Nigerian Association of Money Changers Calls for Banning of Binance - The leader of Nigeria’s Association of currency exchangers has accused the crypto ... - https://news.bitcoin.com/nigerian-association-of-money-changers-calls-for-banning-of-binance/ #associationofbureauxdechangeoperatorsofnigeria(abcon) #nigeriasecuritiesandexchangecommission #bolaahmedtinubu #binancenigeria #aminugwadabe #africa #naira
#naira #africa #aminugwadabe #binancenigeria #bolaahmedtinubu #nigeriasecuritiesandexchangecommission #associationofbureauxdechangeoperatorsofnigeria
Naira Gains 4.4% over Strong Non-Bank Corporates Inflow
https://dmarketforces.com/naira-gains-4-4-over-strong-non-bank-corporates-inflow/
IMF sees room for eNaira improvement in first year assessment - The world’s second-ever CBDC has yet to reach 1% of Nigeria’s pop... - https://cointelegraph.com/news/imf-sees-room-for-enaira-improvement-in-first-year-assessment #nigeria #naira #cbdc #imf
Nigeria has successfully introduced new banknotes on about 10 occasions since its independence in 1960. So why has the latest attempt been so controversial and traumatic? And what measures need to be taken to avoid a future debacle?
Naira redesign no more: President’s directive canned by Nigerian supreme court - The supreme court of Nigeria says no to naira redesign, rules the... - https://cointelegraph.com/news/naira-redesign-no-more-president-s-directive-canned-by-nigerian-supreme-court #fiatmoney #nigeria #naira
Next time I visit #Nigeria 🇳🇬 I need to check out the new design of the #Naira (₦).
We’ve enough new naira notes for all, CBN insists https://thenationonlineng.net/weve-enough-new-naira-notes-for-all-cbn-insists/
Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals - The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38... - https://cointelegraph.com/news/bitcoin-premium-hits-60-in-nigeria-as-it-limits-atm-cash-withdrawals #centralbankofnigeria #bitcoinpremium #nigeria #nairaex #naira
#naira #nairaex #nigeria #bitcoinpremium #centralbankofnigeria
The Yassification of Chinua Achebe *Ethereal_ilo
You people started calling akara "bean balls" abi "bean cake", now they're selling it 100 #naira for one. Shey you're happy now???
#naira #blacktwitter #naijatwitter #234twitter
Report: Nigerian Anti-Graft Body Identifies Individuals Fueling the Naira’s Rapid Depreciation
https://news.bitcoin.com/report-nigerian-anti-graft-body-identifies-individuals-fueling-the-nairas-rapid-depreciation/
#EconomicandFinancialCrimesCommission(EFCC) #CentralBankofNigeria(CBN) #nairadepreciation #AbdulrasheedBawa #EmergingMarkets #foreigncurrency #BlackMarket #speculators #naira
#EconomicandFinancialCrimesCommission #CentralBankofNigeria #nairadepreciation #AbdulrasheedBawa #EmergingMarkets #foreigncurrency #BlackMarket #speculators #naira
Nigerian Currency Recovers Versus US Dollar — Central Bank Says Importers Must Repatriate Forex Earnings
https://news.bitcoin.com/nigerian-currency-recovers-versus-us-dollar-central-bank-says-importers-must-repatriate-forex-earnings/
#NigerianNationalPetroleumCompany #CentralBankofNigeria(CBN) #nairaparallelmarket #nairadepreciation #GodwinEmefiele #EgboagwuEzulu #Economics #naira #cbn
#NigerianNationalPetroleumCompany #CentralBankofNigeria #nairaparallelmarket #nairadepreciation #GodwinEmefiele #EgboagwuEzulu #economics #naira #cbn
Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start
https://news.bitcoin.com/speculators-and-crypto-traders-blamed-for-nairas-plunge-kenyan-institutions-told-to-end-dealings-with-nigerian-fintechs-car-token-sale-off-to-slow-start/
#CentralBankofNigeria(CBN) #CentralBankOfKenya(CBK) #nairadepreciation #Nigeriafintechs #ChipperCash #Flutterwave #Sangocoins #Africa #naira
#CentralBankofNigeria #centralbankofKenya #nairadepreciation #Nigeriafintechs #ChipperCash #Flutterwave #Sangocoins #africa #naira
Nigerian Currency Plunges to New All Time Low — Central Bank Blames Speculators
https://news.bitcoin.com/nigerian-currency-plunges-to-new-all-time-low-central-bank-blames-speculators/
#nairadepreciation #Foreignexchange #BureauDeChange #nairafordollar #cryptotrading #Exchangerate #remittances #Economics #naira #cbn
#nairadepreciation #Foreignexchange #BureauDeChange #nairafordollar #cryptotrading #Exchangerate #Remittances #economics #naira #cbn
Thread by @MattAhlborg on Thread Reader App
https://threadreaderapp.com/thread/1439950511164301322.html
"The informal #Nigeria 🇳🇬 #Naira has lost 23% of its value against #USD since the start of the year, a staggering number for #Africa's largest currency."
