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The Nigerian Naira weakened significantly against the U.S. dollar following the Central Bank of Nigeria’s (CBN) decision to hike interest rates for the fifth time this year. The naira dropped to NGN1,658 per dollar on the official foreign exchange market after the CBN increased the benchmark lending rate by 50 basis points. On the parallel […]Bitcoin NewsRead More
The U.S. Treasury bond-backed token economy has recently crossed a significant milestone, now exceeding $2 billion in value. Among the various projects contributing to this […]
Nigeria began selling crude oil to billionaire Aliko Dangote’s new refinery in naira on October 1st. This “oil for naira” scheme aims to ease pressure […]
As of April 12, 2024, bitcoin’s price exhibits resilience, trading at $70,748, with oscillators showing mixed signals while moving averages firmly suggest a bullish trend […]
