Tag: Cryptocurrency

Cryptocurrency: Godwin Emefiele Honours Senate’s Invitation

The CBN Governor, Godwin Emefiele has arrived at the National Assembly to honour the invitation by the Senate Joint Committee on Banking Insurance and other financial institutions, to brief on…

El Salvador is First Country to Approve Bitcoin as Legal Tender

Central American nation, El Salvador is set to adopt leading cryptocurrency, Bitcoin as a legal tender. This was declared by El Salvador's President, Nayib Bukele, making it the first nation…

Daily Report

Fred Schebesta: The Businessman Giving Bitcoin to People Who Take COVID-19 Vaccines

Fred Schebesta giving Bitcoin people who take Covid-19 Vaccines Attempting to stimulate the COVID-19 vaccine rollout, a local millionaire vowed to give away a certain amount of Bitcoin to all…

Daily Report

China Declares All Crypto Transactions Illegal

China’s central bank on Friday said all financial transactions involving cryptocurrencies are illegal, sounding the death knell for the digital trade in China after a crackdown on the volatile currencies.…

Daily Report

Man Loses His Entire ‘$500,000’ Savings In Cryptocurrency After Trader Died With Password

A man has narrated how he lost all of his life savings after investing the entire amount with a cryptocurrency trader who died in 2018. The man identified as Tong…

Daily Report

5 Best Investment Opportunities in 2023

Knowing the best Investment opportunities in Nigeria is a skill one must arm themselves with at all times. In 2023, investment opportunities abound. The need for investment dawned on Nigerians…

CBN Reverses Crypto Currency Ban

The Central Bank of Nigeria (CBN) has reversed its ban on crypto assets in the country. The reversal order was contained in a circular dated December 22, 2023, with reference…

Naira Crash: FG Stops Access to Crypto Firms

In an effort to combat what it perceives as ongoing manipulation of the forex market and illicit fund movements, the Nigerian government has decided to stop the online platforms of…

Binance Exit: Reps To Investigate Cryptocurrency, Others

The House of Representatives has decided to launch an investigation into various aspects of the digital landscape, including cryptocurrency. According to it, the investigation aims to assess the current state…

Binance Accuses Nigerian Officials of $150m Bribe Demand

Cryptocurrency company Binance has alleged that Nigerian government officials demanded a $150 million bribe in cryptocurrency to resolve criminal charges against the company. The accusation was made by Binance Chief…