Olufemi Adewole, Executive Secretary of DAPPMAN, warns that Nigeria’s Naira-for-crude oil transaction framework could destabilize foreign exchange (FX), deter foreign direct investment (FDI), and worsen economic challenges. He highlights the volatility of the Naira and stresses that crude oil transactions traditionally rely on the U.S. dollar for stability and global acceptability. Adewole cautions that deviating […]
Source link
Key TakeawaysElon Musk pledged to donate $10.5 billion in SpaceX stock to give every U.S. child under 18 one share.The...
Key TakeawaysECB President Christine Lagarde confirmed a 12-month digital euro pilot set to launch in late 2027.The digital euro aims...
Key TakeawaysQubic reported 1,404 wallets drained of approximately 2.94 trillion QU between Oct. 17 and 18.Qubic attributed the theft to...
Key TakeawaysThe EU and 8 nations signed a Warsaw Convention protocol to combat crypto-funded crime and terrorism.The agreement enables instant...
Key TakeawaysStrive’s consecutive $280M and $235M bitcoin purchases signal renewed corporate demand for BTC.Binance US’s reported $1B valuation is roughly...
We bring you the latest in Crypto News
