Bitcoin, Cryptocurrency News in Nigeria And Africa

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What is Token Burn and How Does it Works

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What is Token Burn? Simply put, token burn is the permanent removal of parts of the existing coins in a cryptocurrency’s circulation.

Reasons Why Bitcoin Is A Better Hedge to Naira Inflation

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Bitcoin is a better hedge to Nigerian Naira inflation during this time of economic crisis.

Algorand: A Breakthrough For the Digital Economy

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Algorand is the new technology that will foster a big breakthrough for the digital economy

Nigerian Inflation Rate Continues to Increase on a Month-On-Month Basis in 2020.

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The Nigerian Inflation Rate Has Continued to Increase on a Month-On-Month Basis in 2020 says the National Bureau of Statistics.

Despite the Impact of COVID-19 on the Economy, Cryptocurrency Trading Volumes Still Increasing.

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The cryptocurrency trading volumes on most afric exchanges had recorded new all-time-high despite a severe economic contraction since the global COVID-19 pandemic. 

Crypto Friendly Economist, Prof Charles Soludo on How Nigeria and Africa Can Save the Economy During COVID-19

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“We should think African but act locally and opportunistically to survive and prosper, and exploit the global opportunities offered by the crises.” — Dr. Charles Chukwuma Soludo

Is the Coronavirus Outbreak Affecting the World’s Economy a Chance for Cryptocurrency Adoption?

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Since the outbreak of the Coronavirus pandemic, the global stock markets have been on a bizarre situation, recording a sharp drop in the world economy. According to experts, the situation is likely to continue.  The IMF announced that investors has…

Federal Government of Nigeria Donates N97.3 billion to Fund Young Innovators in Blockchain Technologies and Other Technologies.

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The federal government of Nigeria has released N97.3 billion to fund young innovators who are pssionate on developing great technologies for the digital economic growth of the country.  Moreso, the Central Bank of Nigeria (CBN) has released N90billion soft loan…

In a Bid to Achieve Digital Economy Goal, NITDA Launched a New ICT Hub in Portharcourt for Tech and Blockchain Startups

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The National Information Technology Development Agency (NITDA builds an Information Technology Innovation and Incubation Park Building at the University of Port Harcourt, Rivers State as part of its ICT projects to support tech and other Blockchain startups The project, which…

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

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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…