Posted inEconomy
Nigeria Inflation Rate Rises To 22.41%.
Nigeria’s inflation surged to 22.41 percent in the month of May, 2023, according to a…
Posted inEconomy General News
CBN Direct Banks To Trade Naira Freely Against Dollar, Harmonizing Bank And Black Market Prices To Over N700/ Dollar.
On Wednesday, The Central Bank of Nigeria directed Deposit Money Banks to remove the rate…
Posted inEconomy
President Tinubu Suspends Nigeria Central Bank Governor.
The Nigerian President, Bola Tinubu has ordered the immediate suspension of the Central Bank of…
Posted inEconomy
Nigeria Partners With Israel To Create 1 Million Jobs Through Digital Economy.
Israeli Ambassador to Nigeria, Michael Freeman has disclosed the readiness of his country to partner…
Central Bank of Nigeria Raises Interest Rate To 18.5 Percent.
The policy-setting committee of the Central Bank of Nigeria (CBN) on Wednesday raised the monetary…
Posted inEconomy
Nigeria Forex Inflow Declined By $72 Billion.
According to data obtained from the CBN’s economic report for the fourth quarter (Q4) of…
Nigeria Proposes Plans To Regulate Crypto and Other Digital Assets Platforms.
Nigeria, is preparing new industry regulations for digital asset platforms. The Nigerian Securities and Exchange…
Regulation Of Crypto Assets Crypto In South Africa Set To Take Effect In 2025.
Directives governing tokenized deposits and crypto assets are likely to become effective on Jan. 1,…
Nigeria Launches Tech Funds Totalling $618 Million For Youth Investors.
Nigeria's Vice President Yemi Osinbajo launched the $618 million fund under the Investment in Digital…
Kenyans Put An Average of Sh 2000 in cryptocurrencies
Retail crypto traders in Kenya held cryptocurrencies worth an average of Sh2,076 ($16.08) each last…
Posted inEconomy Fintech NAIRA RATE Regulations
Naira Scarcity : Nigerians Adopt Fintech Virtual Bank As Commercial Banks Apps, USSD Breakdown.
As the end of the Naira scarcity is nowhere in sight and following the breakdown…
Nigeria Crypto Traders Lost Huge Sums As Impact Of USDC’s $3.3 Billion Trapped In The Collapsed Silicon Valley Bank Depegs the Stablecoin.
Stablecoin cryptocurrency firm Circle has $3.3 billion of its $40 billion of USD Coin deposit…
Nigeria Crypto Arbitrage Trading Rises To 62% As Cash Crunch Worsens.
Crypto demand in Nigeria keeps rising due to its great economic instability, as well as…
Posted inBlockchain Economy NEWS Trading
Bitcoin, Ethereum Drops Amid Crypto Bank, Silvergate Collapse.
Bitcoin and other major cryptocurrencies dropped, sending Bitcy below $20,000 for the first time in…
Introduction to Ninja Game Guild
Game Guilds have been around for a very long time. Traditionally, they are communities of…
Nigerian Startups Among 11 African Startups Selected For Pitch Round Of Africa Accelerator Programme.
A total of eleven startups have been selected for the next stage of the MultiChoice…
Nigeria In 5th Position Among Countries With High Interest In Crypto.
A new study from cryptocurrency betting experts cryptobetting.org showed that Nigerians have high interest in…
Posted inEconomy Regulations Technology WEB 3.0
Central Bank Plans To Add More Telecom Network On eNaira Digital Currency Platform.
The Central Bank of Nigeria (CBN) has announced that it is working to include other…
Posted inEconomy Fintech NEWS Technology
African Fintechs Record 39.3% Rise In Investment, Brings In $1.3 Billion.
Fintech sector in Nigeria, South Africa, Kenya and others was the most attractive to investors…
Posted inEconomy Fintech My Crypto Life NEWS Politics Stablecoins
Nigeria eNaira CBDC Facing Challenges, CBN Contracts US Firm To Improve The Digital Currency.
Following continuous actions to create an efficient digital currency, the Central Bank of Nigeria is…
Again! Chipper Cash Lays Off Staff, Halts Crypto-Related Services.
Chipper Cash, an African cross-border payments platform carried out a second round of staff layoff…
Posted inEconomy NEWS Regulations
South Africa’s Net Foreign Reserves Hits $54.844 Billion, As The Nation’s Currency Rand Appreciates Against Dollar.
South Africa's net foreign reserves rose to $54.844 billion in January from $53.827 billion in…
Nigerian Fintechs To Be Listed on NGX, As Advisory Panel Announced.
Nigerian Exchange Limited (NGX) has set up the NGX Digital and Technology Products Advisory Panel.…
Posted inEconomy NAIRA RATE NEWS
Crypto Market Rate Update Sunday, 5th February, 2023: Naira to USD (USDT).
Opening prices for Sunday, 5th February, 2023, updated rates on USD – USDT and other…
Posted inBitcoin Economy NEWS Regulations
Egyptian Parliament Approves Pact For North African Nation To Join BRICS Bank.
Egyptian legislators recently praised the parliament’s endorsement of a pact that allows the country to…