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JUST IN: Naira Touches N700 to a Dollar at Crypto P2P Market
Posted inNEWS Trading

JUST IN: Naira Touches N700 to a Dollar at Crypto P2P Market

Posted by By Tony Chimdiuto 27/07/2022
Naira touches N700 to a dollar today on the crypto p2p market after touching an…
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Posted inEvents NEWS

Link For Entry/ Application To Participate In CBN eNaira Hackathon, Entries Closes On July 21, 2022.

Posted by By Ekenedilichukwu 01/07/2022
Central Bank of Nigeria is calling on interested tech enthusiasts to submit entries for the…
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Just In: Zenith Bank Reportedly Closing Crypto Related Bank Accounts
Posted inNEWS

Just In: Zenith Bank Reportedly Closing Crypto Related Bank Accounts

Posted by By Ekenedilichukwu 18/01/2022
Unconfirmed reports circulating at moment has it that Zenith Bank is freezing accounts of crypto…
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Naira Falls at Official and Black Market Amidst Festive Season Inflations.
Posted inNEWS

Naira Falls at Official and Black Market Amidst Festive Season Inflations.

Posted by By Ekenedilichukwu 23/12/2021
As the most festive time of the peaks, Naira exchange rate as at 22 December…
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CBN Agents May Be Trading on Popular P2P Platforms To Trap Crypto Traders, Sources Allege.
Posted inNEWS

CBN Agents May Be Trading on Popular P2P Platforms To Trap Crypto Traders, Sources Allege.

Posted by By Ekenedilichukwu 11/11/2021
As CBN clamp down on cryptocurrency traders intensifies, feelers emerging from the apex bank has…
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Posted inNEWS

There Is No Law Against Crypto In Nigeria: Court Rules. Unfreezes CBN Blocked Accounts Over Crypto Trading.

Posted by By Ekenedilichukwu 26/10/2021
CBN Circular is Not Law. A Federal High Court sitting in Abuja has vacated an…
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Central Bank Of Nigeria Shutdown Abokifx.com Accounts Over Forex Speculation.
Posted inNEWS

Central Bank Of Nigeria Shutdown Abokifx.com Accounts Over Forex Speculation.

Posted by By Ekenedilichukwu 16/09/2021
Central Bank of Nigeria CBN, today closed all operating accounts belonging to online forex rate…
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Central Bank Of Nigeria to Launch E-Wallet, Nigerian Banks, Others To Follow Soon.
Posted inNEWS

Central Bank Of Nigeria to Launch E-Wallet, Nigerian Banks, Others To Follow Soon.

Posted by By Ekenedilichukwu 30/08/2021
The Central Bank of Nigeria announced that eNaira cryptocurrency will launch on a digital wallet…
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CBN Crypto Regulations: A Crypto Trader Claims GTBank Threatened to Arrest him.
Posted inNEWS Regulations

CBN Crypto Regulations: A Crypto Trader Claims GTBank Threatened to Arrest him.

Posted by By Queen Helen 17/02/2021
Crypto Trader on Twitter claims that Guarantee Trust Bank has threatened to arrest him after…
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We have engaged with the CBN and agreed to work together to further analyze Crypto securities Says SEC Nigeria
Posted inNEWS Regulations

We have engaged with the CBN and agreed to work together to further analyze Crypto securities Says SEC Nigeria

Posted by By Queen Helen 12/02/2021
SEC PRESS RELEASE:  “We have engaged with the CBN and agreed to work together to…
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Mastercard Launches Testing Platform for Central Bank Digital Currencies.
Posted inNEWS

Mastercard Launches Testing Platform for Central Bank Digital Currencies.

Posted by By Vicentia Ahuzi 10/09/2020
Mastercard has launched a central bank digital currency testing platform for Central Banks to enable them conduct pilot tests for Central Bank Digital Currencies.
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How Crypto Savings Account Interest Beats the New CBN Policy on Bank Savings Account Interest.
Posted inNEWS

How Crypto Savings Account Interest Beats the New CBN Policy on Bank Savings Account Interest.

Posted by By Tony Chimdiuto 05/09/2020
Crypto Savings Account yields more interest now compared with Banking Savings Account interest.
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CBN Releases Draft Framework for Regulatory Sandbox Operations on Emerging Technologies in the Payments Space.
Posted inFintech

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

Posted by By Tony Chimdiuto 30/06/2020
CBN has released a new Draft Framework for Regulatory Sandbox Operations focused on emerging technologies in the payments space.
Read More
Bitcoin Stands Out as the Best Investment Against Nigeria Naira Over 50 Years Ago.
Posted inBitcoin Features

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

Posted by By Tony Chimdiuto 05/06/2020
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.
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CBN Debunks the Rumors of N2000 and N5000 Naira Banknotes Making Rounds Online.
Posted inNEWS

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

Posted by By Tony Chimdiuto 31/05/2020
CBN debunks the rumors making rounds online on the existence of N2000 and N5000 Naira Banknotes.
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Why Nigeria Banks Should Collaborate With Fintech Including Blockchain Powered Fintech to Revive the Economy. 
Posted inFeatures Fintech

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

Posted by By Tony Chimdiuto 10/05/2020
PwC List Ways for Banks to Collaborate With Fintechs Including Blockchain Powered Fintech to Revive Nigeria Economy. 
Read More
Nigerian Naira Gains Against US Dollar After CBN Resumed Dollar Sales.
Posted inNEWS

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

Posted by By Tony Chimdiuto 02/05/2020
The Nigeria Naira has gained against the US Dollars following CBN's resumption on US Dollar Sales
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IMF Persuades Nigeria to Speed Up Naira Exchange Rate Unification.
Posted inNEWS

IMF Persuades Nigeria to Speed Up Naira Exchange Rate Unification.

Posted by By Tony Chimdiuto 02/05/2020
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. 
Read More
Banking Crisis: Nigeria Banks Looking to Increase Earnings From Fintech Following the Increase in Debt Owed by Independent Oil Producing Firms.
Posted inNEWS

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

Posted by By Tony Chimdiuto 26/04/2020
Nigeria Banks is looking to increase earnings following the pressure on banks' earning due to the unpaid loans owed by independent oil producing firms.
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Federal Government of Nigeria Begins Disbursement of Stimulus Package Using Banks, But Crypto not Welcome.
Posted inNEWS

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

Posted by By Tony Chimdiuto 24/04/2020
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.
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Last Updated
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Nigeria External Reserves hits $40.2B 
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Nigeria is considering U.S. Diaspora Bond as CBN targets $1B monthly remittance 
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Why charges against Gambaryan was dropped.
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African Development Bank Secures $421M Loan from Japan
African Development Bank Secures $421M Loan from Japan
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