Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

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Blockchain Technology to Add $29 Billion to Nigeria’s GDP by 2030.

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A new survey by Enhancing Financial Innovation and Access (EFInA) finds that blockchain technology can sort out challenges to financial inclusion in Nigeria and boosts Nigeria’s economy, bearing the variables in ground can add $29 billion to the nation’s GDP…

How To Mint Non Fungible Token NFT.

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If you want to learn how to mint an NFT, join this ride. The market for NFT is at the peak of cryptocurrency market at the moment. For the first time, NFT has taken over as the market leader in…

Elon Musk Hints Return of Bitcoin For Tesla Purchase.

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Elon Musk, CEO SpaceX and Tesla said that Bitcoin may be approved for purchase of Tesla vehicles in near time, he made this known in an online panel discussion organized by Crypto Council on Innovation tagged , “The B Conference”…

First Regulatory Framework For StartUps in Nigeria Underway.

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Bill to regulate fintech and cryptocurrency. The collaborative bill calls for suggestions A bill to regulate startups in Nigeria is on the works through collaborative efforts of Nigeria tech ecosystem players and representative of Nigerian government. The journey began in…

Bitcoin Drops Below $30,000 Again.

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For the second time since achieving all time high of $65,000 in April, 2021, Bitcoin has recorded it’s second fall below $30,000. The first was in June 22nd, 2021. The effect snowballed to altcoins. Bitcoin recorded a 5% sharp drop…

Crypto, Blockchain Experts in Demand as Countries Venture into Digital Currency.

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Monetary regulatory powers globally are announcing in quick successions their plans to launch digital currency. The big question is, who has the knowledge to execute this ? Bahamian Sand dollar was the first digital currency launched by a sovereign nation…

Twitter CEO,Jack Dorsey Announces Entry of Square Into DeFi Ecosystem.

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The CEO of Square Jack Dorsey announced earlier in the week the entrance into the decentralized finance by his payment company Square. Square is entering DeFi market on a blockchain other than the conventional Ethereum. Dorsey is building his platform…

Africa Fintech Start-ups Growth: Nigeria Maintains Control.

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The number of fintech start-ups domiciled in Africa rose to 576 in 2021 atest report study from Disrupt Africa, a 17.3% leap from 491 start-ups that were operating in Africa in 2019. This was revealed in a study report by…

European Central Bank to Roll Out Digital Euro, € Before 2026.

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The European Central is intensifying it’s plan to launch a digital currency as the use of cash (fiat) declines, as China concludes pilot survey of it’s native e-yuan. The European Union apex bank announced a two years investigation period on…

Market Explosion for NFT (Non Fungible Token) as Trade Volume Skyrockets to $3 billion.

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NFT markets recorded an all time high of $3 billion for the first part of the year 2021 against mere $13 million reached in first half of 2020, report from market data reveals. The prices increase range from sales in…