Naira depreciated against the U.S dollar at the Investors & Exporters (I&E) window of the foreign exchange market on Thursday, data posted on the FMDQ Security Exchange webpage where currencies are officially traded showed. The local unit closed at N394.33 at the Thursday trading session, representing N0.08 or 0.02 per cent decrease from N394.25, the rate at which it closed at the previous session.
Tag: World news
INFORMATIVE: How open banking can be monetised by banks and other financial services.
Joined by executives from the financial services ecosystem, Celent’s head of corporate banking Patricia Hines took to the Sibos virtual stage to lead a discussion on the potential for building on ROI with APIs.
Investors worry over future of Bitcoin and other cryptos under a Joe Biden Presidency
Global investors and crypto traders are becoming wary of what the future holds for crypto under a Joe Biden Presidency. This is because the person expected to lead the U.S Treasury, Janet Yellen referred to crypto as of “particular concern” when it comes to terrorist financing and money laundering.
BBC must make tough decisions on spending as it’s losing audiences to Netflix and others.
Britain’s BBC needs to make tough decisions to ensure its future as viewers spend less time with the broadcaster and the number of households paying the licence fee declines, the National Audit Office (NAO) said on Wednesday.
Central Bank of Digital Currency to be created?
Every day, it seems, brings a new privately issued crypto-asset to the fore. But the official sector has not gone dormant. Several central banks, including the Bank of Canada, Bank of England, Norges Bank, and Sveriges Riksbank are actively investigating the possibility of issuing central bank digital currency (CBDC).
NEW YEAR: Worldwide coronavirus death toll hits 1,827,565
The novel coronavirus has killed at least 1,827,565 people since the outbreak emerged in China last December, according to an AFP tally from official sources at 1100 GMT on Saturday.
Joe Biden appoints another Nigerian into top position in US
Another Nigerian is making the country proud in the US. This is as Osaremen Okolo was appointed a COVID-19 adviser to Joe Biden
Biden to act quickly to roll back harmful ‘midnight regulations’ -transition
The Biden administration will take swift action when it assumes office on Jan. 20 to roll back harmful Trump administration policies that have not taken effect by Inauguration day, a spokeswoman for President-elect Joe Biden’s transition team said on Wednesday.
U.S. demands release of Uighur doctor who family say is sentenced to 20 years
The United States called on Wednesday for the release of a Uighur Muslim medical doctor who relatives say was sentenced to 20 years jail in China because of family members’ human rights activism in the United States.
President Talon: Benin to be self-sufficient in energy production soon
Benin Republic will soon achieve energy autonomy, President Patrice Talon reassured on Tuesday in the National Assembly.