CBN believe that cryptocurrencies have become well-suited for conducting many illegal activities including money laundering, terrorism financing, purchase of small…
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CBN directs banks to close accounts related to cryptocurrency exchanges
The Central Bank of Nigeria (CBN) has directed financial institutions to immediately close the accounts of persons or entities transacting…
PayPal Transaction Revenue Rose to $5.7 Billion in Q4 2020 Since Adding Crypto
The world’s leading Online payments companies, PayPal Inc, gained 16 million in net new active accounts and handled $277 billion…
Google earnings rose by 45% as Cloud segments top
Google’s parent company Alphabet shares surged as the company reported 23% revenue growth and topped estimates forearnings and revenue in…
Coinbase opts for a direct listing instead of IPO Routine
Coinbase is currently opting for direct listings rather than the traditional IPOs, in order to avoid diluting its existing shareholders…
Despite COVID-19,Nigeria generated N2.9tn from Value Added Tax, CIT in 2020
The Federal Government of Nigeria has generated N2.94 trillion in income from value-added tax (VAT) and company income tax (CIT)…
Mass metering programme: CBN Pays N14.35 Billion for 263,860 Meters to End Estimated Billings
Under the National Mass Metering Programme, Central Bank of Nigeria (CBN) has release the sum of N14.35 billion to the…
list of Africa’s Billionaires 2021: Aliko Dangote on top
The list of Africa Billionaires 2012 has been release by Forbes linking the president/CEO of Dangote Group,Alhaji Aliko Dangote the…
Google threatens to remove search engine in Australia due to media code
Google on Friday threatened to disable its search engine in Australia if the government proceeds with a media code that…
FG and CBN launch job exit strategies for N-Power beneficiaries
In line with the N-power exit strategy, Nigeria Government has revealed that N-Power beneficiaries will now be able to access…
Biden Suspend Federal Student Loan Payments and keeps interest rate at 0%
President Joe Biden has tells Education Department to pause payments of student loan relief until October. The request for the…
Biden cancel Trump’s travel ban, also Halts Wall Construction
United States President Joe Biden on his first day in office end Trump’s controversial travel ban place on non citizens…
Nigeria Government set to disburse N729bn to 24.3 million poor Nigerians
Nigeria government has revealed plans to o disburse the sum of N729 billion to 24.3 million poor Nigerians, each will…
Reasons why Investors should be worry over future of Cryptocurrency
Global investors and crypto merchants are getting careful about what’s on the horizon for crypto under a Joe Biden Presidency…
PayVIS: New Lagos State platform for paying traffic offence penalties
Lagos State Vehicle Inspection Service VIO has has launched PayVIS, an initiative number plate detection platform that captures vehicle offenders…
Nigeria to Borrow N5.6 Trillion and sell off some government owned properties to fund 2021 budget deficit
The Nigeria government has said to borrow the sum of N5.6 trillion and sell off some government-owned properties as well…
Stanbic IBTC Bureau de Change (SIBDC) Shut Down business due to foreign exchange inflow policy
Stanbic IBTC Bureau de Change (SIBDC), a subsidiary of StanbicIBTC Bank has shut down its bureau de change subsidiary due…
Coinbase Acquired Routefire to Deepen trading services
United States leading cryptocurrency exchange company, Coinbase has acquired trade execution startup Routefire. The price of the latest acquisition remains…
Elon Musk now world’s richest man overtakes Jeff Bezos
The information company designed to solve global problems,Bloomberg has release the list of world’s 500 wealthiest people in the world…
US regulator permit Banks to use Crypto for payments
Since their inception, cryptocurrencies have been considered particularly volatile investment instruments when it comes to their price. That’s led to…