Posted inFintech NEWS Court Orders CBN To Freeze Account Of Polaris Bank. Posted by By Ekenedilichukwu 14/01/2023On 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. Posted by By Ekenedilichukwu 10/12/2022Recently the Central Bank of Nigeria placed new restrictions and limits on the amount of…
Posted inBitcoin Economy Central Bank Allows Payment In Bitcoin, Other Cryptocurrencies. Posted by By Ekenedilichukwu 07/10/2022The Central Bank of Namibia has announced that despite no cryptocurrency having legal tender status…
Posted inEconomy Fintech NEWS Kenya’s Central Bank Says Forex Reserves Are Adequate, In Response To VP’s Claim of Inadequacy. Posted by By Tony Chimdiuto 04/10/2022The 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 Posted by By Ekenedilichukwu 16/02/2022J.P. Morgan has opened an "Onyx lounge" in the metaverse on Tuesday, a virtual lounge in…
Posted inFintech NEWS GTBank Reviews International Naira Card Transactions From $100 to $200 Per Month Posted by By Tony Chimdiuto 13/11/2021One 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 Posted by By Tony Chimdiuto 04/06/2021Standard Chartered Bank to Launch Cryptocurrency Exchange Services, Available to European Markets Standard Chartered Plc…
Posted inNEWS Politics Former Senator of Nigeria, Shehu Sani Bets on Crypto Replacing Traditional Banks Posted by By Queen Helen 25/02/2021Shehu Sani, a former senator who represented Kaduna Central senatorial district in the National assembly…
Posted inNEWS Kuda Bank Hits 1 Million Android App Downloads Posted by By Queen Helen 25/02/2021Kuda 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 Posted by By Tony Chimdiuto 02/02/2021Kuda has reportedly blocked active naira bank accounts over unclear regulatory terms. A crypto guy…
Posted inNEWS Regulations Kuda Bank Debunks Claims of Shut Down! Posted by By Tony Chimdiuto 01/02/2021Kuda bank has recently debunked claims of shut down circulating the internet. In a recent…
Posted inFintech NEWS GTBank Reviews International Naira Card Transactions Up to $200 Per Month Posted by By Tony Chimdiuto 08/10/2020One of the best online banking services providers in Nigeria GTBank has now reviewed it's Naira Card spending limit from $100 up to $200.
Posted inFundraise NEWS Wema Bank Nigeria Invites FinTech Innovators Including Blockchain Tech Innovators to it’s Hackathon 2.0 Posted by By Tony Chimdiuto 03/10/2020Wema 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 Posted by By Tony Chimdiuto 24/09/2020South 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. Posted by By Tony Chimdiuto 05/09/2020Crypto 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. Posted by By Tony Chimdiuto 04/09/2020Just 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. Posted by By Tony Chimdiuto 28/08/2020Bank 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. Posted by By Tony Chimdiuto 15/07/2020Chemezie Chuta, the founder of Blockchain Nigeria User Group advocates for a collaboration between Nigeria…
Posted inFeatures Sponsored Algorand And Banking: Benefits of Using Algorand At the Banks. Posted by By DiutoCoinNews Partners 29/06/2020We 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 Posted by By Tony Chimdiuto 28/06/2020Digital Banks in Nigeria had recorded a new dawn following the new “Stamp Duty” fee charge on every 10,000 Naira transfer by Traditional Banks.