africa

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 Mohammed Ibrahim, on Friday in Abuja. The Minister of Finance, Mrs Zainab Ahmed, urged the Central Bank Of Nigeria (CBN) and Nigeria Deposit Insurance Corporation…

Naira Appreciates to ₦358 In The Parallel Market

The Dollar To Naira Exchange Market For Investors And Exports Appreciates. Data from FMDQ showed that the naira to dollar exchange rate for the Investors And Exports window dropped to N361.72 per dollar yesterday from N362.58 per dollar on Friday…

NITDA To Releases New Regulations And Guildlines For The IT Sector Including Blockchain And Cloud Computing In Nigeria

The National Information Technology Development Agency, NITDA released five new regulatory instruments to ensure a well regulated and organized best practice for efficient development of Information Technology sector in Nigeria. The new guidelines includes: The Rule Making Process Regulation of…

The State Of Cryptocurrency Regulations In African Countries And The World.

  REGULATED IN SOUTH AFRICA. South Africa, the second largest economy in Africa previously in 2015 released straight no statement on Cryptocurrency activities in the country. But as of Jan 2019, the Intergovernmental Fintech Working Group comprised of members from…

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 2018 from $3.5 billion in 2017 as was disclosed by The United Nations Conference on Trade and Development (UNCTAD). The Continent has experienced an increase…