Nigerians have taken to social media to express their reactions to the recent escape of a key Binance executive from …
Read More »Tag Archives: Exchange
Bandits in Kaduna Demand N40 Trillion, 11 Hilux Vans, and 150 Bikes for Release of 16 Captives
Bandits who abducted 16 residents from the Gonin Gora area of Kaduna State have demanded an astonishing ransom of N40 …
Read More »Binance Halts Nigerian Naira Services Amid Regulatory Pressure
Binance, one of the world’s leading cryptocurrency exchanges, has announced its decision to cease all services related to the Nigerian …
Read More »The Naira lost more value against the US Dollar in the foreign exchange market on Wednesday.
According to the official FMDQ market data, the naira traded at N874.71 per US dollar on Wednesday, which is N65.51 …
Read More »Top firms suffer N656 bn exchange rate loss and inflation fears amid forex market crisis
The Nigerian foreign exchange market has been under severe pressure in recent months as the demand for dollars outstrips the …
Read More »Manufacturers express mixed reactions on floating exchange rate regime
By Rukayat Moisemhe The Manufacturers Association of Nigeria (MAN) has projected a mixed outcome on the impact of the floating …
Read More »Unify exchange rate but don’t float naira, financial expert urges CBN
By Kadiri Abdulrahman A financial expert, Prof. Uche Uwaleke, says it is commendable for the Central Bank of Nigeria (CBN) …
Read More »Multiple Exchange Rate: Economist urges FG to heed W’Bank warning
By Lydia Ngwakwe An economist, Prof. Akpan Ekpo, has advised the Federal Government to heed to the advice of …
Read More »Banking Powerhouse SBI Commits to Empowering XDC, Expanding XDC Network’s Footprint in Japan
Abu Dhabi, United Arab Emirates — XDC Network ( represented by TradeFinex Tech Ltd) is pleased to announce its partnership …
Read More »We’ll allign with President Tinubu on unified exchange rate-ABCON Boss
By Lydia Ngwakwe Alhaji Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON), says his members will …
Read More »