Search Results for: local currency
- Editorials
Cryptocurrency Adoption in Africa: Trends and Growth
Cryptocurrency is gradually becoming increasingly popular in Africa due to factors such as economic pressure, advancement in technology and the…
- News
Man loses over $1M in cryptocurrency trading
A crypto trader experiences a devastating loss while trading cryptocurrency futures without implementing risk management strategies, resulting in a $1.14…
- Entertainment News
Blord causes a buzz after being spotted eating at a local restaurant
Billionaire businessman, Blord Linus William set tongues wagging as he is seen eating correct yellow garri with a traditional soup…
- News
Naira depreciates further against dollar despite increased turnover
Nigeria’s local currency, the Naira, recorded a slight depreciation on Friday, trading at ₦1,652.25 against the American U.S. dollar at…
- News
Economic Crisis: Why Tinubu’s policies will not work — Ned Nwoko
Senator Ned Nwoko, representing Delta North, has argued that Nigeria’s economic reforms will fail as long as multiple currencies are…
- Sponsored Posts
Top 4 Benefits of Receiving Crypto Payments for Small Businesses
More and more small businesses across the globe are exploring the benefits of incorporating crypto into their financial practices. This…
- News
Naira strengthens against dollar by N61.38 at official market, weakens at parallel market
The Naira on Wednesday appreciated at the official market, trading at N1,459.02 to the dollar. Data from the official trading…
- News
Tinubu subsidises cost of 2024 hajj with N90bn
Vice-President Kashim Shettima disclosed on Wednesday that President Bola Tinubu’s administration has provided a substantial subsidy of N90 billion towards…
- News
Naira rebounds, gains N28.15 against dollar
The Naira ended April on a positive note, strengthening by N28.15 against the dollar to trade at N1,390.96. Data from…
- News
CBN warns bank customers to stop using forex as collateral for Naira loans
The Central Bank of Nigeria (CBN) has issued a warning to bank customers, urging them to avoid using foreign currency…
- News
Naira continues to gain against Dollar, hits 1,262/$
On Wednesday, the Nigerian naira sustained its upward trend against the United States dollar, gaining value at both the official…
- News
FG slams Binance with $10 billion fine
The Federal Government of Nigeria slams a $10 billion fine against Binance, a cryptocurrency trading platform, amidst allegations of worsening…
- Viral Gist
Okrika seller overjoyed as she finds $200 in bale of clothes
A businesswoman who sells Okrika (used clothes) expresses overwhelming joy as she finds hard currency, summing up to $200 in…
- Viral Gist
“N150k gives you 1.5m” – Lady visits Republic of Guinea, becomes a millionaire after converting Naira to GNF (Video)
A Nigerian lady identified as Toke, a Nigerian travel enthusiast, is now a millionaire in the Republic of Guinea after…
- News
Newly elected Anambra LG chairman detained in US for alleged multiple romance scam
Franklin Ikechukwu Nwadialo, the newly elected chairman of Ogbaru Local Government Area in Anambra State, Nigeria, was arrested upon his…
- How-To
What is Forex Trading and How Does it Work in Nigeria?
Forex trading, or the foreign exchange market, involves the buying and selling of currencies to profit from changes in exchange…
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