Naira among world’s worst performing currencies
Officially, naira is doing pretty well this year, down just 4% against a strong US dollar, ahead of the Canadian…
Dollar sells at N818 as acute scarcity hits market
The naira fell to N818/$1 at the parallel market on Monday in Abuja and N815 in Lagos as it continued…
Naira crashes to N710 per dollar
Today’s record fall comes a year after the Central Bank of Nigeria (CBN) prohibited the sale of foreign currency to…
Bitcoin value plunge by 50%
… trading below $34k The value of Bitcoin continued to fall over the weekend as it dropped below $34,000 (£27,630),…
Central African Republic officially adopts Bitcoin as legal tender
The Central African Republic (CAR) has officially adopted Bitcoin as legal tender, according to the president’s office, making it the…
$400 billion wiped from crypto: This is why
Note: All currency is in USD It was just last week that the combined crypto market reached a new record…
CBN postpones the launch of eNaira
The much-anticipated launch of Nigeria’s Central Bank Digital Currency dubbed eNaira has been postponed by the Central Bank of Nigeria…
All you need to know about the e-Naira set to be launched on October 1
The Central Bank of Nigeria (CBN) is set to launch the eNaira on October the 1st. Let us take a…
Bitcoin, Ethereum fall as China declares all cryptocurrency-related transactions illegal
The latest directive by China’s Central Bank comes as concern over the debt crisis involving property developer China Evergrande Group…