The Naira fell on Monday and bid-ask spreads widened as the local spot currency market struggled with a scarcity of U.S. dollars, traders said.. One dealer...
Bitcoin has suddenly surged after Tesla TSLA, the electric car-maker led by billionaire Elon Musk, revealed it has bought bitcoin.. The bitcoin price rocketed to an...
One of the largest cryptocurrency exchanges by volume, Binance, has removed naira from its trading pairs after the Central Bank of Nigeria asked banks and other...
Dogecoin, the tongue-in-cheek cryptocurrency featuring a Shiba Inu dog as a mascot, briefly touched a record Monday after billionaire Elon Musk, rapper Snoop Dogg and Kiss...
The Central Bank of Nigeria (CBN) has reacted to condemnations trailing the directive to Deposit Money Banks (DMBs) to desist from transacting in cryptocurrencies.. In a...
Providus bank, mostly used by crypto traders for deposits and trading, have been deactivated because of the circular passed across by CBN on crypto trading.. This...
Foreign capital flow into Nigeria plummeted by more than half in 2020 to $9.68bn, its lowest level in four years, the National Bureau of Statistics said...
The apex bank has warned that financial institutions who breach this directive would face severe sanctions. The Central Bank of Nigeria (CBN) has directed Deposit Money...
Dogecoin just gained 79% after the richest man on earth, Elon Musk called it “the people’s crypto”. The PayPal, spaceX and Tesla founder has always been...
Elon Musk came out as a believer in bitcoin on Friday — and now he’s doubling down. The billionaire Tesla boss last week added the hashtag...