Posted inEconomy NAIRA RATE NEWS
CBN To Release New Redenominated / Redesigned Naira Notes
The Central Bank of Nigeria is set to release new naira of the N200, N500…
CBN Gives Go Ahead To Dollar Sales By Payment Service Banks.
The Central Bank of Nigeria (CBN) has published guidelines for the supervision of payment service…
Posted inEconomy Fintech Technology
Fintech Is The Leading Driver In Nigeria Start-up Ecosystem, Research Reveals.
Fintech is the leading sub-sector of the Nigerian startup space, both in terms of levels…
Nigeria To Convert It’s N20 Trillion Central Bank Loan Into Bond
The Nigerian government is to restructure its record N20 trillion debt to the central bank…
Posted inEconomy NEWS Regulations
Nigeria’s President Signs Startup Bill Into Law.
President Muhammadu Buhari has signed the Nigeria Startup Bill into law, the Minister of Communications…
Posted inEconomy NEWS Regulations
Crypto Classified As Financial Product, In South Africa’s Latest Adoption Move.
All Crypto assets henceforth will be identified as financial products in South Africa, to make…
Six African Start-ups Made Finals In Ecobank Fintech Challenge.
Six African fintech companies have been announced as finalists of this year’s Ecobank Fintech Challenge,…
Ghana Cedi Falls Like Luna and Worst Performing Currency Against USD
The Ghanaian cedi incessant falls, has made it to become the worst performing currency in…
Posted inEconomy Regulations
Bitcoins Worth N40 Million Forfeited To Nigerian Govt.
Today, a Federal High Court sitting in Lagos on Friday ordered the final forfeiture of…
Naira Falls Against All Forex Markets For The First Time.
The Nigeria currency naira depreciated across all foreign currencies in the forex market, the worst…
Egyptian Banks Reduce Withdrawal Limit For Travelers Over Scarce Dollars.
Egyptian banks recently tightened limits on foreign currency withdrawals from local currency accounts as they…
African Start-ups Funding For Half Of 2022 Doubles To $4 Billion.
Funding for African startups is on track to hit a record this year despite a…
Posted inEconomy Fintech NEWS Regulations
Ghana Crypto and Fintech Regulatory Sandbox Set To Provide Solution For Crypto Businesses In The Country.
The Bank of Ghana has launched a Regulatory and Innovation Sandbox that could be the…
Posted inEconomy NEWS Regulations
EU MiCA Laws Set To Checkmate Volatile Crypto Ecosystem and Protect Investors; A Call For African To Set Up Harmonized Regulatory Laws.
The European Union’s Markets in Crypto Assets Regulation (MiCA) a twenty seven (27) nation organization…
Peter Obi Promises To Remove Import Forex Restrictions And End Double Forex Market Rate.
The leading presidential candidate in Nigeria's forthcoming 2023 presidential election, Labour Party's Peter Obi has…
Nigeria Executes First Pan African Payment and Settlement System Transaction In Africa.
Nigeria becomes the first country in Africa to record the first successful transaction through the…
Central Bank Allows Payment In Bitcoin, Other Cryptocurrencies.
The Central Bank of Namibia has announced that despite no cryptocurrency having legal tender status…
Six African Fintech Start-ups Made The Top Global Promising Fintechs 2022.
Market intelligence platform, CB Insights has unveiled the winners of the fifth annual Fintech 250…
Nigeria Central Bank Proposes 25 Billion Naira Capital Base For Deposit-Taking Fintechs.
Central Bank Nigeria governor, Godwin Emefiele has proposed a 25 Billion naira capital base for…
Namibian Uranium to be Backed by NFT on the Blockchain.
The first decentralized blockchain integrated with and operated by a network of regulated bank and…
North Africa and Middle East Ranks Top In Fastest Growing Crypto Market in The World.
A new report from Chainalysis shows that the crypto market in the Middle East and…
Kenya’s Central Bank Says Forex Reserves Are Adequate, In Response To VP’s Claim of Inadequacy.
The central bank of Kenya has refuted remarks made by the country’s deputy president Rigathi…
CBN Plans To Increase Fintech Capital Base Above N 2 Billion.
The Central Bank of Nigeria (CBN) is making plans to raise the capital base for…
Forex Scarcity Faulted As Naira Hit All Time Low Against Dollar.
Nigerian currency recently lost further ground against the US dollar after the naira’s parallel market…
Kenya’s Central Bank Increases Key Interest Rate To Curb Inflation.
Kenya central bank monetary policy committee in the past week announced an increase to the…