By Juliet Umeh A new mobile app that allows instant exchange of crypto currency with the naira and other currencies in the globe has debuted in Lagos, courtesy of Tradefada Nigeria Limited. This, according to Managing Director and Chief Executive Officer of the Company, Mr. Seun Dania will bring the needed change and confidence to […]

Turkish prosecutors on Friday issued detention warrants for 78 suspects over their alleged involvement in a cryptocurrency exchange fraud, local media reported. Police units have so far detained 62 suspects in operations conducted in eight provinces, the Haberturk daily said on its website. The investigation into the fraud was initiated after the founder of the […]

Turkey’s central bank on Friday prohibited the use of cryptocurrencies such as bitcoin for purchases, citing transaction risks. The ban would be effective as of April 30, the central bank said in legislation published in the Official Gazette. The new regulation prohibits transfer of cryptocurrencies for purchases or services. The central bank said the ban […]

In a nation where a 9-5 job is squarely for the strong willed and determined, the ideology of venturing into a dual means of income is somewhat productive. These acts would fairly meet the needs of an average Nigerian. It is of no doubt; Nigerians have been ranked one of the top nations in the […]

By Prince Osuagwu Nigeria’s present disposition on cryptocurrency may not stand for too long. This is as almost all world economies are adjusting their trade activities to accommodate crypto transactions. The means of payment is also attracting new investors and appreciable use cases. Cryptocurrency, sometimes, simply called crypto, is a digital currency that can be […]

We all have investments in various markets, but do we take time to research those markets before we put our money there? Do we keep up with trends in the market during the period of our investment? Research is a necessary aspect of any investment, argues Jack Skipp, an entrepreneur, and businessman. Jack Skipp is […]

Vice President Yemi Osinbajo has called for the regulation of cryptocurrency in Nigeria, as against the prohibition of the digital currency. Speaking at the Bankers Committee Vanguard on Friday, Prof. Osinbajo who spoke on a range of issues, touched on the issue of cryptocurrency. “On the very topical issue of blockchain technology, digital assets, and […]

An economist, Tope Fasua, has advised the Central Bank of Nigeria, CBN, to float a sovereign digital currency given the rise in value and global acceptability of cryptocurrencies.

By Henry Umoru THE Independent Corrupt Practices and Other Related Commission, ICPC Tuesday told the Senate that the #EndSARS protest was largely financed by cryptocurrency. Bolaji Owasanoye, Chairman ICPC, said there are strong indications that it could be used to fund Insurgency. Speaking on Tuesday in Abuja during an interactive session with Senator Uba Sani, […]

By Emeka Anaeto, Business Editor The furore over the ban on Crypto currency by the Central Bank of Nigeria, CBN, three weeks ago may appear to have settled, but Vanguard Public Finance findings indicate that the battle may have been over just temporarily and the war is actually still raging. Put differently, the battle ground […]

The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have agreed to collaborate and conduct research with a view to finding ways of regulating the Cryptocurrency market. They said this at a virtual lecture organised by the Association of Capital Market Academics of Nigeria (ACMAN) in Abuja on Sunday. READ ALSOInsecurity: […]

Addressing the CBN circular’s impact on her services and partnership with foreign payment solutions company; Vaunt, Patricia Technologies has assured his customers of safety and good service without flouting the regulatory body’s position. In a release signed by the company, February 18, 2021 the company assured all their customers of their funds’ safety in their […]

Traders in the cryptocurrency have called on the Federal Government to take another look at the recent ban on trading in it placed by the Central Bank of Central, CBN, saying it has provided means for many youths in the country to be gainfully employed.

The Central Bank of Nigeria, CBN, have been advised that the better approach to deriving the benefits the cryptocurrency market in Nigeria offers is to regulate not a ban. The was the submission of Senator Ihenyan, President of Stakeholders in Blockchain Association of Nigeria (SiBAN), during a chat with newsmen. Ihenyan disclosed that the association […]

Some financial experts on Wednesday in Ibadan, Oyo State, lauded the ban placed on Cryptocurrencies in Nigeria by the Central Bank of Nigeria (CBN). They told the News Agency of Nigeria (NAN) that the move was necessary considering nefarious activities that could be carried out under the guise of secrecy that shrouds cryptocurrencies. Mr Tunji […]