Tag: Currency

EIU Report: More African Countries to Experience Currency Depreciation in 2024

by Harry Choms

November 14, 2023

In its latest report for 2024, The Economist Intelligence Unit (EIU) has forecasted that numerous African countries, including major economies like Nigeria, will continue to witness currency depreciation. The report ...

Why Bitcoin lost more than $1k in less than one day, causing 58,468 investors to lose $159 million

by Harry Choms

February 26, 2023

The bullish momentum that saw Bitcoin reach a high of $25,000 in 2023 appears to have subsided. According to Nairametrics, 58,468 investors liquidated their positions during the trading session, resulting ...