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NGN RATE
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Nigeria’s Crypto Tax Bill: All Transactions, Airdrops, Bounties to Be Taxed Under Draft Law
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AIRDROP: Free $30 FIO of Binance Gift Card
01/02/2024
Posted inBanking Economy Exchange NAIRA RATE Nigeria

Naira Falls to N1,398 per Dollar as FX Liquidity Pressures Persist in Nigeria

Posted by By Akachukwu Chukwuma 08/03/2026
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Posted inAfrica Economy Events NAIRA RATE Nigeria

US–Iran Conflict: Global Oil Shock and What It Means for Nigeria’s Economy

Posted by By Akachukwu Chukwuma 01/03/2026
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Come And Learn What is Halving at ‘The Halving’ Webinar Conference 2020
Posted inPress Release

Come And Learn What is Halving at ‘The Halving’ Webinar Conference 2020

Posted by By Tony Chimdiuto 07/05/2020
Join us on May 14 - 16 to learn what is Halving at ‘The Halving’ Webinar Conference 2020.
Read More
Luno Records an Increase in User Signups Ahead of Bitcoin Halving.
Posted inPolitics

Luno Records an Increase in User Signups Ahead of Bitcoin Halving.

Posted by By Tony Chimdiuto 06/05/2020
Today, Luno records a new increase in signups following a drop in system performance limiting users from processing some needed trading operations within the system.
Read More
10 Ethereum Addresses Hold 17% of the Total Supply of Ethereum in Circulation.
Posted inPolitics

10 Ethereum Addresses Hold 17% of the Total Supply of Ethereum in Circulation.

Posted by By Tony Chimdiuto 06/05/2020
Only 10 Ethereum Addresses Hold 17% of the Total Supply of Ethereum in Circulation.
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Sub-Saharan Africa P2P Bitcoin Weekly Trades Hits a New Record of $10M USD Trading Volume.
Posted inBitcoin NEWS

Sub-Saharan Africa P2P Bitcoin Weekly Trades Hits a New Record of $10M USD Trading Volume.

Posted by By Tony Chimdiuto 05/05/2020
The new set records can be seen by evaluating the transaction volumes on LocalBitcoins and Paxful P2P bitcoin trading platforms.
Read More
Africa’s No 1 Cryptocurrency Trader Challenges Promoters of Ethereum Million Money to a Debate.
Posted inBitcoin NEWS

Africa’s No 1 Cryptocurrency Trader Challenges Promoters of Ethereum Million Money to a Debate.

Posted by By Tony Chimdiuto 05/05/2020
Gaius Chibueze is the No 1 Cryptocurrency Trader in Africa. Ranked one of the world's best traders on Binance in 2019. Gaius Chibueze has challenged promoters of Ethereum Million Money to a debate.
Read More
Mass Sack in Nigerian Banks; CBN Intervenes as Banks Restructure to Offer Fintech Products to Grow Revenue.
Posted inFintech NEWS

Mass Sack in Nigerian Banks; CBN Intervenes as Banks Restructure to Offer Fintech Products to Grow Revenue.

Posted by By Tony Chimdiuto 04/05/2020
Banks like GTBank is looking to restructure into a Holdings Company to deploy Fintech products and increase the revenue of banks
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Dash Partners With AnkerPay, South African Cryptocurrency ATM and PoS Provider, to Grow the Ecosystem in Sub Saharan Africa.
Posted inSponsored

Dash Partners With AnkerPay, South African Cryptocurrency ATM and PoS Provider, to Grow the Ecosystem in Sub Saharan Africa.

Posted by By Tony Chimdiuto 04/05/2020
Dash Partners With AnkerPay, South African Cryptocurrency ATM and PoS Provider, to Grow Ecosystem in Sub Saharan Africa.
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The Implementation of African Continental Free Trade Area Agreement Postponed Due to COVID-19.
Posted inNEWS

The Implementation of African Continental Free Trade Area Agreement Postponed Due to COVID-19.

