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Nigerian SEC set to issue crypto exchanges licenses to promote industry  

Crypto

The Nigerian Securities and Exchange Commission (SEC) under Emomotimi Agama has revealed its plans to issue licenses to crypto exchanges in the country to complement the growing adoption of cryptocurrencies in the country.

August 20, 2024 / 0 Comments
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Bitcoin could be set for a strong rebound if the U.S. Federal Reserve announces a rate cut in December, according to deVere Group CEO Nigel Green. Key drivers include liquidity shifts, deleveraging, and renewed institutional interest.

Bitcoin price surges to $66,000 amid Global IT downtime

Crypto

Bitcoin price has seriously recovered from weeks of facing selling pressure which saw its price drop to as low as $53, 500 on July 5 to hit the $66,000 mark at the time of writing this report.

July 20, 2024 / 0 Comments
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Some of the crypto companies that have effected a clampdown on transactions for Nigerian users include Binance and KuCoin…

Another crypto exchange, OKX shutdown services in Nigeria

Crypto,  News

Some of the crypto companies that have effected a clampdown on transactions for Nigerian users include Binance and KuCoin…

July 17, 2024 / 0 Comments
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Federal High Court sitting in Nigeria’s capital city, Abuja has declared that it will begin the tax evasion trial against global cryptocurrency exchange, Binance on October 11.

Court to begin Binance tax evasion trial on October 11

News

Federal High Court sitting in Nigeria’s capital city, Abuja has declared that it will begin the tax evasion trial against global cryptocurrency exchange, Binance on October 11.

July 12, 2024 / 0 Comments
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Nigeria’s NeuRaL AI launches REACTOR, a solution that simplifies Gen AI use for businesses

Social Tech

Nigerian Artificial Intelligence company, Neural AI, has launched REACTOR, an AI solution that simplifies the application of Generative AI for businesses and organisations.

July 9, 2024 / 0 Comments
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Although Yescoin hasn’t explicitly confirmed its token plans, the TON partnership and design of the project are certainly preparing something juicy for its gamers…

Yescoin is the latest swipe-to-earn game, here is all you need to know about it

Crypto,  Explainers

Although Yescoin hasn’t explicitly confirmed its token plans, the TON partnership and design of the project are certainly preparing something juicy for its gamers…

June 26, 2024 / 0 Comments
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Kenyan authorities suspended the activities of Worldcoin almost a year ago for privacy and security concerns

Sam Altman’s Worldcoin to resume iris scanning in Kenya following discontinuation of probe

Crypto,  News

Kenyan authorities suspended the activities of Worldcoin almost a year ago for privacy and security concerns

June 20, 2024 / 0 Comments
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Although there is no available information about the team behind the newest coin, the project claims to have 17 million community members globally.

TapSwap: Here is all you need to know about the frenzied tap-to-earn game

Crypto,  Explainers

Although there is no available information about the team behind the newest coin, the project claims to have 17 million community members globally.

May 20, 2024 / 0 Comments
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“Crackdown on Binance is right but the approach is wrong”- A chat with Oladotun Akangbe of Flincap 

Crypto,  Industry Analysis,  Interviews

Oladotun thinks that the Nigerian government needs to set up committees to study the industry and dialogue with stakeholders to determine the best approach to similar situations…

April 19, 2024 / 0 Comments
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The CBN’s Q3 2025 Credit Conditions Survey reveals an increase in secured loan defaults, while unsecured loan performance improved. Banks expanded credit availability, approved more loans, and recorded lower default rates among corporate borrowers.

CBN Gov says $26bn from unidentified people passed through Binance Nigeria in the last year

Crypto,  News

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN) has said in the past 12 months, $26 billion has passed through crypto exchange Binance Nigeria from sources and accounts that were not adequately identified.

February 27, 2024 / 0 Comments
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