Currency
LCCI advises CBN to convert lower currency notes to coins
By Godfrey Ofurum The Lagos Chamber of Commerce and Industry (LCCI) has advised the Central Bank of Nigeria (CBN)…
Currency in circulation falls 3.9% to N2.05trn
Grows 95.6% to N2.02trn in 10 years By Omobayo Azeez Total currency in circulation (CIC) in Nigeria has declined…
China says U.S. currency manipulator labeling could cause chaos in financial markets
China’s central bank said on Tuesday that Washington’s decision to label Beijing as a currency manipulator would “severely damage international…
Turnover at Nigeria’s fixed income, currency market grosses N19.12trn
Turnover in the fixed income and currency (FIC) markets for the month ended June 30, 2019 grossed N19.12 trillion, data…
Markets cautious ahead European Central Bank policy retention
There was palpable suspense during Thursday’s early trading sessions across Europe as market awaits European Central Bank policy meeting outcome.…
Sterling to coast, but Brexit talks progress would drive rally, poll shows
Sterling’s outlook is stable over the coming year, but a few currency strategists polled by Reuters expect it to make…
The electricity required for a single bitcoin trade could power a house for a whole month
Bitcoin transactions use so much energy that the electricity used for a single trade could power a home for almost…
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