News

The Central Bank of Nigeria recently issued a new directive that any Nigerian exporters who refuse to repatriate its export proceeds will be barred from all banking services from January …

The price of Etherum’s ether soared to record levels on Sunday. Prices hit $1,454.32 – topping the previous all-time high of $1,439.33 set only last week – before settling back …

Nigerian carrier, Air Peace reopens its airspace operations to Dubia after a 12 months suspension. Prior to this announcement, United Arab Emirate imposed a restriction on flights from Nigeria at …

A major darknet marketplace known for stealing credit cards on the darknet has announced shutting down its services. According to a recent report from the administrator Jokerstash, he said “It’s …

Access Bank Plc, Nigeria’s largest lending financial institution identifies 8 African countries for potential expansion as it takes advantage from a continental-wide free trade pact. Access Bank plans to extend …

Zimbabwean banks have shut down  17% of their branches as an escalation in the number of coronavirus infections spurs lenders to shut their doors for the time being and accelerate a digitisation drive. Of the 300 branches in …

Researchers at the International Monetary Fund (IMF) have reviewed the central bank regulations of 174 IMF members to respond to the concern of whether a digital currency is really money. …

Rain Financial Inc., which operates a crypto-asset platform used mainly in the Middle East and North Africa, raised $6 million, securing backing from Coinbase Inc., the biggest cryptocurrency exchange in …

South African Breweries, part of Anheuser-Busch InBev, has cancelled the sum of 2.5 billion rand ($165 million) of investment earmarked for 2021 following a third local ban on alcohol sales …

Following the payment giant announcement in October that its 346 million active users can now buy, hold and sell bitcoin and other digital assets using their PayPal account. Analyst forecast …