www.vanguardngr.com [...]
Emefiele Rallies Stakeholders’ Support to Accelerate Nigeria’s Non-Oil FX – Arise News
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has called on the Nigerian Ports Authority ( [...]
Nigeria’s FX reserves to fall, CBN plans $1.7bn arrears payment
Nigeria’s forex exchange reserve will fall in 2022 as the Central Bank of Nigeria plans to clear about $1.7bn in FX backlog to foreigners and FX forw [...]
Nigeria’s SEC Affirms All Digital Assets Are Securities in New Rulebook
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