Policy
Nigeria’s Central Bank Lifts Key Rate to 18.5% in an Unprecedented Move
Since May 2022, the Central Bank of Nigeria has lifted key rates by 700 bps.
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Crypto
Crypto Exchange Comes Up with Dubious Stablecoin to Refund Clients
Patricia's newly launched token has raised concerns regarding a potential exit scam.
Crypto
Nigeria Approves Policy to Build a Blockchain-Powered Economy
Nigeria cited a PwC report suggesting that blockchain technology could add $1.76 trillion to the global GDP by 2030.
Crypto
Regulators Approve Tokenized Real-World Assets in Nigeria
Nigeria will demand from digital exchanges to go through a year of "regulatory incubation."
Banking
Why is Bitcoin Trading at $37,899 in Nigeria?
Nigeria is going full cashless, creating Bitcoin premium illusion in the process.
Crypto
Bitcoin This Week: Nigeria’s 60% Premium, Best January in 10 Years, Macro Outlook
Bitcoin is up by around 40% over the past month, marking its second-best January in the past ten years.
Crypto
Algorand Funds Hit $20M in Weekly Inflows: New Products, Partnerships Announced
Inflows into Algorand-based institutional investment products reached a new high of $20 million last week.
Personal Finance
Nigeria Planting Agents on P2P Trading Platforms In Crypto Crackdown
With banks banned from making crypto transactions, some believe peer-to-peer platforms have been infiltrated.
Crypto
Nigeria Follows Bahamas and China With CBDC Rollout
Africa's largest economy launches its CBDC alongside a currency app and a merchant wallet.
Crypto
How Nigeria’s Soaring Inflation Demonstrates a Real-World Use-Case for Bitcoin
As life finds a way, so does cryptocurrency as the only form of sovereign money detached from the foibles of rulers.
Crypto
Bitcoin Trades Above $70k in South Korea: Kimchi Premium Explained
Those who can pour unlimited money into financial assets, while deregulating competing assets, have unlimited power.
Policy
Central Bank of Nigeria Halts Forex Access on Corn Imports
How will this impact the Forex market?