ABUJA — The Securities and Exchange Commission (SEC) has cautioned Nigerian celebrities and social media influencers against promoting digital asset platforms and meme coins that are not registered or licensed. …
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Nigeria, Binance in early-stage talks for the first virtual free zone in west Africa
The Nigeria Export Processing Zones Authority (NEPZA) is in discussions with crypto exchange Binance and technology infrastructure company Talent City to create a digital city, referred to as a “Virtual …
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On Wednesday, Tesla said its digital assets have shrunk to $218 million, and that a Bitcoin impairment hurt second-quarter profitability. Tesla sold a significant chunk of its stake in Bitcoin, …
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Bitcoin dropped below $20 000 for the first time since December 2020 as evidence of deepening stress within the crypto industry keeps piling up against a backdrop of monetary tightening. …
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Bitcoin traded below $25,000, a price point, not seen since December 2020 as the market selloff seen throughout the year continues; Over 180,000 crypto traders lost approximately $520 million. Many …
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Friday, 10th June 2022: The exchange rate between the naira and the US dollar closed at N421.25/$1 at the Investors and Exporters (I&E) window. Naira recorded a marginal gain against the …