Lagos Announces Plans To Set Up Crypto Hub, And Give Boost To Crypto Transactions.
Lagos Nigeria plans to set become the crypto hub of Africa, describing itself as the next crypto capital, as the state Governor, Babajide Sanwo-Olu announced bold proposals for crypto adoption in Lagos. “Lagos state has become an enviable state for…
eNaira CBDC: Central Bank of Nigeria Introduces Voucher And USSD Features.
The Central Bank of Nigeria (CBN) has announced the development of eNaira enhanced services to address challenges faced by unbanked Nigerians. The initiative enables customers to use the unstructured supplementary service data (USSD) code *997*50# to carry out all banking…
Twitter Users Can Now Buy Twitter Coins Through Stripe.
Twitter, apparently, has started the beta rollout of its Twitter Coins to certain users. A few Twitter users reported being able to buy Twitter Coins since Feb. 22. Rumors of Twitter releasing its own token started circulating in December 2022….
Central Bank Plans To Add More Telecom Network On eNaira Digital Currency Platform.
The Central Bank of Nigeria (CBN) has announced that it is working to include other telcos on the Central Bank Digital Currency (CBDC) eNaira platform to widen its adoption and acceptance nationwide. Currently, eNaira transactions are only enabled on MTN…
African Fintechs Record 39.3% Rise In Investment, Brings In $1.3 Billion.
Fintech sector in Nigeria, South Africa, Kenya and others was the most attractive to investors in 2022, receiving almost $1.5 billion in funding during the year, making up 43.4 per cent of all startup investments into the continent. The startup…
Nigeria Missing As Kenya, South Africa Leads In Global Innovation Index Report 2022.
Mauritius, South Africa, Botswana, Kenya and Morocco, in latest inovative economies global report, ranked far above Nigeria in Africa as countries with the most innovative economies. This is according to the World Intellectual Property Organisation’s (WIPO’s) Global Innovation Index (GII)…
The African Development Bank’s Coding for Employment Program Opens Second Center in Kenya
The African Development Bank has opened a second Information and Communications Technology Centre of Excellence at the United States International University-Africa in Nairobi. This marks an important milestone for the Bank’s Coding for Employment program, and its growing partnerships with…
Nigeria Gains $976 Million Of Africa’s $3.3 Billion Tech Startup Investments.
Following the news of two Nigerian start-ups winning $300,000 at LEAP tech conference pitch in Riyadh Nigeria attracted the largest technology startup investments in Africa in 2022, according to a new report. Indeed, of the $3.3 billion investment that Africa…
Nigerian Photography Raises Alarm Over Unauthorized Listing Of Her Work As NFT On Opensea.
A Nigerian professional photographer took to Twitter to raise alarm over an attempt to sell her viral photo as NFT by an authorized retailer on Opensea NFT platform. The photographer Esther Umoh, who is the official photographer for Peter Obi’s…
Lagos, Ibadan Leads As Top African Crypto Hubs Among Top 50 Global Crypto Thriving Cities
A recent research released by Recap, a global financial research organisation shows that among the 50 top cities leading in crypto adoption, 6 African cities made the list. Among these African cities, two are Nigeria’s cities; Lagos and Ibadan which…