Opeyemi Quadri 
What Does Commodification of Cassava mean? The commodification of cassava refers to the process by which cassava is transformed from a simple agricultural product into a standardized commodity that can be traded in the market, often on a large scale to boost the revenue of a country. Takeaways: Commodification of cassava can involve processes like: … Read more
Olayemi Cardoso, the new CBN Governor said there is need to restore the independence and credibility of the Nigeria’s apex bank. He said this Tuesday during his screening by Senate in Abuja. “In refocusing CBN to its core mandate, there is need to pull the CBN back from direct development finance interventions into more limited … Read more
In the ever-evolving world of cryptocurrencies, innovation is key to staying relevant and competitive. For the Shiba Inu community, this innovation comes in the form of Shibarium—a groundbreaking layer-2 blockchain at https://rollercoin.com/free-shiba-inu network designed to propel Shiba Inu into the future. In this article, we will explore what Shibarium is and how it promises to transform … Read more
What is Crypto Lending? Crypto lending refers to the practice of lending cryptocurrency assets to earn interest. It operates within centralized finance (CeFi) or decentralized finance (DeFi) platforms. Takeaways: Types of Crypto Lending Centralized Platforms: Platforms like BlockFi, Celsius Network, and Nexo are centralized entities that offer crypto loans, usually with a more user-friendly experience and customer … Read more
Providing borrowers with access to funds is the main purpose of crypto loans and traditional loans, but they differ in terms of collateral, interest rates, credit checks, loan terms, access and approval. This article explores crypto lending vs traditional banking lending, looking at what sets them apart such as: What Are Crypto Loans? Crypto loans are a newer … Read more
If you’ve been following how some countries such as Qatar, Egypt, China, and Nigeria clamped down on cryptocurrency, you might be forced to ask: Does digital assets really hurt their economy? Here is the summary of what this article will cover: And of course, the goal of this article isn’t to demonize cryptocurrencies, but to … Read more
Has Tinubu returned fuel subsidy? In the month of August 2023, President Bola Tinubu-led government paid $220 million or N169,556,200,000 (at N770.71/$ rate) as subsidy payment to fix petrol price at N617 per litre, a document by Federal Account Allocation Committee (FAAC), has revealed. What does this mean? Technically, it means that fuel subsidy is back through … Read more
For the first time in the history of Nigeria, the Naira may cross over N1,000 to the US dollar by the end of September, if the pressure on the Nigerian currency continues the way it has been for the past four days. On September 18, $/N closed at N965 while € and £ closed at … Read more
What are the monetary and forex issues before the new CBN Governor ? From dollar-denominated debt obligations, reckless minting of Naira to limited reserves to defend the naira, and persistent depreciation of the Nigerian currency are some of the economic issues ahead of Olayemi Cardoso, the new governor of the Central Bank of Nigeria. He … Read more
The Central Bank of Nigeria (CBN) has launched an online platform for the submission of applications for Microfinance Bank (MFB) operations. Called the CBN Licencing, Approval and Other Requests Portal (CBN LARP), the apex bank said on Wednesday that individuals or companies will no longer have to manually submit applications to establish microfinance banks (MFB) … Read more
