Economic Downturn: Nigerian crypto exchange Quidax lays off 25% of its staff
Nigerian cryptocurrency Exchange, Quidax, has laid off at least 20 of its staff, representing 25% of its workforce. This is coming just a few months after…
Author: nairastand
Lagos moves against use of third parties in obtaining planning permits, warn property developers
Lagos State Government has warned prospective developers/owners of buildings in the state against engaging the services of third parties and thugs while processing their planning…
Nigeria’s central bank sells $9.4 billion in forex in 6 months
The Central Bank of Nigeria sold a total of $9.4 billion in forex in the foreign exchange market first 6 months of 2022. This compares…
Naira strengthens to N740/$1 at the black market on 1st December 2022
The exchange rate between the naira and the US dollar closed at an average of N740/$1 on Thursday, 1st December 2022 at the black market,…
Naira Exchanges For N705 Per Dollar at The Black Market As FX Supply Dips
The local currency, the naira has depreciated again above N700 at the parallel market on Monday, September 5, 2022 Information from operators indicate that the…
Naira Depreciates at The Parallel Market, Exchanges For N712 Per Dollar
The naira continued on its downward fall on Thursday, although gaining marginally against the US dollar on the black market Also, the naira fell at…
World markets plunge on growing recession fears
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