The founder of cryptocurrency firm Binance was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed. Changpeng Zhao, a Canadian, resigned from his post at the world’s largest cryptocurrency exchange platform late last year as part of …
The Coalition of Northern Groups, CNG, has asked business owners to reflect the naira’s improvement against the dollar on the prices of the products they market. A statement by the National Coordinator, CNG, Comrade Jamilu Aliyu Charanchi, expressed support for genuine efforts to strengthen and stabilize the naira and bring back its value against the …
Let your prices reflect Naira’s improvement, CNG tells businesses Read More »
As the naira gradually appreciates against the dollar after months of unprecendented uncertainties, the Central Bank of Nigeria (CBN), on Monday, announced the sales of $10,000 to each of the eligible Bureau De Change (BDC) operators in the country at the rate of N1,251/$1. In a circular to the President of the Association of Bureau …
CBN Sells FX To BDCs At N1,251/$1 As Naira Rebounds Read More »
Cryptocurrency exchange Binance has ended its naira services, the company said on Tuesday. It listed the timeline for the closure, asking users to take needed action. “Users are encouraged to withdraw NGN, trade their NGN assets, or convert NGN into crypto prior to the discontinuation of these NGN services,” Binance said in a statement. “From …
Abia State Governor, Alex Otti, has lamented the free fall of the naira, saying the Federal Government printed too much money in circulation. The governor stated this during an interview on Thursday. “I believe that the major problem we have is financial discipline. We are dealing with an economy where we printed so much money, …
FG Printed Too Much Money, Gov Otti Laments Free Fall Of Naira Read More »
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says that for the first time in a long while, Nigeria’s volume of transactions in the exchange market rose to $800 million. He stated this while addressing members of the House of Representatives at the sectoral debate on the economy. “We are not a …
Volume Of Transactions In Exchange Market Hit $800m – Cardoso Read More »
92.5 O FM is your new home for the very best hit music for Ilorin. We guarantee to entertain our listeners with the best hit music from Nigeria and around the world, mixed with all the latest news, entertainment gossip, traffic reports and weather updates, so you get all the information you need every day…
©2024, Ofm 92.5 Ilorin. All Rights Reserved
