Africa

Naira Appreciates to ₦358 In The Parallel Market

The Dollar To Naira Exchange Market For Investors And Exports Appreciates. Data from FMDQ showed that the naira to dollar exchange rate for the Investors And Exports window dropped to N361.72 per dollar yesterday from N362.58 per dollar on Friday…

ECOWAS To Launch A Unified Currency For The Region In 2020.

From the information gathered at the ECOWAS headquarters in Abuja. Every details for the launch of the unified currency for the region by the sub-regional body’s Macroeconomic Policy and Economic Research Department is being strengthened. Under the current arrangement, all…

NITDA To Releases New Regulations And Guildlines For The IT Sector Including Blockchain And Cloud Computing In Nigeria

The National Information Technology Development Agency, NITDA released five new regulatory instruments to ensure a well regulated and organized best practice for efficient development of Information Technology sector in Nigeria. The new guidelines includes: The Rule Making Process Regulation of…

The State Of Cryptocurrency Regulations In African Countries And The World.

  REGULATED IN SOUTH AFRICA. South Africa, the second largest economy in Africa previously in 2015 released straight no statement on Cryptocurrency activities in the country. But as of Jan 2019, the Intergovernmental Fintech Working Group comprised of members from…

Can Blockchain Job Opportunities Save Nigeria’s Foreign Direct Investments Decline. From $3.5 billion — $2.2 billion.

Nigeria’s Foreign Direct Investment (FDI) fell by 36 per cent to $ 2.2 billion in 2018 from $3.5 billion in 2017 as was disclosed by The United Nations Conference on Trade and Development (UNCTAD). The Continent has experienced an increase…