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Episode details

World Service,08 Mar 2024,26 mins

Binance v Nigerian government

World Business Report

Available for over a year

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. (Photo: Illustration shows smartphone with displayed Binance logo. Credit: Reuters)

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