Nigeria External Reserves hits $40.2B
The 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
Kraken, 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.
A lawyer representing Nigeria's Economic and Financial Crimes Commission (EFCC) announced on Wednesday morning at…
African Development Bank Secures $421M Loan from Japan
In order to help the AfDB support development projects in Africa, the African Development Bank…
Posted inNEWS Regulations
SIBAN reacts to clampdown on crypto dealers
The Federal High Court in Abuja was informed about a plea bargain agreement made between…
Vladimir encourages BRICS member countries to adopt cryptocurrency
With its Digital Currency Electronic Payment (DCEP), also known as the e-CNY, a digital version…
Dangote is now worth $27.8B following the full operation of his refinery — Bloomberg Billionaires Index
Now 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
While 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
A warning has been issued to anyone holding or trading cryptocurrencies in South Africa by…
Inflation rate in Nigeria increases by 0.55% to 32.7% in a month
The National Bureau of Statistics (NBS) has published data showing higher transportation costs and food…
Startup investors are more interested in detailed performance report — Wimbart Survey
The recent survey from Wimbart highlights how investors and startup founders in Africa are focusing…
Vitalik Buterin donates another $1.6M worth of memecoins to charity
Co-founder of Ethereum, Vitalik Buterin, has been converting memecoins he receives into Ethereum (ETH) and…
Nigeria’s net forex inflow increases by 67% to $27.6bn
The 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
Cryptocurrency and Bitcoin holdings are currently being recognized as marital assets in divorce cases, according…
Posted inNEWS Technology
NCC withdraws press statement on Starlink
Situations 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
Out 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
Last week saw the increase of Starlink’s monthly internet subscription fee in Nigeria by 97%,…
Nigeria Stock Trading Volume Increases by 20% Gaining 0.47% ASI
The 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
Driven by the network’s increasing stablecoin activity and efforts to tap into the growing memecoin…
More than 93% of the total Naira in circulation is not in the Nigerian banks.
According to the CBN, the total currency in circulation has reached N4.14 trillion, with N3.87…
Posted inEconomy NAIRA RATE NEWS
Naira Gains 2.77% at the Foreign Exchange Market, Weakening at the Parallel Market— DiutoX
In September 2024, the Naira showed some positive signs in the official market, but the…
The value of cashless transactions surges by 12% to N89.5T — NIBSS
After a slight dip in June, the rate of electronic transactions in Nigeria bounced back,…
The MENA Region Contributes 7.5% to Global Crypto Transaction Volume
Cryptocurrency is on the rise in the Middle East and North Africa (MENA), even though…
Central Bank of Ghana Cuts Interest Rate by 200 Base Points
From 29% to 27%, the Central Bank of Ghana has reduced its key interest rate…
Posted inBlockchain Cyber Security NEWS
$2.1B Lost to Cryptocurrency Hacks in 2024
The cryptocurrency space has long been vulnerable to hacks and scams, but in 2024, losses…