Our reporter/ The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the benchmark interest rate by 200 basis points to 24.75 percent. CBN governor…
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Category: Economy
Binance: CBN says collaboration with SEC, EFCC, NSA positive
Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday said it is the role of the Securities and Exchange Commission (SEC) to regulate cryptocurrency transactions in the country, and…
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CBN sells FX to BDCs at N1,251/$1
Our reporter/ The Central Bank of Nigeria (CBN), on Monday, announced the sales of $10,000 to each of the eligible Bureau De Change (BDC) operators in the country at the…
Read More CBN sells FX to BDCs at N1,251/$1 Binance executive Nadeem Anjarwalla escapes from custody – NSA office
Our reporter/ The office of the National Security Adviser on Monday confirmed that Nadeem Anjarwalla, an executive of cryptocurrency platform, Binance. He escaped from custody on Friday, the NSA office…
Read More Binance executive Nadeem Anjarwalla escapes from custody – NSA office
Nigeria seeks Joint West Africa regional protection of undersea cables
Following recent undersea cable cuts that challenged connectivities in many countries in the West Afrcan region, Nigeria has called for a coordinated and multilateral approach by the region to protect…
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