Posted by By Tony Chimdiuto 03/05/2020
The implementation of the African Continental Free Trade Area (AfCFTA) agreement will no longer start on July 1st  this year because of the disruptions caused by the novel coronavirus (COVID-19) global pandemic.
Read More
CoinMarketCap Report Ranks Africa as the Second-Fastest Growing in Youth Crypto Adoption With Nigeria Leading the Crypto Adoption in Africa. 
Posted inNEWS

CoinMarketCap Report Ranks Africa as the Second-Fastest Growing in Youth Crypto Adoption With Nigeria Leading the Crypto Adoption in Africa. 

Posted by By Tony Chimdiuto 03/05/2020
Coinmarket Report released its Q1, 2020 reports and ranks Africa as the Second-Fastest Growing in Youth Crypto Adoption with Nigeria leading the crypto adoption in Africa. 
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Nigerian Naira Gains Against US Dollar After CBN Resumed Dollar Sales.
Posted inNEWS

Nigerian Naira Gains Against US Dollar After CBN Resumed Dollar Sales.

Posted by By Tony Chimdiuto 02/05/2020
The Nigeria Naira has gained against the US Dollars following CBN's resumption on US Dollar Sales
Read More
Popular African Cryptocurrency Exchange, Luno Will Add Litecoin in May.
Posted inNEWS

Popular African Cryptocurrency Exchange, Luno Will Add Litecoin in May.

Posted by By Tony Chimdiuto 02/05/2020
Following the announcement from the Luno Exchange blog, the Africa's unicorn cryptocurrency exchange will be supporting litecoin market for buying and selling in May.
Read More
What Would Happen If Aliko Dangote Buys Into the Ethereum (ETH) in Circulation?
Posted inNEWS

What Would Happen If Aliko Dangote Buys Into the Ethereum (ETH) in Circulation?

Posted by By Tony Chimdiuto 02/05/2020
Holding a net worth of about $10.1billion, Aliko Dangote might theoretically be able to buy a huge percentage stake of all the (ETH) in circulation.
Read More
IMF Persuades Nigeria to Speed Up Naira Exchange Rate Unification.
Posted inNEWS

IMF Persuades Nigeria to Speed Up Naira Exchange Rate Unification.

Posted by By Tony Chimdiuto 02/05/2020
The International Monetary Fund (IMF), on Tuesday, April 28, 2020, approved the sum of $3.4 billion, as emergency financial support for Nigeria, as a result of the adverse effects of COVID-19. 
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Tatcoin Presale Update: You Can Now Buy Tatcoin on Abitnetwork With Only 9,125 Naira.
Posted inNEWS

Tatcoin Presale Update: You Can Now Buy Tatcoin on Abitnetwork With Only 9,125 Naira.

Posted by By Tony Chimdiuto 01/05/2020
Following the end of the Tatcoin presale on April 30, 2020. The presale target was…
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Deepening Financial Inclusion With Affordable Fintech Powered Blockchain PSBs in Nigeria 
Posted inFeatures NEWS

Deepening Financial Inclusion With Affordable Fintech Powered Blockchain PSBs in Nigeria 

Posted by By Tony Chimdiuto 30/04/2020
According to a new report released by Enhancing Financial Innovation and Access (EFInA), more Nigerians are embracing financial services, with positive impact on lending and the economy.
Read More
The US Unicorn Crypto Exchange, Coinbase Goes Offline Following the Increase in the Price of  Bitcoin.
Posted inNEWS

The US Unicorn Crypto Exchange, Coinbase Goes Offline Following the Increase in the Price of Bitcoin.

Posted by By Tony Chimdiuto 29/04/2020
It appears that Coinbase goes down usually during high market uptrends, especially with bitcoin. In June 2019, Coinbase's site and API went down during a nearly $2,000 fall over a 15-minute period. 
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Blockchain Will Help Nigeria to Achieve Financial Inclusion Through Mobile Money Services.
Posted inFeatures NEWS

Blockchain Will Help Nigeria to Achieve Financial Inclusion Through Mobile Money Services.

