The US Fed Increases Interest Rates By 0.75%.
The baseline interest rate set by the US Federal Reserve has increased by 0.75 percentage points. New predictions indicate that…
Day: September 22, 2022
Nigeria Seeks OECD Membership To Increase Seed Exports.
Plans have been in place by Nigeria’s National Agricultural Seeds Council (NASCC); to admit Nigeria as a full member of…
Toyota’s Upcoming Vehicle Release In October Will Be Hampered By Chip Shipping.
In October of last year, when the COVID-19 epidemic caused supply components in Southeast Asia to be in disruption; Toyota…
Nigerian Banks Are Faced With Difficulties Due To Currency Crisis, Inflation and Rate Hikes – Fitch.
According to Fitch, Nigerian banks would undoubtedly be influence by the naira’s persistent depreciation. Widespread inflation, currency devaluations, and interest…
CBN Approves Access Corporation’s Payment In Full.
A new payment subsidiary controlled entirely by Access Corporation, Hydrogen Payment Services Company Limited, has received final permission from the…
Nigeria Surpasses Kenya To Retake The Top Spot In Africa For Cryptocurrency Adoption.
Nigeria has reclaimed the top spot in Africa for crypto adoption, now coming in at #11 globally with an adoption…
US Fed Sends The Cryptocurrency Market Into Turmoil.
Due to the increase in US interest rates, the value of the bitcoin market has dropped to $360 billion, and…
Jamie Dimon, CEO Of Morgan Chase, Refers To Cryptocurrencies As “Ponzi schemes.”
Stablecoins, which are digital assets linked to the value of the US dollar or other currencies, wouldn’t be a problem…
China Appeals To Europe To Take Action Against Climate Change.
Chinese negotiator Xie Zhenhua stated to Germany’s special environmental representative that; there were currently “many problems and concerns” with regard…