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

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Google is Hiring Talents to Drive Africa’s First Product Development Centre

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Google is looking to hire talented Africans that will help drive the growth of its newly built Product Centre in Africa. Early this year, Google announced the development of its first product centre in Nairobi, Kenya. According to Proshare Report;…

Mobile Money: CBN Grants MTN MoMo Payment Service Bank License

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The apex bank have finally granted MTN’s MoMo PSB license to operate through a communicated receipt of the approval in principle from the Central Bank of Nigeria (CBN) for Momo Payment Service Bank Limited (Momo PSB). MTN Nigeria Communications Plc (MTN…

Africa Tech Startups Receives $4 Billion Of Global $650 Billion In Tech Investments.

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In 2021, tech startups operating across Africa have jointly raised over $4 billion in 800 deals, this record increased in fourfold the $1.1 billion that was invested in Africa in 2020 as the global pandemic raged . Though this is…

Google Invests $1 Billion In Airtel Acquires Stake In Airtel.

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Alphabet Inc’s Google will invest up to $1 billion in India’s Bharti Airtel as the U.S. technology bigwig enlarge its hold in India, sending shares of the telecom operator as much as 6.6% higher on Friday, the news made Airtel Nigeria…

GTBank Reviews International Naira Card Transactions From $100 to $200 Per Month

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One of the best online banking service provider in Nigeria, GTank has now reviewed it’s Naira Card spending limit from $100 up to $200.  Recently, most Nigerian banks reviewed the international monthly spending limit on the Naira Mastercard credit cards…

Facebook Stocks Down, Zuckerberg Loses $7billion, Diem Token Future at Stake

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Mark Zuckerberg social media platforms was hit by global outage at around 16:40 UTC and is still on-going since 4hours ago.  Following online sources concerning the social media outage. Rumours has it that its unlikely a hack and servers are…

Stock Exchange platform Chaka Becomes first fintech To Obtain license From SEC In Nigeria while Raising $1.5M pre-seed

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In Nigeria, there exist at least four platforms that offer both local and foreign stocks to individuals. Chaka is one such platform. Yesterday, They announced the closing of a $1.5 million pre-seed round to power digital investments for individuals and…

The United Nations (UN), IMF, And The World Bank Launches A Digital Currency Challenge to Enhance World Financial Structure

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The United Nations has unveiled The global CBDC Challenge for central bank digital currencies (CBDC). The CBDC challenge strives for innovative solutions to improve payment inefficiency and grow crucial financial inclusion.  The Monetary Authority of Singapore, in collaboration with the…

CBN Reportedly Considering Blockchain Technology For Payment Opportunities.

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The Central Bank of Nigeria (CBN), is reportedly exploring the opportunities that abound with blockchain technology. 

How Soon Before Bundle’s Native Token Goes Live.

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The Nigeria’s no 1 debut crypto social payments application has reportedly disclosed a possible native token launch of it’s platform Bundle Africa