Nigeria Archives – Dcryptonews

September 28, 2022

Just days after the naira hit a new low, the Nigerian Central Bank increased the key interest rate. After the recent monetary policy meeting, the Central Bank of Nigeria announced that it has raised the monetary policy rate to 15.5%. The central bank hopes to narrow the negative real interest rate gap and curb inflation […]

June 12, 2022

Report: Central bankers in Kenya and Nigeria criticise cryptocurrencies but support CBDCs According to reports, the central bankers of Nigeria and Kenya believe that cryptocurrencies are too unstable to be utilised as a common form of payment. The bankers also believe that cryptocurrencies endanger the stability of the financial system. Cryptocurrencies, according to the […]

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