"What has happened to Venezuela and what is happening to Nigeria is something that will begin to happen to the MAJORITY (over 100) of emerging market currencies over the next 10 years as technological penetration deepens."
#Bitcoin :bitcoin: #NGN #USDNGN #BTCNGN #MattAhlborg
#MattAhlborg #BTCNGN #USDNGN #NGN #bitcoin #africa #usd #naira #nigeria
Nigeria Devalues Naira on Migration to Single Exchange Rate
"[CBN] replaced the fixed rate of 379 naira to a dollar used for official transactions with the more flexible nafex [~410/$]."
"The fragmented foreign-exchange market had been a cause of confusion and a source of arbitrage.”
--
Dollar to Naira Black Market Rate: ₦486.00
https://www.ngnrates.com/market/exchange-rates/us-dollar-to-naira/black-market
#Bitcoin :bitcoin: #Nigeria #CentralBank #CBN #NGN #Naira #USDNGN #BlackMarket #ExchangeRate #ForeignCurrency #Nafex
#Nafex #foreigncurrency #exchangerate #blackmarket #USDNGN #naira #NGN #cbn #centralbank #nigeria #bitcoin
Seamless payments with Transfers
"#Transfers [beta] lets your users initiate instant #bank #payments directly within your #application."
"It’s perfect for #P2P 🤝
With Transfers, your users can pay other users directly. You can have users transfer to any bank account, not just yours."
"You can pay us in #crypto too!"
"Pay from #Kuda, #GTB and #Zenith."
--
Transfers API:
https://docs.transfers.africa
#Bitcoin :bitcoin: #Nigeria #NGN #Naira #Fiat #OnRamp #OffRamp #Buycoins
#Buycoins #Offramp #Onramp #fiat #naira #NGN #nigeria #bitcoin #zenith #GTB #kuda #crypto #p2p #application #payments #bank #transfers
MT @sendcashafrica@Twitter.com
Want to send money to the US?
You can now do so from your phone!
✅ No bank queues
✅ Next-day deliveries
✅ Flat fee for all transactions
https://twitter.com/sendcashafrica/status/1375424559021707272
--
Visit http://sendcash.africa to send money now.
--
FAQs for Sending Money to the US:
"To fulfil your request to #send #money to the #US, we match you with another user who is trying to #receive #Naira into their #account."
#Bitcoin :bitcoin: #Nigeria #USA #Bank #NGN #BankTransfer #WireTransfer #Remittance
#remittance #wiretransfer #banktransfer #NGN #bank #usa #nigeria #bitcoin #account #naira #receive #us #money #send
The NFT Craze Is Helping Nigerian Artists Go Global
https://www.coindesk.com/the-nft-craze-is-helping-nigerian-artists-go-global
"#Nigerians cannot convert digital assets to #naira through traditional crypto exchanges. But that hasn’t wiped out crypto in #Africa’s largest economy, thanks in part to its young and tech-savvy population. Users began switching to peer-to-peer platforms."
"For some African artists, minting their first pieces could be a challenge due to the Ethereum gas fees sometimes needed to sell an #NFT."
#coindesk #nigeria #p2p #nft #africa #naira #nigerians
Nigerians’ appetite for bitcoins grows despite ban
https://guardian.ng/news/nigerians-appetite-for-bitcoins-grows-despite-ban
"Many investors and traders are still in the business even though some Nigerians complained their bank accounts were closed due to the regulatory crackdown."
"The use of foreign accounts for #crypto purchase and a shift to peer-to-peer-enabled platforms have replaced the services of restricted #cryptocurrency #exchanges."
#Bitcoin :bitcoin: #Nigeria #Africa #Nigerian #naira #NGN #USDNGN #P2P #PeerToPeer #Pleb2Pleb
#Pleb2Pleb #peertopeer #p2p #USDNGN #NGN #naira #nigerian #africa #nigeria #bitcoin #exchanges #cryptocurrency #crypto
Nigeria’s Central Bank Declares War on Bitcoin in a Losing Battle With the People
"One U.S. dollar now trades for 480 #naira. While the Central Bank of #Nigeria maintains an artificial #exchange rate of 1 dollar for 380 naira on the official market, no one in Nigeria is fooled."
"I am certain that the battle that the Central Bank of Nigeria has embarked on cannot be won."
#Bitcoin :bitcoin: #Africa #Nigerian #CBN #NGN #USDNGN #P2P #P2PExchange #SSaurel #SylvainSaurel
#SylvainSaurel #ssaurel #P2PExchange #p2p #USDNGN #NGN #cbn #nigerian #africa #bitcoin #exchange #nigeria #naira