LAGOS JUNE 15TH (NEWSRANGERS)-The value of the naira to the dollar fell from 196.99 in December 2015 to 410 in April 2021, reflecting a 51.95 per cent decline despite the various foreign exchange policies introduced by the Central Bank of Nigeria to strengthen the currency. According to a monthly document obtained from the CBN’s website,…
LAGOS APRIL 2ND (NEWSRANGERS)-Facts have emerged regarding the arrest of the first suspect in Wednesday evening’s failed assassination attempt on former Central Bank of Nigeria (CBN) Governor, Prof Charles Chukwuma Soludo, during a youth meeting held at his hometown, Isuofia, Aguata Local Government Area of Anambra State. This is even as the Anambra State Police…
LAGOS MARCH 30TH (NEWSRANGERS)-When Nigerian office worker Chigoziri Okeke bought cryptocurrency for the first time in 2016, he was only looking to make an online payment. But the 10 percent gain on his wallet’s balance after a few days fired up the 27-year-old’s interest. Now, the Lagos resident has more than $50,000 worth of different…
LAGOS MARCH 22ND (NEWSRANGERS)-The Central Bank of Nigeria (CBN) said there was no time the bank banned the activities of Cryptocurrencies in the country. The Governor of the bank, Godwin Emefiele, disclosed this in Abuja at the 30th seminar for Finance Correspondents and Business Editors organised by the bank. Emefiele, who was represented by Adamu…