Africa’s Crypto Market Expands as Coinbase and Bitget Make Moves
Crypto adoption is surging in Africa, with Coinbase, Bitget, and DeFi growth making headlines:South Africa:…
Posted inEconomy Exchange NAIRA RATE
Naira Falls to N1,500/$1 Amid FX Scarcity
The Nigerian naira weakened to N1,500/$1 in the parallel market on Friday, down from N1,495/$1…
Posted inEconomy Events Regulations
EFCC: Cryptocurrency Used to Fund Illegal Arms Imports in Nigeria
The Economic and Financial Crimes Commission (EFCC) has raised alarms over the use of cryptocurrency…
Tunisian Woman Faces Trial for Alleged $850K TrumpCoin Theft
A 22-year-old Tunisian woman, Maissa Jebali, is facing trial in the US for allegedly scamming…
Markets Crash: Crypto and Stocks Take Heavy Losses
Global markets are in turmoil as crypto and stocks plunge, with over $1.48 billion wiped…
Posted inEvents Fintech General News
SA Competition Commission Pushes Google, Meta to Pay Local Media
South Africa’s Competition Commission is pushing global tech firms like Google, Meta, and X to…
Posted inBlockchain Crypto Economy Technology
Africa’s Crypto Expansion: Nigeria, Guinea, and OKX’s Bold Moves.
Africa is rapidly becoming a global hotspot for cryptocurrency adoption. This past week saw Nigeria…
Posted inBlockchain Crypto DeFi Economy
South Africa’s DeFi Market Set to Grow, but Regulatory Challenges Persist
The Financial Sector Conduct Authority (FSCA) predicts that South Africa’s DeFi (Decentralized Finance) market will…
Posted inBitcoin Blockchain Crypto Economy Events
Altvest Becomes First African Public Company to Hold Bitcoin in Treasury
South African investment firm Altvest Capital has made history as the first publicly listed company…
Posted inBlockchain Crypto Exchange Regulations
Nigeria Sues Binance for $79.5 Billion Over Economic Losses and Tax Evasion
Nigeria has filed a lawsuit against Binance, demanding $79.5 billion in damages for alleged economic…
Posted inEconomy Exchange NAIRA RATE
Nigeria’s Non-Oil Revenue Soars in November 2024
Nigeria’s non-oil revenue surged to N1.90 trillion in November 2024, a 16.4% increase compared to…
Posted inBlockchain Crypto Technology WEB 3.0
Tether Partners with Guinea to Boost Blockchain and Digital Economy
Tether has partnered with Guinea to promote economic growth through blockchain and peer-to-peer (P2P) technology,…
Posted inEconomy Regulations
Nigeria’s Economy: Growth, Challenges, and Policy Updates
A recent report highlights mixed economic performance across Nigeria’s three key sectors—Industry, Services, and Agriculture.Industry…
Posted inBlockchain Crypto Economy Editor Regulations
Crypto Endorsement Gone Wrong
Argentine President Javier Milei sparked controversy by endorsing the cryptocurrency $LIBRA, claiming it would boost…
Posted inNEWS Regulations
African Crypto Platforms Face Rising Fraud and Regulatory Scrutiny
As global crypto fraud surges 48%, African platforms must prepare for stricter compliance, rising user…
Posted inBlockchain Crypto Economy NEWS
Nigeria Approves cNGN Stablecoin
Nigeria has granted regulatory approval to the Compliant NGN stablecoin (cNGN), marking a significant step…
Inflation data causes CBN to postpone 1st MPC meeting
The Central Bank of Nigeria (CBN) has postponed its first Monetary Policy Committee (MPC) meeting…
CAR Meme Coin Sparks Scam Fears After Deepfake, Website Takedown
The Central African Republic (CAR) launched its memecoin, $CAR, with President Faustin-Archange Touadéra promoting it…
Fidson Healthcare Reports N7.5 Billion Pre-Tax Profit in 2024
Fidson Healthcare PLC has published a full-year pre-tax profit of N7.5 billion, a 27.31% surge…
Posted inCrypto NEWS Regulations
Namibia Moves Forward with Crypto Regulation
The Bank of Namibia (BoN) has granted provisional approval to four entities, including Mindex Virtual…
Posted inCrypto NEWS Regulations
Morocco Strengthens Its Presence in the World of Digital Currencies
Morocco's increasing adoption of cryptocurrencies, ranking 27th globally, reflects the country's growing engagement with digital…
Posted inCrypto Cyber Security NEWS
Namibia Cracks Down on Crypto Scam
Namibia’s Prosecutor General, Martha Imalwa, has revealed details of a major online investment scam known…
Posted inCrypto NEWS Regulations
Kenya’s VASP Bill: Progress in Crypto Regulation
Kenya is advancing crypto regulation with the Virtual Asset Service Providers (VASP) Bill, aiming to…
Posted inExchange NAIRA RATE NEWS
Naira Strengthens Against Dollar in Parallel Market
The Nigerian naira appreciated the parallel market on Friday, closing at N1,610/$1, up from N1,630/$1…
Posted inEconomy
SEC warns Nigerians against investing in Risevest and Stecs
The Securities and Exchange Commission (SEC) has warned Nigerians not to invest in two organizations:…