News

Justice Yellim Bogoro of the Federal High Court, sitting in Ikoyi, Lagos, on Friday, 2nd May 2025, convicted and sentenced ...
Matrixport’s analysis highlights persistent stablecoin inflows, signaling crypto’s resilience and growing adoption even as broader markets slow. Cryptonews has covered the cryptocurrency industry ...
The Nigerian central bank had a 13.9 trillion naira ($9 billion) loss on the settlement of overdue derivatives contracts in 2024 as it tried to prune foreign currency liabilities on its balance ...
The Nigeria-China Strategic Partnership has said ... The digital renminbi (RMB) is a central bank digital currency issued by China’s central bank, the People’s Bank of China.
The Central Bank of Nigeria's Monetary Policy Committee will meet in May, and markets expect a potential interest rate hike or liquidity tightening to counter inflation and stabilize the currency.
ABUJA (Reuters) - Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent shockwaves through global markets, the bank said on ...
In 2021, Nigeria became the first African country to launch a central bank-backed digital currency, the eNaira, aimed at driving financial inclusion, reducing the cost of cash transactions ...
LAGOS, NIGERIA, May 2, 2025 /EINPresswire / -- With Nigeria's economy facing rising inflation, dwindling foreign exchange reserves, and the challenges of policy instability, agro-investor and ...
Another video has emerged where some Chinese nationals were seen publicly abusing Nigeria’s currency, naira, and receiving deferential treatment from Nigerian police officers at a mining site.
Nigeria’s broad money supply has increased ... The CBN data indicated that the volume of currency circulating outside the banking system rose to N4.6 trillion in March, out of a total currency ...