FBI Informant Doxxes Crypto Cash Buyers from US Indians
20 October 2023 An FBI informant doxxed hundreds of cash buyers for the potential of less prison time, continuing to ship them cash for months after the cooperation began. Six…
Acquisition: Nigerian Breweries Requests Meeting with Shareholders
Acquisition: Nigerian Breweries Requests Meeting with Shareholders Nigerian Breweries Plc (NB) has called for an extraordinary general meeting with shareholders to obtain approval for 80% …
Nigerian Exchange Hits New All-Time High on Record
Nigerian Exchange Hits New All-Time High on Record The Nigerian Exchange (NGX) hit a new all-time high on record on Friday following equities investors’ reactions …
Bitcoin Retreats after Hitting $38,000 on Crypto Selloffs
Bitcoin Retreats after Hitting $38,000 on Crypto Selloffs The price of Bitcoin has fallen 3% over the past 24 hours to $36,250, retreating from its …
Naira Falls Sharply to N1105 at Official Market
Naira Falls Sharply to N1105 at Official Market The Nigerian naira fell to a new record low of N1,105 to the U.S. dollar on the …
Naira Rallies as Invisible Hands Balance Rates
Naira Rallies as Invisible Hands Balance Rates The naira rallied midweek as invisible hands put a touch on exchange rates across the markets. Both official …
Naira Trades at N850 as CBN Releases Update on Old Notes
Naira Trades at N850 as CBN Releases Update on Old Notes The Nigerian naira struggled to keep value across the foreign exchange markets on Tuesday …
The World’s Reaction To Crypto – Could It Lead To Future Mass Adoption?
Opening Thoughts The whole nature of Bitcoin and cryptocurrency is to provide a real alternative to the somewhat archaic and old-fashioned rigidity of centralized finance. You don’t have to dig…
Benchmark Yield on Nigerian Treasury Bills Slides to 13.4%
Benchmark Yield on Nigerian Treasury Bills Slides to 13.4% Ahead of the inflation rate figure for October 2023, the average yield on the Nigerian Treasury …
Naira Depreciates to N996.75, Trailing Black Market Rate
Naira Depreciates to N996.75, Trailing Black Market Rate Positive sentiment about the expected US dollar inflow announced by the Nigerian government has started to fizzle …