Nigeria External Reserves hits $40.2B
The Central Bank of Nigeria (CBN) announced that the country’s external reserves have risen to…
Nigeria is considering U.S. Diaspora Bond as CBN targets $1B monthly remittance
Nigeria is considering launching a "diaspora bond" in the U.S. next year to capture some…
Posted inBanking
Nigerian equities market on bullish run as market cap hits N29B
The Nigerian stock market continued its bullish trend for the third consecutive trading day with…
Posted inBitcoin NEWS Stablecoins
‘Uptober’, Tether’s USDT reaches $120B market capitalization
According to Tether's website, which tracks updates and performance of their stablecoin, the USDT, in…
Tesla still owns $780M in Bitcoin despite recent transfers: Arkham Data
On Oct. 15, Tesla moved a large amount of Bitcoin valued at $780M, which raised…
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 inCrypto Fintech NEWS Technology
Zanzibar creates blockchain sandbox to assist tech startups
Zanzibar has established a blockchain sandbox program called the National Blockchain Sandbox, which allows startups…
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…
Posted inCrypto NEWS Regulations
South African bank restricts customers from sending funds to crypto exchanges
Capitec, a major South African retail bank, has decided to stop customers from making EFT…
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 receives nearly $100,000 from unlicensed crypto service providers
The Nigerian government received nearly $100,000 (about NGN160M) from two cryptocurrency companies: Paparaxy Global Ventures…
Posted inCrypto NEWS Stablecoins Trading
BlackRock pitches BUIDL for derivatives collateral to crypto exchanges
BlackRock, a top Bitcoin ETF issuer, has made known its plan with Securitize to integrate…
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…
Posted inCrypto NEWS Regulations
Kenya wants to monitor Crypto transactions in real-time with New Tax System
The Kenya Revenue Authority (KRA) is planning to introduce a tax system that will monitor…
Posted inBitcoin NEWS Technology
Tesla moves entire $765M Bitcoin holdings to unknown wallets
After being inactive since June 17, 2022. Tesla's Bitcoin Wallet records a sudden batch of…
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…
New tax bills mandate finance workers to have tax id to operate bank accounts.
The federal government has proposed a new law that will require individuals in banking, insurance,…
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…
Steward emerges the richest black billionaire in America at $11.4B
According to Forbes’ 2024 list of the wealthiest Americans, David Steward, founder and chairman of…
Posted inBanking NEWS Regulations
Central Bank of Kenya Lowers Interest Rate to 12%
The Central Bank of Kenya (CBK) has reduced its interest rate by 0.75%, bringing it…
