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Nigeria Slams Binance With $10B Fine, Accuses It Of 'Fixing The Exchange Rate'
Friday, March 1, 2024 - 11:38am | 651Read More...Nigerian officials have called for a $10 billion penalty against Binance (CRYPTO: BNB), alleging that the platform caused substantial financial losses within the country by manipulating exchange rates. What Happened: The government accuses Binance, one of the world's largest cryptocurrency...
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Not Just Oil Hampering The Nigeria ETF
Wednesday, May 18, 2016 - 4:13pm | 521Read More...Maybe oil is not hampering the Global X MSCI Nigeria ETF ( Global X Funds (NYSE: NGE) at all — not with the United States Brent Oil Fund, LP (NYSE: BNO) being up 23.8 percent year-to-date and NGE being the only exchange-traded fund dedicated to equities in Africa's largest oil-producing...
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A Possible Change Looms For A Popular Frontier ETF
Tuesday, April 12, 2016 - 1:40pm | 544Read More...There are seven single-country, exchange-traded funds dedicated to members of the Organization of Petroleum Countries (OPEC). With the exception of three ETFs tracking Indonesia, which recently rejoined OPEC, other OPEC ETFs have been drab performers. That is particularly true of the Global X MSCI...
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Nigeria Gets A Bond Index Demotion
Wednesday, September 9, 2015 - 7:13am | 459Read More...Nigeria is Africa's largest economy, but liquidity issues are hampering the country's local currency-denominated debt, prompting JPMorgan Chase & Co. to remove the country from its local-currency emerging market bond indexes. More than $200 billion tracks those benchmarks. "...
