Thursday , March 28 2024

International

International News

Nigeria orders cryptocurrency firm to pay $10bn

03-03-2024 ABUJA: The Nigerian government says it has demanded almost $10bn (£8bn) in compensation from the cryptocurrency firm, Binance. It says Binance manipulated foreign exchange rates through currency speculation and rate-fixing, which have seen the naira lose nearly 70% of its value in recent months. Two Binance executives were arrested …

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‘India Q3 GDP data may overstate growth trends’

02-03-2024 Bureau Report + Agencies MUMBAI: India’s third-quarter gross domestic product (GDP), which rose by a stronger-than-expected 8.4% compared to a year ago, may be overstating growth, economists said, pointing to a more modest increase in gross value added in the economy. Alongside GDP, the government’s statistical office releases data …

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