federal reserve

  1. Today's Naira Rate [08-05-2024]: Naira Depreciates Slightly to N1,450/$ Against Dollar

    Nigeria Today's Naira Rate [08-05-2024]: Naira Depreciates Slightly to N1,450/$ Against Dollar

    Explore the economic turmoil in Nigeria's currency markets as the Naira struggles against a surging U.S. Dollar. Amidst regulatory interventions and Federal Reserve policy uncertainties, fluctuations in exchange rates prompt concerns over FX liquidity. On Wednesday, the Naira experienced a...
  2. Bitcoin's Remarkable Surge: Record-Breaking $71,000 High Sparks Investor Excitement

    Nigeria Bitcoin's Remarkable Surge: Record-Breaking $71,000 High Sparks Investor Excitement

    Bitcoin reached a new all-time high, surging past $71,000 on Monday, driven by increasing demand for the cryptocurrency. The rally is fueled by optimism regarding potential interest rate cuts by the Federal Reserve later this year. According to Bloomberg data, Bitcoin hit its peak at $71,432...
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