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Hackers steal $400000 of crypto-currency Hackers have stolen $400,000 (£290,000) of the virtual currency Stellar Lumen in an online attack on Saturday. The group hijacked the server that hosts BlackWallet, a web-based wallet application that stores lumens and stole 669,920 from users' accounts. Stellar Lumen is thought to be the eighth most ...
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Foreign currency shortages to persist "The biggest challenge we have seen is that of major shareholders refusing dilution hence the tendency to shy away from the equity option and opt for debt often without considering the danger that their business may not have capacity to generate foreign currency to service an international debt," the ...
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Nigeria's central bank injects $210 mln into currency market LAGOS, Jan 15 (Reuters) - Nigeria's central bank said on Monday that it had injected $210 million into the interbank foreign exchange market as part of its attempt to boost liquidity and alleviate dollar shortages. The bank said in a statement it had released $100 million earmarked for the wholesale ...
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