Amid Naira FX Oscillation, Bitcoin Surges To All-Time High In Nigeria

Amid Naira FX Oscillation, Bitcoin Surges To All-Time High In Nigeria

UTOMI EKPEI/AFP via Getty Images) AFP via Getty Images As the Central Bank of Nigeria continues to clear the outstanding FX backlog, the Naira continues to swing above and below the $1/₦1,000 band in both the parallel and official market, while the Bitcoin price has been rallying above $36,000—its previous May 2022 all-time high. Background … Read more