In the first month of 2024, Nigeria’s headline inflation rose from nearly one percent to 29.9%. However, on a year-on-year basis, the January 2024 headline inflation rate was 8.08 percentage points higher than the January 2023 rate. Many commentators identify foreign exchange shortages as the root cause of the naira’s poor performance against major currencies. […]
View more:
- Almost 10% Of Bitcoin Supply Bought Above $60,000: Glassnode
- Analyst: Bitcoin Bulls In A Mere “Warm Up,” A Mega Rally Incoming
- CFTC’s Approach In KuCoin Case May Undermine SEC’s Authority, Commissioner Warns
- Hong Kong’s Approval Of Spot Bitcoin And Ethereum ETFs Triggers Crypto Market Recovery
- Nunchuck’s Collaborative Bitcoin Custody Platform Enters Beta