Kategori: naira exchange rate

Nigerian Presidential Hopeful’s Party Says It Will Review Country’s Blockchain and Crypto Policy if Elected

The party of the Nigerian presidential hopeful Asiwaju Bola Tinubu has promised to set up an advisory committee to review regulations that govern blockchain and virtual asset services if it wins in the upcoming elections. The All Progressives Congress also said......

Rapport: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation

The Central Bank of Nigeria (CBN)’s attempt to incentivize the countrys forex market through the so-calledNaira for Dollarscheme has failed. This is evidenced by the local currencys plunge of more than 25% since the launch of the incentive scheme......

Den nigerianske centralbanks trusler tvinger parallel valutakurssporer til at suspendere tjenesten

Following threats from the Central Bank of Nigeria (CBN), the management of Abokifx, a website that tracks the Nigerian currencys black market exchange rates, has announced the suspension of their daily updates. This suspension will remain in effect until Abokifx gets......