Posted by By Tony Chimdiuto 28/04/2020
Coming to Nigeria, the story is not the same. The first mobile money service in Nigeria dates back to 2009. Since then, a dozen new mobile money service providers have emerged with Paga currently, topping the list. 
Read More
Introducing Binance Pool: A New Way of Staking and Mining Bitcoin Using Your Binance Account
Posted inBitcoin NEWS

Introducing Binance Pool: A New Way of Staking and Mining Bitcoin Using Your Binance Account

Posted by By Tony Chimdiuto 27/04/2020
Binance Pool opens services today. Binance Pool is launching with a bitcoin mining solution plus a special offer of zero-fee starting rate for Bitcoin miners for the first month.
Read More
South Africa Post Office (Sapo) Plans to Rollout 10,000 Cashless ATMs Until the Next Four Months.
Posted inNEWS

South Africa Post Office (Sapo) Plans to Rollout 10,000 Cashless ATMs Until the Next Four Months.

Posted by By Tony Chimdiuto 27/04/2020
With the current wave of new means to access funds, and the steady enforcement on cashless policies. The South African Post Office announced plans to rollout cashless ATMs in four months time.
Read More
Following the Increase in Ethereum Powered Ponzi Schemes, Nigeria Leads the Google Search Trends Data for the Word Ethereum in Africa.
Posted inNEWS

Following the Increase in Ethereum Powered Ponzi Schemes, Nigeria Leads the Google Search Trends Data for the Word Ethereum in Africa.

Posted by By Tony Chimdiuto 26/04/2020
According to the global most recent data from Google Trends Search for the word ‘Ethereum’, in 2020. Nigeria ranks third in the global ranking and first in Africa. 
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Banking Crisis: Nigeria Banks Looking to Increase Earnings From Fintech Following the Increase in Debt Owed by Independent Oil Producing Firms.
Posted inNEWS

Banking Crisis: Nigeria Banks Looking to Increase Earnings From Fintech Following the Increase in Debt Owed by Independent Oil Producing Firms.

Posted by By Tony Chimdiuto 26/04/2020
Nigeria Banks is looking to increase earnings following the pressure on banks' earning due to the unpaid loans owed by independent oil producing firms.
Read More
UEMOA Plans to Issue $1.4Billion Coronavirus Bond
Posted inNEWS

UEMOA Plans to Issue $1.4Billion Coronavirus Bond

Posted by By Tony Chimdiuto 26/04/2020
According to reports, the members of the West African monetary union UEMOA have plans to raise 846 billion CFA francs ($1.40 billion).
Read More
Crypto Friendly Economist, Prof Charles Soludo on How Nigeria and Africa Can Save the Economy During COVID-19
Posted inNEWS

Crypto Friendly Economist, Prof Charles Soludo on How Nigeria and Africa Can Save the Economy During COVID-19

Posted by By Tony Chimdiuto 25/04/2020
“We should think African but act locally and opportunistically to survive and prosper, and exploit the global opportunities offered by the crises.” — Dr. Charles Chukwuma Soludo
Read More
Paylot, African’s Focused Crypto Payment Gateway Service Provider Integrates BNB and BUSD for Merchants.
Posted inNEWS Sponsored

Paylot, African’s Focused Crypto Payment Gateway Service Provider Integrates BNB and BUSD for Merchants.

Posted by By Tony Chimdiuto 24/04/2020
Paylot, African's Focused Crypto Payment Gateway Service Provider Integrates BNB and BUSD for Merchants.
Read More
World Bank: Remittance to Nigeria and Other Low and Middle-income Countries to Drop by 19.7 Percent. 
Posted inNEWS

World Bank: Remittance to Nigeria and Other Low and Middle-income Countries to Drop by 19.7 Percent. 

Posted by By Tony Chimdiuto 24/04/2020
World Bank projects the remittances to Nigeria, Egypt, Senegal and other Low and Middle-income Countries (LMICs) to drop sharply by 19.7% to $445 billion in 2020. 
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Posted inBanking Economy Regulations
CBN Treasury Bills Auction Oversubscribed by 227% as Investors Pour N2.78 Trillion Into One-Year Securities
Posted by By Akachukwu Chukwuma 13/03/2026
Posted inAfrica Economy Events
Ghana Moves Ahead With Sliding Gold Royalty Regime Despite Pressure From U.S., China
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Posted inBanking Events Exchange
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