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Dollar Crashes Against Naira On Binance As Cardoso Warning Rattles Crypto Trader - Business - Nairaland

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Dollar Crashes Against Naira On Binance As Cardoso Warning Rattles Crypto Trader by Busy76: 1:08pm On Feb 28

https://www.youtube.com/watch?v=t-iGcsdq3gM

The United States dollar crashed against the naira at the cryptocurrency peer-to-peer market platform Binance, according to trade information seen by Nairametrics.

As of 8 am on Wednesday, the dollar traded for as high as N1,415/$1 from as low as N1606/$1 within 24 hours. At the time of writing this story, the exchange rate was trading at N1,458/$1.

Some traders also quoted above N1500/$1 as trading ramped up.

Cardoso Statement
At the MPC meeting media briefing held on Tuesday CBN Governor, Olayemi Cardoso, the apex bank governor pointed out the activities of cryptocurrency traders as one they were addressing.

Re: Dollar Crashes Against Naira On Binance As Cardoso Warning Rattles Crypto Trader by writetopoker: 1:22pm On Feb 28
Nigeria government should cover their face on shame that common Binance traders are able to determine the price of naira/dollar of a sovereign country like Nigeria.

Mad people

If Nigeria government should completely abolish black market selling of dollar what will happen?
Re: Dollar Crashes Against Naira On Binance As Cardoso Warning Rattles Crypto Trader by DevilsEqual(m): 2:16pm On Feb 28
writetopoker:
Nigeria government should cover their face on shame that common Finance trader are able to determine the price of naira/dollar of a sovereign country like Nigeria.

Mad people

If Nigeria government should completely abolish black market selling of dollar what will happen?

Its about how u program your mind
If negative energy is what u gravitate towards, u will keep seeing negativity in all news and situation, but If positive energy resides in you, you will always see positivity in every situation and thats the best way to live life, as agreed by psychologists, religious fanatics, philosophers and even scientists


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3 Likes

Re: Dollar Crashes Against Naira On Binance As Cardoso Warning Rattles Crypto Trader by KingDash09(m): 3:10pm On Feb 28
This cardaso main looking at him you go know say na thief
Re: Dollar Crashes Against Naira On Binance As Cardoso Warning Rattles Crypto Trader by Lifemanage: 6:13pm On Feb 28
I think he is getting it right now

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