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Currencies
Naira maintains stability at official market as forex turnover surged by over 300%
Wednesday, 17th November 2021: The exchange rate between the naira and the US dollar closed at N415.1/$1, at the Investors and…
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Currencies
Binance issues 10 fundamental rights for crypto users
Binance, one of the world’s leading cryptocurrency exchanges, announced its 10 Fundamental Rights for cryptocurrency users, which the largest cryptocurrency…
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Currencies
IMF warns that eNaira may reduce demand for deposits in commercial banks
The International Monetary Fund (IMF) has warned that the eNaira wallet may reduce “demand for deposits in commercial banks.” This…
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Currencies
$1 billion worth of longs get liquidated as Bitcoin falls below $60,000
Flagship cryptocurrency asset, Bitcoin has fallen by almost $10,000 from its newly established all-time high, as the dollar index continues…
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Currencies
Why Naira is gaining against US dollar at the black market
Naira strengthened against the US dollar last week to a 2-month high of N535/$1 at the black market, thereby reducing…
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General
Naira gets stronger as traders record $9.5 billion turnover at official forex window since September
The Investor and Exporter Window where forex is sold officially has recorded a cumulative turnover of $9.5 billion over the…
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Currencies
Naira falls at official window despite slight improvement in FX liquidity
Friday, 12th November 2021: The exchange rate between the naira and the US dollar closed at N415.1/$1, at the Investors and…
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News
World Bank says 5.6 million Nigerians will fall into poverty due to high inflation
The World Bank has said that the drivers of Nigeria’s inflation rate are unique to the nation alone as it…
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Blogging
Bitcoin Taproot upgrade now live
Flagship cryptocurrency, Bitcoin has successfully activated the Taproot soft fork, following a 90% consensus from miners and mining pools between…
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Currencies
Naira gets stronger as traders record $9.5 billion turnover at official forex window since September
The Investor and Exporter Window of the FMDQOTC where forex is sold officially has recorded a cumulative forex turnover of…
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Spotlight
Airtel, MTN investors earn N658.08 billion in a week as telcos outperform other SWOOT
The combined market capitalization of the stocks worth over one trillion (SWOOT) appreciated by 4.41% to close at N15.57 trillion…
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