Posted inEconomy Exchange NEWS Reviews Tapping into CoinEx Crypto Loans: A successful alternative to traditional banking Posted by By Tony Chimdiuto 06/11/2023CoinEx Crypto Loans Overview As the cryptocurrency market continues to grow and evolve, more financial…
Posted inEconomy NEWS Regulations REPORT: Nigeria’s Crypto Economy Continues to Grow Despite Economic Turmoil Posted by By Nsikanabasi Edet 25/10/2023Nigeria remains the largest crypto economy in Africa despite the current economic situation in the…
Posted inEconomy General News NEWS Opinion Regulations Nigeria Emerges the World’s Most Cryptocurrency-Aware Nation, Recent Survey Reveals. Posted by By Tony Chimdiuto 04/09/2023Nigeria has emerged as the world's most cryptocurrency-aware nation, with 99% of the population crypto-aware,…
Posted inEconomy NEWS Nigeria Should Declare Naira and Kobo as West Africa’s Only Legal Tender Posted by By Tony Chimdiuto 31/08/2023In a lawsuit filed by a Nigerian human rights activist, the country’s central bank is…
Posted inEconomy Features NEWS OnlyFans Reveals It Holds $20 Million Worth of Ethereum. Posted by By Tony Chimdiuto 28/08/2023Fenix International, the parent company of OnlyFans, bought Ethereum cryptocurrency between 2021 and 2022. The…
Posted inEconomy Crypto Market Rate Update For Tuesday, 18th July 2023: Naira to USD (USDT). Posted by By Ekenedilichukwu 18/07/2023Opening prices for Tuesday, 18th July, 2023, updated rates on USD – USDT and other…
Posted inEconomy Central Bank of Nigeria Orders Banks To Pay In Naira To Diaspora Remittance. Posted by By Ekenedilichukwu 13/07/2023The Central Bank of Nigeria has announced Naira as a payout option for receipts of…
Posted inEconomy Nigeria House of Rep Order CBN To Stop Requesting Social Media Accounts For KYC. Posted by By Ekenedilichukwu 12/07/2023The House of Representatives has asked the Central Bank of Nigeria (CBN) to stop the…
Posted inEconomy Nigeria Bank customers get N115bn, $22.7m refund for failed transactions. Posted by By Ekenedilichukwu 08/07/2023According to the Central Bank of Nigeria no fewer than 35,453 complaints from bank customers…
Posted inEconomy CBN Ask Banks To Be Weary Of Money Laundering Transactions From Cameroon, Others. Posted by By Ekenedilichukwu 07/07/2023Recently, the Central Bank of Nigeria (CBN) has asked banks and other financial institutions to…
Posted inEconomy Bank Increase ATM Withdrawal Limit. Posted by By Ekenedilichukwu 06/07/2023Weeks after banks restricted withdrawals on automated teller machines (ATMs), commercial banks in the country…
Posted inEconomy CBN Sets N15,000 As Transaction Limit For Contactless Payments. Posted by By Ekenedilichukwu 04/07/2023The Central Bank of Nigeria (CBN) has placed a N50,000 daily limit on contactless payments…
Posted inEconomy A Total Of Five African Banks Adopt PAPSS For Cross-border Transactions. Posted by By Ekenedilichukwu 03/07/2023The Pan-African Payment and Settlement System (PAPSS) has signed a memorandum of understanding (MOU) with…
Posted inEconomy Central Bank of Nigeria To Restart Naira OTC FX Contracts. Posted by By Ekenedilichukwu 02/07/2023From tomorrow, July 3, 2023, the Central Bank of Nigeria (CBN) will begin quote offers…
Posted inEconomy CBN reportedly makes social media handle mandatory KYC requirements for bank customers. Posted by By Ekenedilichukwu 24/06/2023The CBN has released its Customer Due Diligence Regulations 2023, the Central Bank of Nigeria…
Posted inEconomy IMF Is Working On A Global Central Bank Digital Currency CBDC Platform. Posted by By Ekenedilichukwu 20/06/2023The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Monday that it is…
Posted inEconomy Central Bank of Nigeria Lifts Cash Deposit Restrictions On Domiciliary Accounts, Approves Daily $10,000 Withdrawal. Posted by By Ekenedilichukwu 20/06/2023The Central Bank of Nigeria has announced the removal of cash deposit limitations on domiciliary…
Posted inEconomy Nigeria Inflation Rate Rises To 22.41%. Posted by By Ekenedilichukwu 17/06/2023Nigeria’s inflation surged to 22.41 percent in the month of May, 2023, according to a…
Posted inEconomy General News CBN Direct Banks To Trade Naira Freely Against Dollar, Harmonizing Bank And Black Market Prices To Over N700/ Dollar. Posted by By Ekenedilichukwu 15/06/2023On Wednesday, The Central Bank of Nigeria directed Deposit Money Banks to remove the rate…
Posted inEconomy President Tinubu Suspends Nigeria Central Bank Governor. Posted by By Ekenedilichukwu 10/06/2023The Nigerian President, Bola Tinubu has ordered the immediate suspension of the Central Bank of…