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
Posted inNEWS
Nigerian Naira Gains Against US Dollar After CBN Resumed Dollar Sales.
The Nigeria Naira has gained against the US Dollars following CBN's resumption on US Dollar Sales
Posted inNEWS
Banking Crisis: Nigeria Banks Looking to Increase Earnings From Fintech Following the Increase in Debt Owed by Independent Oil Producing Firms.
Nigeria Banks is looking to increase earnings following the pressure on banks' earning due to the unpaid loans owed by independent oil producing firms.
Posted inPolitics
The New Policy Set by the Central Bank of Nigeria to Support the Economy Amidst the Coronavirus Outbreak Does Not Support Digital Money
Following the increased spread of coronavirus, many countries are putting up various economic strategies to…
Posted inNEWS
The New CBN Microfinance Revised Banking License, a Threat to Fintech and Blockchain Startups in Nigeria.
The Central bank of Nigeria released new banking license for microfinance banks which is mostly…
Conventional Banks in Nigeria Loses 4.1 Million Bank Customers to Mostly Quick Loan Service Fintech Companies Including Creditcoin.
Conventional banks appear to be losing customers to financial technology companies (Fintechs). There is an…
Zenith Bank to Collaborate With Fintech Payment Platforms to Drive Financial Digital Banking in Nigeria.
Zenith Bank reportedly has started partnering with Fintech companies to drive payment solutions and other…
Posted inBlockchain
Eastern and Southern African Trade and Development Bank (TDB) Closes a $22 million Sugar Deal Utilizing Blockchain Smart Contract Technology.
Eastern and Southern African Trade and Development Bank (TDB) Closes a $22 million Sugar Deal…
Posted inBlockchain Fintech Top News
Nigeria Based Micro Lending Platform Aella Credit Secures $10 million in Funding to Launch New Blockchain Based Credit Loan Service Creditcoin.
Aella Credit, a Nigerian fintech startup raises $10 million debt financing round, from HQ Financial…
CBN Quarterly Economic Report: Currency-in-circulation (CIC) Increases by 9.9 Percent to N2.2 Trillion.
According to the quarterly economic report released by Central Bank of Nigeria (CBN) on Monday,…
Posted inFintech
Ecobank Fintech Launchs Pan-African Banking Sandbox Allowing Access to its API to Help Regulate and Develop Financial Solutions
Ecobank Group has announced that it will pilot the launch of its Pan-African Banking Sandbox…
Posted inPolitics
Nedbank, the Second Bank in South Africa to Shut Down Crypto Related Bank Accounts in South Africa.
Nedbank, one of the South Africa’s large financial institutions, has stopped allowing the opening of…
Posted inStablecoins Top News
Four Countries in Africa Looking to Create Central Bank Digital Currency to Achieve Financial Inclusion.
In a bid to achieve financial inclusion in the government, some African countries are looking…
Posted inCyber Security Top News
Central Bank of Nigeria Introduces Panic Alert to Fight Cyber Attacks in the Digital Space.
There is an increase in crypto scam and other cyber crimes in Nigeria. Lose of…
Posted inBlockchain Top News
Blockchain Is One Of The Disruptive Technologies Says Jim Ovia At The Just Concluded Zenith Tech Fair In Lagos.
The Zenith Tech Fair held in Lagos today was a big event exploring on different…
Posted inTop News
Bank Of America Bans Former CFO of PayPal from owning a bank account at its bank in America.
Bank Of America Bans Former CFO of PayPal from owning a bank account at its…
Posted inCyber Security
Hitachi Vantara To Organize Data Analytics Insight Forum For Nigeria Businesses
Hitachi Vantara will be organising a data analytics insight forum. The DATA Company hopes to…
Posted inBlockchain
eTranzact To Utilize Blockchain Technology To Improve Banking Services.
eTranzact International Plc, seeks to utilize Blockchain Technology to reduce customer cost and improve data…
Posted inBitcoin Blockchain
Central Bank Of Bahamas Is Set To Start The Development Of The Country’s First Fiat Digital Currency
The Central Bank of The Bahamas (CBOB) will move into an agreement with NZIA.io to…
Posted inTop News
Central Bank Of Egypt Set To Ban Cryptocurrency And Encrypted Currency Trading Without Legal License
Central Bank of Egypt (CBE) creates a new law banning the promotion or operation of…
Posted inBitcoin
Beware Of Fake Emails; Central Bank Of Nigeria Warns The Public.
The Deputy Governor Central Bank Of Nigeria Mr Lametek Adamu has called on the attention…
Posted inTop News
Skye Bank : Minister Of Finance Urges CBN And NDIC To Prosecute Defaulting Directors.
In a statement issued by the Head, Communication and Public Affairs of the NDIC, Mr…
Posted inNEWS
Naira Appreciates to ₦358 In The Parallel Market
The Dollar To Naira Exchange Market For Investors And Exports Appreciates. Data from FMDQ showed…
Posted inTop News
ECOWAS To Launch A Unified Currency For The Region In 2020.
From the information gathered at the ECOWAS headquarters in Abuja. Every details for the launch…
Posted inBitcoin
Can Blockchain Job Opportunities Save Nigeria’s Foreign Direct Investments Decline. From $3.5 billion — $2.2 billion.
Nigeria’s Foreign Direct Investment (FDI) fell by 36 per cent to $ 2.2 billion in…