Currency Report
Home Currency Report
eNaira, Nigeria’s Digital Currency, Is Not Cryptocurrency: Read The difference
“eNaira is not cryptocurrency. In fact, eNaira is merely another form of the Nigerian Naira, a digital version,” Obi said.
e-Naira: Nigeria’s CBN Limits Fund Transfer To N50,000; Account Balance To...
Central Bank of Nigeria, CBN, has issued a new guidelines detailing how Nigeria’s digital currency called the e-Naira will work.
Breaking: CBN Freezes Bamboo, Chaka, Risevest Accounts Over FX, Cryptocurrency
Nigerian Fintech firms, Risevest, Bamboo, Chaka, CTL and Trove risk losing customers as CBN moves to freeze their accounts.
Breaking: CBN bans Nigerians from buying, selling bitcoin, other cryptocurrencies
The Central Bank of Nigeria, CBN, has ordered banks and other financial institutions to close customer accounts used in trading cryptocurrencies and other related transactions.
CBN Injects $210m into Foreign Exchange Market
Central Bank of Nigeria (CBN) on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange Market to boost liquidity in the system.
CBN injects $210m as naira appreciates to N360.28/$
The Central Bank of Nigeria (CBN) yesterday injected $210 million into the foreign exchange market even as the Naira appreciated by 8 kobo to N360.28 per dollar in the Investors’ and Exporters’ (I&E) window.
Breaking: Britain plans to add Naira as trade currency
Britain’s export finance agency’s plan to add the Naira to its list of pre-approved currencies would boost the value of Nigerian currency, an economist, Prof. Okey Onuchuku has said.
Breaking: NSE introduces new share pricing regime, Experts commend
Some financial experts have commended the new share pricing method of the Nigerian Stock Exchange (NSE).
Nigeria’s inflation drops to 15.37% in December 2017 – NBS
The National Bureau of Statistics (NBS) says inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.37 per cent in December 2017 from 15.90 per cent recorded in November of the same year.
Bitcoin Plunges As Investors Suffer ‘Reality Check’
Bitcoin prices plunged by a quarter on Friday as investors cashed out just before Christmas after the wildly volatile currency’s stratospheric rise in recent weeks.
