Nigeria
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Currencies
Africa’s depreciating currencies are leading millionaires to flee in droves
The number of millionaires living in Africa dropped by nearly 20,000 in the past decade as the continent’s ultra-rich either moved away…
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Commodities
Commodities: Europe’s Energy Savior, LNG, Is a Vulnerability
In its moment of most need, back in 2022, the liquified natural gas market saved Europe. Now, that same LNG…
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Commodities
Reps to investigate daily rise in prices of commodities
The House of Representatives has mandated the Committee on Commerce to investigate the daily increase in prices of commodities in…
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Currencies
Nigeria, India intend on swapping regional currencies in trade
(MENAFN) India and Nigeria are poised to solidify their economic partnership through an upcoming agreement on local-currency debt settlement, signaling…
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Trading
Nigeria Moves to Ban P2P Naira Crypto Trading
Nigeria is reportedly stepping up its cryptocurrency crackdown with a proposed ban on peer-to-peer trading. The ban would affect P2P trading in…
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Currencies
Nigeria to remove Naira from P2P trading platforms to curb currency manipulation
The Nigerian government has revealed intentions to delist the national currency, the Naira, from all peer-to-peer (P2P) trading platforms. Emomotimi…
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Investment
Nigeria secures $600 million Maersk investment in seaport infrastructure
ABUJA (Reuters) – Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk, the presidency…
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Currencies
This Local Currency Rises 12% Against the US Dollar
The US dollar outperformed all leading currencies this month including the Chinese Yuan, Japanese Yen, and the Indian Rupee. The…
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Currencies
NGN/USD: Why Nigeria’s Currency Rebounded and What It Means
Nigeria pumps almost 1.5 million barrels of oil a day, making it the continent’s biggest producer. Yet this petrodollar nation…
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Currencies
Prominent transgender woman in Nigeria arrested, charged with defacing currency
Eswatini police on March 28 detained a prominent human rights activist as she tried to return to the country. Tanele…
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