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

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CBN Debunks the Rumors of N2000 and N5000 Naira Banknotes Making Rounds Online.

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CBN debunks the rumors making rounds online on the existence of N2000 and N5000 Naira Banknotes.

Nigerian Naira Gains Against US Dollar After CBN Resumed Dollar Sales.

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The Nigeria Naira has gained against the US Dollars following CBN’s resumption on US Dollar Sales

CBN Quarterly Economic Report: Currency-in-circulation (CIC) Increases by 9.9 Percent to N2.2 Trillion.

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According to the quarterly economic report released by Central Bank of Nigeria (CBN) on Monday, the total fiat money currency-in-circulation (CIC) has risen by 9.9 percent to N2.2 Trillion.  The economic report shows that the total deposits at the CBN…

Central Bank Of Egypt Set To Ban Cryptocurrency And Encrypted Currency Trading Without Legal License

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Central Bank of Egypt (CBE) creates a new law banning the promotion or operation of platforms for issuing or trading encrypted currency or cryptocurrency without obtaining the needed legal licenses from authorities, reported Egypt Independent. The draft bills grants the…

Central Bank Of Nigeria Stipulates Fitness Standards For Fit And Unfit Banknotes Circulation.

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The Central Bank Of Nigeria has warned the nation’s banks against recirculation of unfit bank notes, saying that it would impose stringent penalties on any bank that goes against the stipulated standards. The CBN made this public in the Banknotes…