Posted inBanking NEWS Nigeria External Reserves hits $40.2B Posted by By Akachukwu Chukwuma 29/10/2024The Central Bank of Nigeria (CBN) announced that the country’s external reserves have risen to…
Posted inBlockchain DeFi NEWS Kraken plans to launch Ink blockchain for defi in early 2025 Posted by By Akachukwu Chukwuma 25/10/2024Kraken, one of the world’s oldest and largest cryptocurrency exchanges, announces plans to launch its…
Posted inCrypto NEWS Regulations Why charges against Gambaryan was dropped. Posted by By Akachukwu Chukwuma 24/10/2024A lawyer representing Nigeria's Economic and Financial Crimes Commission (EFCC) announced on Wednesday morning at…
Posted inBanking NEWS African Development Bank Secures $421M Loan from Japan Posted by By Akachukwu Chukwuma 23/10/2024In order to help the AfDB support development projects in Africa, the African Development Bank…
Posted inNEWS Regulations SIBAN reacts to clampdown on crypto dealers Posted by By Akachukwu Chukwuma 23/10/2024The Federal High Court in Abuja was informed about a plea bargain agreement made between…
Posted inCrypto NEWS Vladimir encourages BRICS member countries to adopt cryptocurrency Posted by By Akachukwu Chukwuma 22/10/2024With its Digital Currency Electronic Payment (DCEP), also known as the e-CNY, a digital version…
Posted inEconomy NEWS Dangote is now worth $27.8B following the full operation of his refinery — Bloomberg Billionaires Index Posted by By Akachukwu Chukwuma 21/10/2024Now that his long-awaited oil refinery in Nigeria is finally running, Aliko Dangote, Africa’s richest…
Posted inCrypto NEWS Regulations Nigeria plans widening the tax net to include cryptocurrency Posted by By Akachukwu Chukwuma 18/10/2024While addressing the House of Representatives Committees regarding the recent tax bills introduced by President…
Posted inCrypto NEWS Regulations South Africa Tax Agency wants crypto users to declare assets Posted by By Akachukwu Chukwuma 18/10/2024A warning has been issued to anyone holding or trading cryptocurrencies in South Africa by…
Posted inEconomy NEWS Inflation rate in Nigeria increases by 0.55% to 32.7% in a month Posted by By Akachukwu Chukwuma 16/10/2024The National Bureau of Statistics (NBS) has published data showing higher transportation costs and food…
Posted inEconomy Fundraise NEWS Startup investors are more interested in detailed performance report — Wimbart Survey Posted by By Akachukwu Chukwuma 15/10/2024The recent survey from Wimbart highlights how investors and startup founders in Africa are focusing…
Posted inCrypto Fundraise NEWS Vitalik Buterin donates another $1.6M worth of memecoins to charity Posted by By Akachukwu Chukwuma 14/10/2024Co-founder of Ethereum, Vitalik Buterin, has been converting memecoins he receives into Ethereum (ETH) and…
Posted inBanking NEWS Nigeria’s net forex inflow increases by 67% to $27.6bn Posted by By Akachukwu Chukwuma 12/10/2024The Nigeria forex inflow increased by 67.8% to $27.6B, compared to $16.44B during the same…
Posted inNEWS Regulations South Korea recognizes cryptocurrency holdings as marital assets in divorce cases Posted by By Akachukwu Chukwuma 11/10/2024Cryptocurrency and Bitcoin holdings are currently being recognized as marital assets in divorce cases, according…
Posted inNEWS Technology NCC withdraws press statement on Starlink Posted by By Akachukwu Chukwuma 10/10/2024Situations turn around as the Nigerian Communications Commission (NCC) reverses its earlier statement in which…
Posted inCrypto NEWS Prediction Markets Only 12.7% wallets on polymarket are in profit Posted by By Akachukwu Chukwuma 09/10/2024Out of 171,113 wallets tracked by the on-chain analytics tool Layerhub, only 21,730 wallets, or…
Posted inNEWS Technology Network operators fumes at NCC for allowing Starlink to hike subscription fee Posted by By Akachukwu Chukwuma 06/10/2024Last week saw the increase of Starlink’s monthly internet subscription fee in Nigeria by 97%,…
Posted inNEWS Stocks Trading Nigeria Stock Trading Volume Increases by 20% Gaining 0.47% ASI Posted by By Akachukwu Chukwuma 05/10/2024The All-Share Index (ASI) rose by 0.47%, gaining 456.12 points to reach 97,520.54 on October…
Posted inBlockchain Crypto NEWS Stablecoins TRON Network revenue grows to $577M surpassing Bitcoin and Ethereum Networks Posted by By Akachukwu Chukwuma 04/10/2024Driven by the network’s increasing stablecoin activity and efforts to tap into the growing memecoin…
Posted inBanking NEWS More than 93% of the total Naira in circulation is not in the Nigerian banks. Posted by By Akachukwu Chukwuma 04/10/2024According to the CBN, the total currency in circulation has reached N4.14 trillion, with N3.87…