Posted inEconomy NAIRA RATE NEWS Stocks
Naira Rates: Nigeria Foreign Reserve Hits $36.87B Following the Sale of Domestic Dollar Bond
Nigeria’s foreign exchange (FX) reserves increased by $621.2M in 10 days following the recent sale…
ECOWAS Suspends Single Currency Plans Sighting Political Challenges
After years of planning and setbacks, the Economic Community of West African States (ECOWAS) has…
MicroStrategy Increases Total Bitcoin Holdings to 244,800
Business Intelligence and Software company, MicroStrategy, publicly declared that it has purchased roughly 18,300 Bitcoin—BTC…
Posted inCrypto NEWS Regulations
Around $670,000 Freezed by Nigerian Regulator Over Unregulated Crypto P2P Trades
The Nigerian regulator has reportedly freezed N548.6M (about $670,000), supposedly in the account of users…
Chainalysis Report: Nigeria and India Leads in Global Crypto Adoption
India, Nigeria, and Indonesia top the report released from the highly anticipated 2024 Geography of…
Posted inCrypto NEWS Regulations
BoG: The Draft Guidelines For Crypto Regulation in Ghana
The Central Bank of Ghana—BoG recently released draft rules for crypto regulations in Ghana to…
Fidelity and MasterCard Partners to Launch Fidelity Send
Fidelity Bank Plc, a prominent bank in Nigeria, and Mastercard have teamed up to introduce…
Nigerian Banks to Deduct N50 on Transfer Inflows Above N10,000
In compliance with the instructions of the Federal Inland Revenue Service (FIRS), fintech establishments have…
Posted inCrypto Cyber Security
The Number of Scammers Increases in Local Crypto Groups
Currently, in Nigeria, the number of individuals doing peer-to-peer crypto transactions has increased to new…
Bank of Uganda Cuts Interest Rate by 0.25%
For the very first time in history, the Bank of Uganda reduced its key rate,…
China’s Lending to Africa increased to $4.6B in 2023
Boston University’s Global Development Policy Centre released a research study on Thursday unveiling an increase…
Oando Stocks Crosses N1T in Market Capitalization
The oil and gas company, Oando, has attained over N1T (over $626M, per current exchange…
Posted inCrypto NEWS Technology WEB 3.0
Coinbase Performs the First AI-AI Crypto Transaction.
Coinbase makes history by executing the first AI-to-AI transaction using crypto. This milestone is a…
Posted inNEWS Regulations
Crypto Regulations in African Countries: A Comparison Between Five Countries
Statistically, Africa is the region with the highest young people demographic, and this is an…
Posted inFintech NEWS Technology
Mastercard to Move from Credit Card Numbers to Tokenization and Biometric Authentication.
In a bid to simplify payments, Mastercard moves to tokenization and biometric authentication to eliminate…