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The Central Bank of Nigeria Act 2007 gives the central bank, Central Bank of Nigeria (CBN) the right to issue Nigeria's legal tender which is legally prescribed to be the Naira. The act also gives the CBN the sole right to issue Naira and the right to determine the exchange rate of Naira to other fiat currencies.
BusinessDay, established in 2001, is a daily business newspaper based in Lagos, Nigeria. [1] It is the only Nigerian newspaper with a bureau in Accra, Ghana. [2] [citation needed]. It has both daily and Sunday titles. It circulates in Nigeria and Ghana.
(Reuters) -Kraken, one of the world's largest cryptocurrency exchanges, was sued on Monday by the U.S. Securities and Exchange Commission, which accused it of illegally operating as a securities ...
(Reuters) -Australia's corporate watchdog said on Thursday that the country's federal court ordered crypto exchange Kraken's local operator to pay an A$8 million ($5.1 million) fine for unlawfully ...
Bit Trade Pty is the operator of the Kraken crypto exchange, one of world's largest cryptocurrency exchanges, in Australia. In September 2023, the Australian Securities and Investments Commission ...
In early 2006, the Board of NCC, approved a proposal to partly fund the setting-up of Internet eXchange Points in Nigeria. Later that year, IXPN started operations from NECOM House (Marina, Lagos) as its main location; with sub-locations at Victoria Island, Ikeja, [4] Lekki [5] Ikoyi Port Harcourt, Abuja, Enugu and Kano.
Daily Post is a Nigerian newspaper published by Daily Post Media Ltd., based in Lagos. It reports on local and national news, politics, metro, business, entertainment, sports and opinions. In March 2015, the newspaper debuted the free distribution of its print version across Nigeria. [1] [2] [3]
The US dollar exchange rate is an estimated average of the official rate throughout a year and does not reflect the parallel market rate at which the general population accesses foreign exchange. This rate ranged from a high of 520 in March 2017 to a low of 350 in August 2017, due to a scarcity of forex (oil earnings had dropped by half), and ...