The House of Representatives has asked the Central Bank of Nigeria (CBN) to immediately suspend the planned implementation of its new policy on revised cash withdrawal limits for individuals and corporate organizations. The members of the lower house who appear ...

As the rise of Blockchain accelerates digital payments in Nigeria with the introduction of Central bank digital currencies, regulation is a key infrastructure tool in Nigeria for seamless adoption. This was disclosed by Sam Lee, founder of Blockchain Center, and ...

“The President of the Russian Federation called (http://kremlin.ru/events/president/news/69927) to create a new international payment system based on blockchain and digital currencies V. Putin called for the creation of a new system of international settlements, independent of banks and third parties, ...

The Central Bank of Nigeria (CBN) says it’s received an overall total of N165 billion to date as it announced plans to introduce new naira notes and asked Nigerians to deposit all old notes in circulation.  This is made known by CBN’s ...

Official property records have revealed that disgraced former FTX boss Sam Bankman-Fried, his parents and senior executives from the collapsed crypto platform collectively bought 19 properties worth a total $121 million. Some luxury beachfront properties totaling $72 million were listed ...

(Ooduarere) The hundreds of grants and investments totaling at least $132 million that were earmarked by the FTX Foundation and its FTX Future Fund for use in developing new bioweapons, “vaccines” and other chemical and pharmaceutical products are officially null and void. And ...

On Monday, London-based think tank Carbon Tracker issued a report that deemed an investment in the African oil and gas sectors as risky, while advocating solar energy development (described as “the best economic opportunity in the transition”). In an exclusive ...

The Nigerian Exchange Limited once again closed on a negative note with a loss of N5 billion due to sustained sell pressure.  The market performance indices, NGX All Share Index, depreciated by 0.02%. In the same vein, Market Capitalization declined by N5 ...

PPP = Purchasing power parities (PPPs) are the rates of currency conversion that try to equalise the purchasing power of different currencies, by eliminating the differences in price levels between countries. This means that goods in each country will cost the ...

How much is a dollar to naira today in the Parallel Market Dollar? Dollar to naira exchange rate today parallel market (Aboki dollar rate): he exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar ...