Bank of Ghana Launches Gold Coin to Discourage Hoarding of Dollars
The Bank of Ghana has initiated and introduced a gold coin for the purpose of…
Bitcoin social sentiments are still bullish with more than 1.8M bullish posts.
Crypto analytics platform, Santiment, stated that there are about twice the size of optimistic (bullish)…
Posted inBlockchain NEWS Technology
Nigeria announces plans to develop an indigenous blockchain network named Nigerium
NITDA, National Information Technology Development Agency, has declared the intentions of the Nigerian government to…
Posted inBlockchain Economy NEWS Technology
Morocco Turns to AI, Distributed Ledger Technology to Achieve the Digital 2030 Strategy Goal
Morocco finally unveiled its “Digital 2030” strategy on the 25th of September. The strategy was…
Posted inCrypto NEWS Stablecoins
Ethena Labs launches new UStb stablecoin backed by BlackRock’s BUIDL
On Thursday, the 26th, Ethena Labs, developer of the decentralized stablecoin protocol Ethena, revealed that…
CBN to Launch eNaira Version 2.0 Focusing on Money Deposit Banks
Following the just-released document on Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for Fiscal…
Governance Concerns Trigger Sell-Off in Nigerian Bonds Despite Strong Yields
According to the Second-Quarter 2024 Report of the National Pension Commission (PenCom), Nigerian bonds faced…
Posted inBitcoin Crypto ETF NEWS
US SEC Approves Trading Options for BlackRock’s Spot Bitcoin ETF
The United States Securities and Exchange Commission (SEC) gave Nasdaq the go-ahead to list and…
Top Nigerian Banks with the Lowest Lending Rates
For the manufacturing industry to thrive effectively, they rely on aid from financial institutions. Loan…
Posted inCrypto NEWS Technology
Solana Labs plans to launch a new phone dubbed ‘Seeker’ with rewards
Revealed on Thursday, at the Token 2049 conference, Solana Lab’s phone designing subsidiary would be…
Posted inCyber Security Exchange NEWS
Chelsea FC Sponsor BingX Tries to Hide $52M Hack Under Wallet Maintenance
BingX, a Singapore-based cryptocurrency exchange, has acknowledged the security breach that resulted in users’ asset…
Posted inCrypto Regulations
Binance Sets Conditions Before Registering Under the Nigeria SEC
With regards to the Securities Exchange Commission’s special framework program for onboarding Virtual Assets Service…
Posted inEconomy NEWS Stablecoins
New Report: Nigeria and Others Top in CBDC Global Adoption
About 134 countries, constituting 98% of the representing 98% of global GDP, are currently exploring…
Posted inEconomy NAIRA RATE NEWS Stocks
Naira Rates: Nigeria Foreign Reserve Hits $36.87B Following the Sale of Domestic Dollar Bond
Nigeria’s foreign exchange (FX) reserves increased by $621.2M in 10 days following the recent sale…
ECOWAS Suspends Single Currency Plans Sighting Political Challenges
After years of planning and setbacks, the Economic Community of West African States (ECOWAS) has…
MicroStrategy Increases Total Bitcoin Holdings to 244,800
Business Intelligence and Software company, MicroStrategy, publicly declared that it has purchased roughly 18,300 Bitcoin—BTC…
Posted inCrypto NEWS Regulations
Around $670,000 Freezed by Nigerian Regulator Over Unregulated Crypto P2P Trades
The Nigerian regulator has reportedly freezed N548.6M (about $670,000), supposedly in the account of users…
Chainalysis Report: Nigeria and India Leads in Global Crypto Adoption
India, Nigeria, and Indonesia top the report released from the highly anticipated 2024 Geography of…
Posted inCrypto NEWS Regulations
BoG: The Draft Guidelines For Crypto Regulation in Ghana
The Central Bank of Ghana—BoG recently released draft rules for crypto regulations in Ghana to…
Fidelity and MasterCard Partners to Launch Fidelity Send
Fidelity Bank Plc, a prominent bank in Nigeria, and Mastercard have teamed up to introduce…