Search Result for 'binance'

Ola Olukoyede, the chairman of the Economic and Financial Crimes Commission (EFCC), says the anti-graft agency has discovered another worse scheme other than crypto trading platform Binance and its system. He said ...

Nigerian naira depreciated in its value against the United States dollar to N1,234 at the official foreign exchange market on Monday. The data was obtained from the FMDQ securities exchange. The exchange ...

The Federal High Court sitting in Abuja, on Monday, has remanded Tigran Gambaryan, a representative of Binance Ltd at the Nigerian Correctional Service pending the determination of his bail application. The court ...

Dr. Wunmi Bewaji, a securities and Financial Regulation Expert, has revealed that the current momentum of  Nigeria's naira against the dollar is sustainable. He also predicted that dollars is likely to decline rapidly at a ...

When BitSika, one of Africa’s most promising fintech startups, set its sights on expanding into Francophone Africa, it needed more than just marketing muscle; it needed someone who understood how people felt ...

Bitcoin has hit a fresh record above $71,000 on Monday as demand for the cryptocurrency picks up amid optimism that the Federal Reserve will cut interest rates the year. The unit hit ...

The official exchange rate of the naira against the dollar ended its three-day winning streak, falling by 4.26% to N1602.43 per US dollar on Tuesday, March 5, 2024, compared to N1534.19/$1, according ...

The exchange rate between the naira and the dollar strengthened for the third consecutive day, closing at N1,534.9/$1 on the official market. This implies, naira reached its strongest level in 7 days. ...

Ray Youssef, CEO of NoOnes shares a different perspective regarding the recent moves by the Central Bank of Nigeria (CBN) led by Dr. Yemi Cardoso, especially the sweeping decision to restrict cryptocurrency exchanges ...

The House of Representatives Public Accounts Committee, on Tuesday, summoned Olayemi Cardoso, the governor of the Central Bank of Nigeria, to unfailingly appear before it on March 5, 2024. The committee said ...

Monetary Policy Committee (MPC) of the Central Bank of Nigeria has increased the interest rate to 22.75%.  Yemi Cardoso, the governor of the CBN announced this after the first MPC meeting for ...

The money laundered through cryptocurrency exchanges has dropped by $9.3 billion in 2023. According to the latest Chainalysis report, obtained on Thursday, it was revealed that those illicit funds dropped by approximately ...

The constitutional roles and functions of the Central Bank of Nigeria were enshrined in the 1958 Act of Parliament, and as amended in 1991, 1993,1997, 1998, 1999, and 2007 respectively.  More importantly, ...

The value of the naira closed stronger at the close of trading on the Nigeria Autonomous Foreign Exchange market (NAFEM) on Wednesday at N1,542.58 to the dollar. This is following the appreciation ...

The Nigerian Naira on Wednesday experienced a significant depreciation, reaching a record low of N1,830 per dollar in the parallel market, commonly referred to as the black market. This marks a 7.10% ...