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CBN Releases Draft Framework for Regulatory Sandbox Operations on Emerging Technologies in the Payments Space.

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CBN has released a new Draft Framework for Regulatory Sandbox Operations focused on emerging technologies in the payments space.

Bitcoin Stands Out as the Best Investment Against Nigeria Naira Over 50 Years Ago.

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Bitcoin still stands out as the best investment of all time against the Nigerian Naira for over 50 years ago. The outstanding performance of the world’s biggest cryptocurrency over the years sets it apart from other world’s fiat currencies including Nigeria Naira.

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.

Why Nigeria Banks Should Collaborate With Fintech Including Blockchain Powered Fintech to Revive the Economy. 

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PwC List Ways for Banks to Collaborate With Fintechs Including Blockchain Powered Fintech to Revive Nigeria Economy. 

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

IMF Persuades Nigeria to Speed Up Naira Exchange Rate Unification.

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The International Monetary Fund (IMF), on Tuesday, April 28, 2020, approved the sum of $3.4 billion, as emergency financial support for Nigeria, as a result of the adverse effects of COVID-19. 

Banking Crisis: Nigeria Banks Looking to Increase Earnings From Fintech Following the Increase in Debt Owed by Independent Oil Producing Firms.

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Nigeria Banks is looking to increase earnings following the pressure on banks’ earning due to the unpaid loans owed by independent oil producing firms.

Federal Government of Nigeria Begins Disbursement of Stimulus Package Using Banks, But Crypto not Welcome.

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Following the plans by the government to distribute stimulus package to support businesses, the sharing of the first tranche of the Central Bank of Nigeria N50bn targeted credit facility have started.

Cryptopreneur, Gaius Chibueze Donates 3 Million in Naira to Fight COVID-19 Outbreak.

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Many individuals and banks have made donations to financially support individuals during this period of health and financial crisis in the country. Gaius Chibueze, the CEO of AbitNetwork, a blockchain-based application company announced the donation of 3 Million Naira to…

Tinubu Tells Federal Government to Print More Naira Notes — “A Call For Digital Naira”

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All Progressives Congress National Leader, Asiwaju Bola Tinubu, suggests that government  print more naira to help restructure the failing economy and improve our health sector following the coronavirus outbreak in Nigeria. Tinubu said this in a statement he wrote in…