The Central Bank of Nigeria (CBN) has adjusted the Custom duties at the nation's seaports and airports from N1,617.96/$1 to N1,593.41/$1, a 1.5% reduction.Analysts stated that the reduction in Customs...
Why the Nigerian Government wants AbokiFX to shut down permanently? Godwin Emefiele, the Governor of the Central Bank of Nigeria, said the bank intends to prosecute the owner of the famous and ...
Experts have cautioned that an increase in political activity will make the naira crisis worse. The currency's value has continued to fluctuate on several markets, and analysts are conc...
The Nigerian currency has been in a state of flux since the redesign of the Naira notes by the Central Bank of Nigeria (CBN). The policy, which aimed to enhance the security features of the country's ...
The House of Representatives has asked the Central Bank of Nigeria (CBN) to temporarily suspend the implementation of the regulation requiring banks to collect and verify their clients' social media h...
What Is a Safe Haven?A safe haven is a type of investment that is expected to retain or increase in value during times of market turbulence. Investors seek out safe havens to limit their exposure to l...
The federal government of Nigeria has instructed the world-leading cryptocurrency platform Binance to submit relevant data on the country's top 100 users, including their transaction history for the l...
It was reported on Sunday that the country's local currency (naira) increased against the US dollar, breaking through key resistance levels to trade below N1,000 in certain black market segments.This ...
Blockchain has been around for over ten years and there has been so much progress from the moment it was first introduced. When blockchain was first introduced, a lot of people didn’t pay attenti...
Inflation seems to be eating deep into the U.S economy and one may not be able to tell the extent of the current inflation, but it is clear that it is getting tough for a lot of people, and industries...