El Salvador Invites 44 Countries for Bitcoin Discussion, Nigeria, Ghana Make List

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President of El Salvador Nayib Bukele says 44 countries will be meeting in San Salvador to discuss how cryptocurrency can be deployed to deepen financial inclusion and digital economy. In a tweet, the president of the first country in the world to adopt bitcoin as one of its official currencies said the 44 countries include 32 central banks and … Read more

Nigeria’s SEC Releases Rule Book on Cryptocurrency and Digital Assets (Download)

Cryptocurrency And Modern World

In a bid not to be left behind in the world of cryptocurrency, Nigeria’s government has formally come up with a legal framework backing the trading of bitcoins, Ethereum, Litecoin, and Non-Fungible Tokens (NFTs) and other digital assets in Nigeria (find the download link below). The rule book issued by Nigeria’s Securities and Exchange Commission … Read more

12 Crypto Exchanges in South Africa to Buy Digital Coins

bitcoin exchanges in south africa

South Africa is one of the few African countries where there is a fair cryptocurrency policy by the government. And of course, this has triggered the interest of many citizens of the country to embrace digital currencies. Irrespective of your location whether in Limpopo, Eastern Cape, Northern Cape, Free State, and Gauteng among other provinces, there … Read more

USD/NGN Exchange Rate May 9, 2022

US dollar how to pay off business debt

As the 2023 presidential election becomes intense by the hours, it is clear that the political audacity of the governor of the Central Bank of Nigeria (CBN) Godwin Emefiele will cause more havoc to Nigeria’s monetary system. The CBN governor is more interested in succeeding Muhammadu Buhari than focusing on its primary role of stabilising … Read more

Coinbase Supported Countries in Africa

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There are 13 African countries that can use Coinbase for cryptocurrency trading, though they have varied trading capabilities. For instance, crypto buyers and seller in Ghana can convert their digital coins on coinbase. Ghanaian, South African, and Kenyan crypto buyers can use their debit and credit cards to make crypto purchases. Are you an African … Read more

What’s The Strongest Currency in Oceania?

Strongest Currency in Oceania Australia

The most-traded currencies for global transactions in Oceania are the Australian Dollar (AUD) and the New Zealand Dollar (NZD). Not just on the continent, they are the fifth and 10th on the global ranking. Also, Australia, New Zealand, and New Papua New Guinea have the largest economy in Australia or Oceania. But using United States … Read more

List of Central Banks In Africa Along With The Year Each Was Established

central banks in Africa

There are 41 central banks in Africa. While each of the independent countries has an apex bank of its own, two currency unions are associated with multinational central banks. The multinational apex banks are: West African Banque Centrale des États de l’Afrique de l’Ouest (BCEAO) and the Central African Banque des États de l’Afrique Centrale (BEAC). The members of BCEAO and … Read more

African Currencies That Are Weaker Than Naira in 2024

African Currencies That Are Weaker Than Naira

The naira started facing its toughest time, falling freely immediately after the Bola Tinubu-led government announced the floating of the Nigerian currency in June 2023. Right now, it is $/1,300 at the parallel market, and $/₦1,1328.51 at NAFEX at the close of trading on March 27, 2024. The naira has lost its value, but there are … Read more

Full List: 24 Prohibited Items By JAMB

JAMB Prohibited Items for UTME Candidates Nigeria

The Joint Admissions and Matriculation Board (JAMB) continues to update the list of prohibited items on its official website and its social media handles following different tactics used by the highly-techy candidates for the examination. Before now, JAMB prohibited items that candidates are not allowed to take into the examination hall were not up to … Read more