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Nigeria's Central Bank Unifies Forex Market, Promotes Liquidity and Stability
The Central Bank of Nigeria (CBN) has recently announced a significant overhaul of the Nigerian Foreign Exchange (FX) Market, with the goal of enhancing liquidity and stability. As part of this effort...
CBN’s “Naira4Dollar Scheme” falls beyond expectations
The "Naira4Dollar Scheme" of the Central Bank of Nigeria (CBN) was launched in March 2021, and since then, the rate of the naira has dropped by a staggering N127 (or 26 percent). ...
New York train shooter deploys smoke and then opened fire on commuters at Brooklyn’s 36th Street subway station.
An unidentified Gun Man attacked a subway train with smoke and shot numerous people on Tuesday, leaving in his trail multiple wounded persons. Reports from the Officials said the gunfire wo...
These Nigerian undergraduates left the University to launch crypto remittance company, Flux
One of the challenges young Nigerian entrepreneurs face when dealing with international clients is the challenge of payment processing. Traditional remittance platforms in Nigeria have two basic probl...