Crypto Start-ups, FinTechs Face Crisis, CBN Raises Interest Rate To 15.5%
In consideration of the galloping global and local inflationary levels, the Monetary Policy Committee of…
Flutterwave Adds eNaira As Payment Option.
Flutterwave, an African payment solutions company, has announced the addition of the eNaira as a…
JUST IN: Naira Touches N700 to a Dollar at Crypto P2P Market
Naira touches N700 to a dollar today on the crypto p2p market after touching an…
Link For Entry/ Application To Participate In CBN eNaira Hackathon, Entries Closes On July 21, 2022.
Central Bank of Nigeria is calling on interested tech enthusiasts to submit entries for the…
Posted inNEWS
Just In: Zenith Bank Reportedly Closing Crypto Related Bank Accounts
Unconfirmed reports circulating at moment has it that Zenith Bank is freezing accounts of crypto…
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Naira Falls at Official and Black Market Amidst Festive Season Inflations.
As the most festive time of the peaks, Naira exchange rate as at 22 December…
Posted inNEWS
CBN Agents May Be Trading on Popular P2P Platforms To Trap Crypto Traders, Sources Allege.
As CBN clamp down on cryptocurrency traders intensifies, feelers emerging from the apex bank has…
Posted inNEWS
There Is No Law Against Crypto In Nigeria: Court Rules. Unfreezes CBN Blocked Accounts Over Crypto Trading.
CBN Circular is Not Law. A Federal High Court sitting in Abuja has vacated an…
Posted inNEWS
Central Bank Of Nigeria Shutdown Abokifx.com Accounts Over Forex Speculation.
Central Bank of Nigeria CBN, today closed all operating accounts belonging to online forex rate…
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Central Bank Of Nigeria to Launch E-Wallet, Nigerian Banks, Others To Follow Soon.
The Central Bank of Nigeria announced that eNaira cryptocurrency will launch on a digital wallet…
Posted inNEWS Regulations
CBN Crypto Regulations: A Crypto Trader Claims GTBank Threatened to Arrest him.
Crypto Trader on Twitter claims that Guarantee Trust Bank has threatened to arrest him after…
Posted inNEWS Regulations
We have engaged with the CBN and agreed to work together to further analyze Crypto securities Says SEC Nigeria
SEC PRESS RELEASE: “We have engaged with the CBN and agreed to work together to…
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Mastercard Launches Testing Platform for Central Bank Digital Currencies.
Mastercard has launched a central bank digital currency testing platform for Central Banks to enable them conduct pilot tests for Central Bank Digital Currencies.
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 inFintech
CBN Releases Draft Framework for Regulatory Sandbox Operations on Emerging Technologies in the Payments Space.
CBN has released a new Draft Framework for Regulatory Sandbox Operations focused on emerging technologies in the payments space.
Bitcoin Stands Out as the Best Investment Against Nigeria Naira Over 50 Years Ago.
Bitcoin still stands out as the best investment of all time against the Nigerian Naira for over 50 years ago. The outstanding performance of the world's biggest cryptocurrency over the years sets it apart from other world’s fiat currencies including Nigeria Naira.
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.
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
IMF Persuades Nigeria to Speed Up Naira Exchange Rate Unification.
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.