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Nigerian Currency Plunges After Central Bank Rate Hike
The Nigerian Naira weakened significantly against the U.S. dollar following the Central Bank of Nigeria’s (CBN) decision to hike interest rates for...
Sep, 25, 2024
by Bitcoin News
IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive
An International Monetary Fund representative has cautioned that Zambia’s proposed dedollarization initiative may inadvertently undermine efforts t...
Jul, 20, 2024
by Bitcoin News
Ghana’s Cedi Hits Record Low Against US Dollar Amid Cocoa Output Decline
The Ghanaian cedi recently plunged to a record low, trading at GHS 14.9335 against the U.S. dollar, which led to its designation as the fourth-wors...
Jun, 12, 2024
by Bitcoin News
Nigeria’s Anti-Graft Agency Announces Reward for Whistleblowers Exposing Local Currency Abusers
The Economic and Financial Crimes Commission (EFCC) in Nigeria has announced a 5% reward for whistleblowers who provide credible information leadin...
Jun, 06, 2024
by Bitcoin News
Embattled Binance Discontinues Nigerian Naira Services — Users Urged to Convert NGN Balances
Binance, one of the leading crypto exchanges, has said it will discontinue all Nigerian naira services on March 8. The crypto exchange’s decision t...
Mar, 08, 2024
by Bitcoin News