In the first month of 2024, Nigeria’s headline inflation rose from nearly one percent to 29.9%. However, on a year-on-year…
Forex
The Nigerian central bank remains committed to building confidence in the economy but that hinges on the implementation of “bold…
The official exchange rate of the Nigerian currency versus the U.S. dollar recently plunged to a record low of 1,248…
Forex liquidity and currency swaps are hard to access for many in Africa, which limits the use of United States…
The Nigerian central bank said on Oct. 12 that it had lifted foreign exchange restrictions imposed on the importation of…
Nigeria, known for its growing adoption of cryptocurrencies, particularly Bitcoin (BTC), on June 14, floated the nation’s naira currency to…
Financial market firms T. Rowe Price Associates, WisdomTree, Wellington Management, and Cumberland have joined an Avalanche (AVAX) subnet to test…
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