An AI African Intelligence Site
A Nigerian man has allegedly committed suicide after losing money he invested in cryptocurrency. The deceased who is reportedly 21, has been identified as Lucky and it was gathered that…
Benchmark Yield on Nigerian Bonds Climbs to 18.1% In the secondary market, bonds traders, and holders reacted negatively to a spike in short-term rates on Treasury bills. The selloffs in…
National Security: Reps Move to Investigate Cryptocurrency, Digital Asset Transactions The House of Representatives has resolved to investigate the national security implications of the current status of Cryptocurrency, blockchain, and…
Naira Hits Red Line, Official Rate Tops Parallel Quote by N17 The Nigerian naira depreciated by about 5%, crossing N1600 red line versus dominance US dollar as eligible foreign currency…
The House of Representatives, through a motion, resolved to investigate the national security implications of cryptocurrency, and other digital asset transactions. The House is also to investigate the current status…
Nigerian Treasury Bills Yield Crossed 17% The average yield on Nigerian Treasury bills climbed to 17.2% ahead of the primary market auction on Wednesday, traders said in their notes. The…
Naira Trends Positive, Exchange Rates Gap Slides to N28 The naira has started gaining strength, and the trend cuts across the official and parallel market due to deliberate efforts to…
A trained crypto investigator Obinna Iwuno says traders on cryptocurrency trading website Binance are not anonymous as they can be traced. Iwuno, who is the President of the Stakeholders in…
Nigeria Slams $10bn Fine on Binance for Naira Manipulation Nigeria’s government has fined cryptocurrency trading platform Binance $10 billion following its illegal dealing in the currency, the naira. This was…
Nigerian Companies Experienced Salaries Payment Difficulties The Nigerian private sector recovery gathered momentum at the start of 2024, with rates of expansion in output and new orders accelerating sharply, according…