East African Central Banks Raise Doubts on Regional CBDC by 2024
The East African currency project in 2024 collapsed after the EAC Council of Ministers, the central decision-making and governing organ of the EAC, resolved that this deadline is not feasible, citing delays by member countries in realizing targets set out…
MTN Nigeria Rolls Out Live 5G Internet Services Today at 190 Locations.
MTN Nigeria Communications Limited 5G internet network has gone live today, the telecommunications giant, won the 3.5GHz spectrum licence for 5G network rollout since December last year, coupled with the issuance of 5G spectrum licence in May this year. The…
Nigeria Records 10.9% Growth In Broadband Internet Expansion.
Latest data analysis from the Nigerian Communications Commissions (NCC), shows that Nigeria’s broadband subscriptions have recorded a steady increase since October ’21, albeit a slight dip in February ’22. Mobile broadband at over 99% accounts for a dominant share of…
Telegram Proposes To Auction Reserved Username, Groups, Channel Links In The Form Of NFT Like Smart Contract.
Telegram founder, Pavel Durov, owner of the encrypted messaging application has raised the idea of a marketplace that could utilize “NFT-like smart contracts” to auction highly-sought after usernames. Durov made the suggestion after the “success” of domain name auctions by…