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The African Development Bank Launches Record Breaking $3Billion Social Bond to Fight COVID-19 in Africa. 

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Recording Breaking: The African Development Bank (AAA) announced the raise of an exceptional $3 billion in a three-year bond to alleviate the negative economic and social impact of Covid-19 pandemic on livelihoods and Africa’s economies.  The three-year social bond attracted…

CBN Highlights Details for Households and SMEs to Access the N50billion Stimulus Package.

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The Central Bank of Nigeria states the conditions guiding the distribution of the N50billion COVID-19 intervention fund to individuals and companies. The apex bank announced the release of the N50billion intervention fund in response to the coronavirus pandemic, which had…

Celo Camp for Africans; Apply for the Celo Camp Competition and Win $10,000  Powered by Celo Labs and Upright.

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You can now apply for the Celo Camp Competition to win. Africa Blockchain Institute in partnership with Celo Labs and Upright has announced the opening of Celo Camp application for Africans.  In a statement by the Executive Director, Mr. Kayode…

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…

Bitfxt Cryptocurrency Exchange Gets Extra 45 Billion Naira From a UK based Company Payitup Clearinghouse Ltd. 

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Bitfxt, a Nigerian cryptocurrency startup, said it has raised N5.45 billion from Payitup clearinghouse Ltd with an extra 45 billion naira for margin trading facility.  The blockchain startup Bitfxt announced this on it twitter handle. Payitup Clearinghouse is the parent…

Amidst the Ease in Blockchain Powered IPO, NSE Launches the Growth Board Allowing Startups and SMEs to Raise Capital With Ease.

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In a bid to ease the process required by Small Scale Enterprises (SMEs) and Startups to access long term funds long, the Nigeria Stock Exchange, NSE on wednesday created a platform dubbed Growth Board. The Chief Executive Officer of NSE,…

Switzerland Approves the First Blockchain Powered IPO on Ethereum Blockchain. 

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Switzerland Ethereum IPO The use of blockchain technology continues to grow around the world. This year will definitely be a remarkable year as the world witnesses what many believe is the first major legal step towards a new way for…

Weekly Review on Bitcoin News in Nigeria: World Largest Exchange Binance Donates 10 Million to Victims of Coronavirus.

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Binance Donates 10 Million Chinese Yaun to the Victims of Coronavirus:  Binance has donated 10 million in Chinese Yaun to support the victims of coronavirus in Wuhan, China. Cryptocurrency platforms are offering donations to help support the movement to stop…

Global Economic Conditions Survey (GECS) Report Says that the Investors’ Confidence in Nigeria Dropped in 2019.

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According to a survey by the Association of Chartered Certified Accountants (ACCA) and Institute of Management Accountants (IMA), investors’ confidence in Nigeria’s economy went down below its nine years average.  The update was disclosed yesterday by the organisation in its…

Nigeria SmartBag Blockchain Pioneer and Provider, Temie Wins Jack Ma’s $250,000 Funding for African Startups.

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At the grand-finale of the Africa Netpreneur Prize Initiative (ANPI) held in Accra, Ghana. The smartBag blockchain pioneer Temie Giwa-Tubosun has taken home the top prize. Africa Netpreneur Prize Initiative (ANPI), pioneered by Chinese investor Jack Ma has made available…