Posted inEconomy Exchange NAIRA RATE
Naira Strengthens Slightly, Inflation Dips to 23.71%
The naira held steady at the official market, even as parallel rates slipped and inflation…
Nigerian Equities Market Weekly Recap: ASI Hits 106,000+ as Consumer Goods Shine
Nigeria’s stock market edged higher this week as consumer goods stocks led gains, pushing the…
Nigeria’s Stock Market Soars, But Citizens Still Struggle to Join the Ride
Despite record stock market gains, most Nigerians remain excluded due to poverty, mistrust, and a…
Nigeria’s All-Share Index Nears 106,000 as Market Rallies
The Nigerian stock market rebounded strongly this week, fueled by consumer goods, insurance, and banking…
Posted inExchange Price Analysis
CBN Forex Inflows Drop in January 2025 as Naira Strengthens
Nigeria saw weaker CBN forex inflows in January, but private sector activity and naira strength…
Babylon: Revolutionizing Bitcoin Staking and Blockchain Security
Babylon Labs pioneers Bitcoin staking, enabling BTC holders to secure PoS chains without intermediaries. Unlock…
Posted inExchange Trends Weekly Overview
CBEX Collapse: Nigeria’s Latest Crypto Ponzi Scheme Leaves Investors in Ruins
In April 2025, Nigeria witnessed another major Ponzi scheme collapse as CBEX, a crypto investment…
Trump’s Tariff Policy Shift: Impact on Nigeria and Global Trade
President Donald Trump's new trade policy introduces a 10% tariff on all U.S. imports, along…
Posted inEconomy Exchange NAIRA RATE
Naira Faces Pressure Amid FX Market Uncertainty and Dollar Strength
The naira remained volatile below N1,550/$ in the unofficial market despite growth in Nigeria’s FX…
Nigeria’s Bond Market Sees Lower Offers but Strong Investor Demand in Q1 2025
In Q1 2025, investors subscribed to N2.83 trillion in Federal Government bonds, down from N3.12…
Quidax & Tether Partner to Boost Blockchain Education in Africa
Quidax, a leading African crypto exchange, has partnered with Tether to enhance blockchain education in…
Nigeria to Auction N300 Billion FGN Bonds to Fund Budget and Infrastructure
The Debt Management Office (DMO) has announced a N300 billion bond auction for March 24,…
Nigeria’s Inflation Rate Expected to Decline Further in 2025
Nigeria’s inflation rate is projected to decline further in 2025, driven by improved macroeconomic stability…
Bybit Expands in Africa, Eyes Kenya
Bybit is expanding its presence in Africa, with Kenya among its key markets. At the…
Posted inCrypto Exchange Regulations
GINGERLY, Nigeria Takes Cautious Steps Toward Crypto Regulation Amid Fraud Concerns
Nigerian authorities are gradually moving to regulate Africa’s largest cryptocurrency market, aiming to create legal…
Posted inEconomy Exchange NAIRA RATE
Naira Falls to N1,500/$1 Amid FX Scarcity
The Nigerian naira weakened to N1,500/$1 in the parallel market on Friday, down from N1,495/$1…
Elevate Your Trading Experience: A User Guide to CoinEx Investment Tools
As a crypto trader, the market can be both thrilling and challenging. With many exchanges…
Posted inBlockchain Crypto Exchange Regulations
Nigeria Sues Binance for $79.5 Billion Over Economic Losses and Tax Evasion
Nigeria has filed a lawsuit against Binance, demanding $79.5 billion in damages for alleged economic…
Posted inEconomy Exchange NAIRA RATE
Nigeria’s Non-Oil Revenue Soars in November 2024
Nigeria’s non-oil revenue surged to N1.90 trillion in November 2024, a 16.4% increase compared to…
Posted inExchange NAIRA RATE NEWS
Naira Strengthens Against Dollar in Parallel Market
The Nigerian naira appreciated the parallel market on Friday, closing at N1,610/$1, up from N1,630/$1…
Nigeria’s 2025 Budget: Key Impacts on the Stock Market
Nigeria’s N49.74 trillion budget, with an N13.39 trillion deficit, highlights opportunities and risks for the…
Posted inCrypto Exchange Regulations
Binance Secures Approval in Brazil
Binance, the world’s most licensed cryptocurrency exchange, has received approval from Brazil’s Central Bank to…
Posted inCrypto Exchange Regulations
China Tightens Crypto Trade
China’s foreign exchange regulator has introduced new rules requiring Chinese banks to monitor risky trades…
Posted inExchange NEWS Regulations
Malaysia Orders Bybit to Cease Operations
Malaysia's Securities Commission (SC) has ordered cryptocurrency exchange Bybit to shut down for operating an…
Binance Expands Crypto Access in Africa with Mobile Money Integration
Binance, by means of integrating mobile money services, is enhancing crypto accessibility in West and…