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

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Federal Government of Nigeria Donates N97.3 billion to Fund Young Innovators in Blockchain Technologies and Other Technologies.

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The federal government of Nigeria has released N97.3 billion to fund young innovators who are pssionate on developing great technologies for the digital economic growth of the country.  Moreso, the Central Bank of Nigeria (CBN) has released N90billion soft loan…

Bitfxt Cryptocurrency Exchange Gets Extra 45 Billion Naira From a UK based Company Payitup Clearinghouse Ltd. 

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Bitfxt, a Nigerian cryptocurrency startup, said it has raised N5.45 billion from Payitup clearinghouse Ltd with an extra 45 billion naira for margin trading facility.  The blockchain startup Bitfxt announced this on it twitter handle. Payitup Clearinghouse is the parent…

Blockchain E-Payments, Interswitch List ₦23 billion Bond on Nigeria Stock Exchange Instead of its Could be Blockchain Powered IPO.

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E-Payments Giant in Nigeria, Interswitch have announced the listing of its ₦23billion Bond on the Nigerian Stock Exchange (NSE), ahead of its upcoming could be blockchain powered Initial Public Offering (IPO). The bond is an issued debt with an agreement…

Amidst the Ease in Blockchain Powered IPO, NSE Launches the Growth Board Allowing Startups and SMEs to Raise Capital With Ease.

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In a bid to ease the process required by Small Scale Enterprises (SMEs) and Startups to access long term funds long, the Nigeria Stock Exchange, NSE on wednesday created a platform dubbed Growth Board. The Chief Executive Officer of NSE,…

Switzerland Approves the First Blockchain Powered IPO on Ethereum Blockchain. 

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Switzerland Ethereum IPO The use of blockchain technology continues to grow around the world. This year will definitely be a remarkable year as the world witnesses what many believe is the first major legal step towards a new way for…

Global Economic Conditions Survey (GECS) Report Says that the Investors’ Confidence in Nigeria Dropped in 2019.

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According to a survey by the Association of Chartered Certified Accountants (ACCA) and Institute of Management Accountants (IMA), investors’ confidence in Nigeria’s economy went down below its nine years average.  The update was disclosed yesterday by the organisation in its…

Nigeria SmartBag Blockchain Pioneer and Provider, Temie Wins Jack Ma’s $250,000 Funding for African Startups.

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At the grand-finale of the Africa Netpreneur Prize Initiative (ANPI) held in Accra, Ghana. The smartBag blockchain pioneer Temie Giwa-Tubosun has taken home the top prize. Africa Netpreneur Prize Initiative (ANPI), pioneered by Chinese investor Jack Ma has made available…