Court Orders CBN To Freeze Account Of Polaris Bank.
On Thursday, a high court sitting in Akure, the Ondo state capital, granted a garnishee…
Posted inEconomy Fundraise NEWS Politics Regulations
Nigeria Presses For Central Bank Digital Currency eNaira Usage With The New Cash Withdrawal Limit.
Recently the Central Bank of Nigeria placed new restrictions and limits on the amount of…
Central Bank Allows Payment In Bitcoin, Other Cryptocurrencies.
The Central Bank of Namibia has announced that despite no cryptocurrency having legal tender status…
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…
Posted inNEWS
JP Morgan Becomes The First Bank To Open In The Metaverse Where You Can Transact With Crypto/NFT
J.P. Morgan has opened an "Onyx lounge" in the metaverse on Tuesday, a virtual lounge in…
GTBank Reviews International Naira Card Transactions From $100 to $200 Per Month
One of the best online banking service provider in Nigeria, GTank has now reviewed it’s…
Posted inPolitics
Standard Chartered Bank to Launch Cryptocurrency Exchange Services, Available to European Markets
Standard Chartered Bank to Launch Cryptocurrency Exchange Services, Available to European Markets Standard Chartered Plc…
Former Senator of Nigeria, Shehu Sani Bets on Crypto Replacing Traditional Banks
Shehu Sani, a former senator who represented Kaduna Central senatorial district in the National assembly…
Posted inNEWS
Kuda Bank Hits 1 Million Android App Downloads
Kuda bank is the first African digital bank Created by Nigeria, it is celebrating a…
Posted inNEWS Regulations
There are Strict Regulatory Limits on Personal Accounts for Active Crypto-Traders — Kuda Bank
Kuda has reportedly blocked active naira bank accounts over unclear regulatory terms. A crypto guy…
Posted inNEWS Regulations
Kuda Bank Debunks Claims of Shut Down!
Kuda bank has recently debunked claims of shut down circulating the internet. In a recent…
GTBank Reviews International Naira Card Transactions Up to $200 Per Month
One of the best online banking services providers in Nigeria GTBank has now reviewed it's Naira Card spending limit from $100 up to $200.
Wema Bank Nigeria Invites FinTech Innovators Including Blockchain Tech Innovators to it’s Hackathon 2.0
Wema Bank Nigeria have announced the second edition of it's Hackathon tagged Hackaholics 2.0 with $40,000 reward.
Posted inBlockchain NEWS
South Africa’s Standard Bank Taps into Contour Letter of Credit Blockchain
South Africa’s Standard Bank is moving into the Contour blockchain trade finance network via Letter of Credit Blockchain.
Posted inNEWS
How Crypto Savings Account Interest Beats the New CBN Policy on Bank Savings Account Interest.
Crypto Savings Account yields more interest now compared with Banking Savings Account interest.
Posted inNEWS
GTBank Nigeria Restricts A Bitcoin Trader Bank Account Over Unclear Cryptocurrency Related Transactions.
Just recently, GTBank Nigeria flagged withdrawal transactions coming from exchanges like Binance etc as illegal on claims of suspected fraudulent transactions.
Posted inNEWS
BVN: The Easiest Method of Identity Verification For Cryptocurrency Focused Service Providers Across Nigeria.
Bank Verification Number is your biometric identification number in the database of the Central Bank of Nigerian.
Posted inNEWS
Crypto ‘OG’ Wants Blockchain Startups to Collaborate With Banks to Grow Adoption in Nigeria.
Chemezie Chuta, the founder of Blockchain Nigeria User Group advocates for a collaboration between Nigeria…
Algorand And Banking: Benefits of Using Algorand At the Banks.
We will be looking at the benefits of adopting Algorand blockchain and its features at the banking sector around Nigeria.
Posted inFintech
Traditional Banks are Losing Customers to Digital Banks in Nigeria Following the New Stamp Duty Charge By FIRS
Digital Banks in Nigeria had recorded a new dawn following the new “Stamp Duty” fee charge on every 10,000 Naira transfer by Traditional Banks.
Posted inFintech
ATM Transactions Drops By 50% With A Corresponding Increase In Fintech Apps Downloads
The global ATM transactions had dropped by 50 percent since the outbreak of COVID-19.
Posted inBitcoin
BVN-Linked Accounts Now 41.82 million Out of the Over 99 million Adults in Nigeria
BVN-Linked accounts has now reached 41.82 million out of the over 99 million adults population in Nigeria.
Posted inNEWS
CBN Debunks the Rumors of N2000 and N5000 Naira Banknotes Making Rounds Online.
CBN debunks the rumors making rounds online on the existence of N2000 and N5000 Naira Banknotes.
Why Nigeria Banks Should Collaborate With Fintech Including Blockchain Powered Fintech to Revive the Economy.
PwC List Ways for Banks to Collaborate With Fintechs Including Blockchain Powered Fintech to Revive Nigeria Economy.
Mass Sack in Nigerian Banks; CBN Intervenes as Banks Restructure to Offer Fintech Products to Grow Revenue.
Banks like GTBank is looking to restructure into a Holdings Company to deploy Fintech products and increase the revenue of banks