The World Bank reports that Nigeria lost over $8 billion due to the Central Bank of Nigeria’s (CBN) refusal to float the naira between 2021 and 2023. This foreign exchange subsidy, along with the fuel subsidy, deprived the government of revenue. The World Bank acknowledges the suffering caused by the government’s policies but insists they […]
Source link
Key TakeawaysBitcoin reclaimed $87,000 on Sept. 22 before easing to $86,400 with a $1.74 trillion market cap.Coinglass data show short liquidations fell to $48 million, while long losses...
Read more
