Posted inGeneral News NEWS
Central Bank of Nigeria Places 7,552 On Watchlist For Fraud.
The Central Bank of Nigeria (CBN) has placed 7,552 Bank Verification Numbers (BVN) on its…
Posted inNEWS
Nigeria Sets Up 14-man National Council to Implement the 2022 Startup Act for Fintech, Crypto and Others.
The Nigerian president has inaugurated a 14-member National Council for Digital Innovation and Entrepreneurship with…
Nigeria Crypto Based Fintech Shuts Down Operations.
Nigerian crypto-based fintech, Lazerpay and Web3 startup announced on April 13 that it will cease…
Posted inNEWS
“Arrest Sabinus Now” Aggrieved Nigerians Write EFCC Over Ponzi Scheme Scam As National Assembly Passes Bill To Jail Ponzi Scheme Promoters.
Aggrieved Nigerians have sent a petition to the anti-graft agency, Economic and Financial Crimes Commission,…
Introduction to Ninja Game Guild
Game Guilds have been around for a very long time. Traditionally, they are communities of…
HRF Bitcoin Development Funds Shares $325,000 Grants To Africa Organizations, Others.
The Human Rights Foundation’s Bitcoin Development Fund has announced a new set of grants of…
Posted inCyber Security NEWS
Internet Hackers Attack Nigerian Bank, Steal N523 Million.
Suspected internet fraudsters hacked into the server of an old generation bank and stole a…
Snapshot on Africa Economic Performance By The Beginning of Q4 2022; So Far .
Nigeria As of the first quarter of 2022, Nigeria’s public debt rose to N41.6 trillion…
Peter Obi Calls For End Of CBN Fixed Exchange Rate Regime, Promise To Boost Fintech Start-ups.
Popular Nigerian presidential election candidate of the country's labour party, Peter Obi, said that the…
Nigeria Crypto Owners Make Up 27% Of Internet Users In The Country.
Latest report from web research organization, Finder.com shows that 27% of Nigerian internet users own…
Posted inEconomy Technology
Nigeria Suspends Proposed Telecom Tax.
The Federal Government has suspended the proposed excise duty on telecommunication services, the suspension was…
Nigeria In Talks With Binance To Establish Crypto Economic Zone.
Nigerian Export Processing Zone Authority authorities and global cryptocurrencies platform Binance are in talks to establish…
Central Bank of Nigeria Grants Pan African Fintech: Flutterwave Nigeria’s Highest Payment Processing License.
Flutterwave, Pan African fintech company has been granted a Switching and Processing License by the…
Nigerians Own 75% Of Crypto In Africa: Research Shows.
Research report from Triple A’s latest crypto ownership data, the African continent now has an estimated…
Nigeria To Achieve 100% Crypto Adoption Rate By 2030.
Latest research data from Merchant Machine has predicted that by 2030, Nigeria will be at…
Nigeria Records 10.9% Growth In Broadband Internet Expansion.
Latest data analysis from the Nigerian Communications Commissions (NCC), shows that Nigeria’s broadband subscriptions have…
More Money For Nigerian Bank Customers ? CBN Increases Interest Rate On Savings Account Deposits.
The Central Bank of Nigeria (CBN), earlier in the week has directed banks to increase the minimum…
Nigeria External Reserve Falls Again , Loses $337 Million in 2 Weeks. Further Naira Depreciation Likely.
Nigeria’s external reserves fell again by $337 million in the first two weeks of August,…
eNaira Hackathon: Central Bank of Nigeria, Fintech Support Org To Support Ten Start Ups.
The Central Bank of Nigeria (CBN) in collaboration with the Africa Fintech Foundry (AFF) ;…
Nigerians Has Traded Near N500 Billion In Bitcoin Despite CBN Ban
Nigerians traded N497.35bn ($1.16bn) worth of Bitcoin from the beginning of 2021 to June 2022,…
“Set Naira Free” Expert Tells CBN, Says Naira Is Overvalued By 200%.
The Managing Director of Financial Derivatives Company Limited (FDC), Bismarck Rewane in an interview earlier…
Posted inNEWS
Nigeria Fintech Access: Only 35% Have Smartphones; Expert.
The Chief Product Officer of a Nigeria fintech payment system, Brian Manuwuike, said that financial technology…
Posted inEconomy NEWS Regulations
Nigerian Banks Allegedly Engage In Fraudulent Transactions And Unauthorized Personal Data Usage.
A new investigative report has alleged that financial institutions are unabashedly engaging in fraudulent financial…
Posted inNEWS
Nigeria Is Broke! Debt Servicing Surpasses Revenue.
Nigeria first quarter financial fiscal report released by the federal on Thursday, shows that the…
Posted inNEWS
Kenya Freezes Nigeria Fintech Start-up Accounts Including Flutterwaves, Over $57 Million Money Laundering Allegations.
Kenyan Court has frozen 56 bank accounts holding a whopping Sh7 billion ($56.7 Million) suspected…