Tag: Depreciates
Naira Depreciates By 0.3% At Official Market
News Investigators/ The Naira recorded a slight loss at the official market on Wednesday, trading at N1,539.39 per dollar. Data from the Central Bank of Nigeria (CBN) showed that the Naira closed the trading session at N1,539.39 to the dollar. This represents a slight loss as the local currency traded on Tuesday at N1,534.16 per
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Infantino
President Infantino will seek re-election in March, FIFA says
Infantino, who had previously announced that he would seek a fourth term in March next year, has faced calls to resign from UEFA, the AFC and CONCACAF, after his plan to sell a 20% stake in the World Cup and other FIFA events was scrapped amid widespread backlash in July. By Reuters September 7, 2026
Russian
US trade war: What if Russian oil is excluded from markets? Envoy Alipov warns ‘world will not cope’
Russian Ambassador Denis Alipov stated that the global energy market would struggle without Russian oil and emphasised Russia's readiness to meet India's oil needs amidst sanctions. He criticised pressure tactics from other countries that hinder better deals for India. Russian envoy warns world energy market can't afford exclusion of Russian oil (Images: @AmbRus_India/X, Brian Kushner/MarineTraffic.com)
Introduces
UAE introduces new VAT rules for crypto payments
The UAE just gave crypto payments a tax rulebook. The Federal Tax Authority issued Directive on Tax Transactions No. 3 of 2026 in mid-July, laying out exactly how businesses must handle digital currency conversions when reporting Value Added Tax. The core requirement: any company receiving crypto as payment for goods or services must convert those
Chain
BNB Chain prioritizes sustainable business models over gas fee cuts
For half a decade, blockchain networks have been locked in a race to the bottom on gas fees. BNB Chain just stepped off the track. Nina Rong, BNB Chain’s Growth Director, said on September 6 that the network’s priority is no longer reducing transaction costs. Instead, she argued the industry needs to build sustainable business
price
DASH Price Eyes $500 Rally as Activity Surges and Financial Integration Expands
The DASH price is gaining bullish momentum as buyers strengthen their control and market activity accelerates. Technical indicators support the recovery, although elevated momentum could bring short-term consolidation. Growing network utility and financial integration further strengthen the cryptocurrency’s broader outlook. At the time of writing, DASH is trading at $66.84 with a 24-hour trading volume

