Nigerian Association of Money Changers Calls for Banning of Binance
The leader of Nigeria’s Association of currency exchangers has accused the crypto giant Binance of helping to worsen…
Browsing Tag
Bola Ahmed Tinubu
7 posts
Nigerian Currency Plunges to All-Time Low Versus Dollar, Central Bank Revokes Licenses of 2,700 Currency Exchanges
The exchange rate of the Nigerian currency versus the greenback recently plunged to an all-time low of NGN860:USD1.…
Nigeria Declares Food Emergency After Sixth Consecutive Increase in Inflation Rate
The Nigerian government declared a food price emergency after the latest data from the National Bureau of Statistics…
Nigeria Currency Presently Undervalued Says Bank of America Analysts
According to Bank of America analysts, the Nigerian currency is currently undervalued and will likely end the year…
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…
Nigerian Central Bank Blasts Naira Devaluation Report — Publication Stands by Its Story
The Central Bank of Nigeria (CBN) said on June 1 that the report claiming it had devalued the…
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 interest policy…