Nigeria Takes Legal Action Against Unlicensed USDT-Naira Traders
Key Insights Nigerian government files criminal charges against four crypto dealers and several firms for operating without proper licenses. Defendants…
Bitcoin Hits New All-Time High Above 104 Million Naira
Key Insights Bitcoin hit a new all-time high of 104,002,640 Naira ($66,367) on Monday Rally fueled by halving event anticipation,…
Binance Yield to Nigeria Regulators, Limits USDT to Naira Rate
Key Insights Binance caps Nigerian p2p USDT/naira rate at 1,802 after regulator pressures Move follows clampdown on forex speculation seen…
Bloomberg Analysts Predict Further Naira Devaluation in 2024
Key Insights Naira hits new record low beyond ₦1,043 per dollar, poised for worst yearly performance since 1999 55% currency…
Tackling Inflation in Nigeria: Economist Warns of Potential Interest Rate Hike
Key Insights Inflation in Nigeria is on the rise, and projected to potentially reach 30% by year-end. Bank of America…