Posted inEconomy Fintech Technology Nigeria’s Fintech Sector Thrives Amid Challenges Posted by By Akachukwu Chukwuma 07/12/2024Kenya overtook Nigeria as Africa's top destination for startup funding, attracting $800 million compared to…
Posted inCrypto DeFi Economy Politics Prediction Markets Price Analysis Regulations Reviews Technology Top News WEB 3.0 Bitcoin Price Hits $100k For First Time In History Posted by By Akachukwu Chukwuma 05/12/2024Bitcoin, the most well-known cryptocurrency, reached a price of $100,000 for the first time ever…
Posted inBanking Blockchain Crypto DeFi Economy General News NEWS Technology WEB 3.0 Transforming Financial Inclusion in Africa Via Blockchain Technology Posted by By Akachukwu Chukwuma 03/12/2024Over the past decade, financial inclusion in sub-Saharan Africa has made significant progress as in…
Posted inEconomy General News NAIRA RATE NEWS Stocks December 2024 Subscription for FGN Savings Bonds Open Posted by By Akachukwu Chukwuma 02/12/2024Through the Debt Management Office (DMO), the Federal Government of Nigeria, invites individuals and institutions…
Posted inEconomy General News Regulations BRICS and Trump Debate on U.S. Dollar Dominance Posted by By Akachukwu Chukwuma 01/12/2024Formed in 2009 to challenge U.S. global dominance, BRICS expanded in 2023 with six new…
Posted inBanking Bitcoin Crypto Economy Events Regulations Hong Kong’s largest digital bank launches retail crypto trading Posted by By Akachukwu Chukwuma 26/11/2024Hong Kong’s biggest virtual bank, ZA Bank, has launched a service that lets regular people…
Posted inBitcoin Crypto Economy Events Technology Trends Bitcoin and Crypto Trading Surge in South Africa After Trump’s Election Victory Posted by By Akachukwu Chukwuma 22/11/2024Following Donald Trump’s victory in the 2024 U.S. presidential election a product of his promise…
Posted inBitcoin Blockchain Crypto Economy Events Crypto Review, Africa Posted by By Akachukwu Chukwuma 17/11/2024African cryptocurrency space is buzzing with exciting developments from Kenya to Nigeria to South Africa.…
Posted inBanking Blockchain Crypto Economy Exchange Politics Reviews COULD PRESIDENT TRUMP’S NEW PLAN REVOLUTIONIZE GOVERNANCE Posted by By Akachukwu Chukwuma 17/11/2024Donald Trump has announced an ambitious initiative to tackle government inefficiency and wasteful spending involving…
Posted inBanking Economy Technology Nigeria’s Debt-to-GDP Ratio Hits 55% in June 2024 Posted by By Akachukwu Chukwuma 16/11/2024Nigeria's debt-to-GDP ratio ramped up to 55% by June 2024, a significant jump from 42.4%…
Posted inBanking Economy Events Exchange Top News Trading Forex Market Hits Record Turnover, CBN Steps In Posted by By Akachukwu Chukwuma 09/11/2024The Central Bank of Nigeria (CBN) has intensified its efforts to stabilize the exchange rate…
Posted inCrypto Economy Events General News Regulations Top News Trends Crypto Whales Bet Big on Trump for the US Election Posted by By Akachukwu Chukwuma 06/11/2024As the United States was gearing up for the November 5 presidential election, a significant…
Posted inCrypto Economy Events Prediction Markets Price Analysis Top News Trends Amid U.S. Election Frenzy, Bitcoin Reaches New All-Time High Posted by By Akachukwu Chukwuma 06/11/2024The world’s largest cryptocurrency, Bitcoin, has reached a new all-time high of $75,000 as U.S.…
Posted inEconomy NEWS Technology Nigerian Government Launches 3M Technical Talent Program Posted by By Akachukwu Chukwuma 03/11/2024As part of the "Renewed Hope" agenda, The Nigerian government has launched a major program…
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 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 inBanking Economy NEWS New tax bills mandate finance workers to have tax id to operate bank accounts. Posted by By Eze Chichetaram 15/10/2024The federal government has proposed a new law that will require individuals in banking, insurance,…
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 inEconomy NEWS Nigeria government begins Naira-for-crude sales with dangote refinery Posted by By Eze Chichetaram 07/10/2024Wale Edun, Minister of Finance, reveals that the government has officially started selling crude oil…
Posted inCrypto Economy NEWS Stablecoins Chainalysis Report: 43% of Sub-Saharan Africa Turns to Stablecoins for Remittance Posted by By Eze Chichetaram 03/10/2024Like an inverse proportion, Nigeria and Ethiopia are suffering a decrease in the value of…
Posted inBanking Economy NEWS Zimbabwe’s Gold-Backed ZiG Faces Continued Decline Following Currency Devaluation Posted by By Eze Chichetaram 03/10/2024The Central Bank of Zimbabwe allowed their gold-backed currency, ZiG, to lose about 43% of…
Posted inEconomy NAIRA RATE NEWS Naira Gains 2.77% at the Foreign Exchange Market, Weakening at the Parallel Market— DiutoX Posted by By Akachukwu Chukwuma 02/10/2024In September 2024, the Naira showed some positive signs in the official market, but the…
Posted inBanking Economy NEWS Bank of Ghana Launches Gold Coin to Discourage Hoarding of Dollars Posted by By Eze Chichetaram 01/10/2024The Bank of Ghana has initiated and introduced a gold coin for the purpose of…
Posted inEconomy NEWS Top News The value of cashless transactions surges by 12% to N89.5T — NIBSS Posted by By Akachukwu Chukwuma 01/10/2024After a slight dip in June, the rate of electronic transactions in Nigeria bounced back,…
Posted inEconomy NEWS The MENA Region Contributes 7.5% to Global Crypto Transaction Volume Posted by By Akachukwu Chukwuma 30/09/2024Cryptocurrency is on the rise in the Middle East and North Africa (MENA), even though…