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Home > World Business Report > Binance vs Nigerian government
Podcast: World Business Report
Episode:

Binance vs Nigerian government
Category: Business
Duration: 00:27:19
Publish Date: 2024-03-08 16:02:00
Description:

Nigeria has been wrangling with the crypto-exchange Binance and recently stopped all transactions using local currency. The move comes after a tumultuous two weeks for the exchange in Nigeria where government officials blamed Binance for facilitating currency speculation and foreign exchange manipulation.

The soaring exchange rates have worsened the cost of living for Nigerians.

Also, in the programme, the presenter Will Bain finds out what the spike in violence might mean for foreign investment in Haiti and he hears from Sophie Williams, the author of a new book called The Glass Cliff.
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