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Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency

2024-03-12 by admin Leave a Comment

The Economic Intelligence Unit has stated that the Central Bank of Nigeria cannot halt the rapid depreciation of the local currency. The continued volatility of the naira is expected to result in erratic regulation, primarily affecting businesses that hold foreign exchange. Nigeria Presses Ahead With Reforms The Economic Intelligence Unit (EIU) has stated that the […]

K33 Research Note Claims Cardano Network Lacks Meaningful Use, Native Token Value at Risk

2024-01-19 by admin Leave a Comment

The latest K33 Research note asserts that the Cardano network has no meaningful use and this does not augur well for its native token. The note concludes that nothing is happening on the network except “exchange transfers and a group of bagholders fabricating blockchain activity.” ‘Bagholders Fabricating Blockchain Activity’ According to K33 Research, the Cardano […]