Nigeria Partners With Israel To Create 1 Million Jobs Through Digital Economy.
Israeli Ambassador to Nigeria, Michael Freeman has disclosed the readiness of his country to partner with Nigeria towards realisation of the policy on creation of...
Central Bank of Nigeria Raises Interest Rate To 18.5 Percent.
The policy-setting committee of the Central Bank of Nigeria (CBN) on Wednesday raised the monetary policy rate (MPR), which measures interest rate, from 18 percent...
Nigeria Forex Inflow Declined By $72 Billion.
According to data obtained from the CBN’s economic report for the fourth quarter (Q4) of 2022 which was released on its website recently, stating that...
Nigeria Proposes Plans To Regulate Crypto and Other Digital Assets Platforms.
Nigeria, is preparing new industry regulations for digital asset platforms. The Nigerian Securities and Exchange Commission (SEC) is considering new regulations that would allow licensed...
Regulation Of Crypto Assets Crypto In South Africa Set To Take Effect In 2025.
Directives governing tokenized deposits and crypto assets are likely to become effective on Jan. 1, 2025, a senior fintech analyst at the South African central...
Nigeria Launches Tech Funds Totalling $618 Million For Youth Investors.
Nigeria's Vice President Yemi Osinbajo launched the $618 million fund under the Investment in Digital and Creative Enterprises (iDICE) in the federal capital Abuja, on...
Kenyans Put An Average of Sh 2000 in cryptocurrencies
Retail crypto traders in Kenya held cryptocurrencies worth an average of Sh2,076 ($16.08) each last year, ranking at the bottom of allocation to the alternative...
Naira Scarcity : Nigerians Adopt Fintech Virtual Bank As Commercial Banks Apps, USSD Breakdown.
As the end of the Naira scarcity is nowhere in sight and following the breakdown of commercial banks mobile apps and USSD codes, Nigerians are...
Nigeria Crypto Traders Lost Huge Sums As Impact Of USDC’s $3.3 Billion Trapped In The Collapsed Silicon Valley Bank Depegs the Stablecoin.
Stablecoin cryptocurrency firm Circle has $3.3 billion of its $40 billion of USD Coin deposit reserve at the collapsed lender Silicon Valley Bank, the company...
Nigeria Crypto Arbitrage Trading Rises To 62% As Cash Crunch Worsens.
Crypto demand in Nigeria keeps rising due to its great economic instability, as well as the implications of government monetary policies and the introduction of...