Opeyemi Quadri 
Nigeria’s foreign exchange reserves have fallen to $35.63 billion, should investors be worried? The latest from the Central Bank of Nigeria (CBN) has shown Nigeria’s FX has declined, indicating the lowest level since August 2020. Nigeria’s reserves have not been impressive since the outbreak of COVID-19 pandemic. In October 28, it declined to $35.69bn from $35.74bn … Read more
PayPal announcement today that its U.S residents can buy cryptocurrencies directly within the payment platform sends a big signal to the crypto world about the acceleration of adoption of the digital coin. The latest announcement gives PayPal customers who are US-based to buy, hold and sell only four cryptocurrencies at the moment, the firm says … Read more
The Catholic Bishop of Sokoto Diocese, Bishop Matthew Hassan Kukah, said Nigeria’s political atmosphere favours criminality. He bemoaned a situation whereby the system rejects certain persons and likened it to “cashing a dud cheque.” Kukah said Nigeria will continue to experience bad governance if the status quo remains the same, “Our atmosphere favours criminality and … Read more
The chairman of Samsung Electronics Lee Kun-hee, has died early Sunday morning at the age of 78. Lee was South Korea’s richest and most powerful industrialist. Kun-hee who transformed the South Korean firm into the world’s largest producer of smartphones and memory chips, was once convicted of criminal offences, in one case bribing a president. A statement by Samsung … Read more
SARS is a special unit in the Nigeria Police Force which means Special Anti-Robbery Squad. It was created to reduce the incidence of robbery across Nigeria. However, officers of the unit turned themselves to blood-sucking vampires. They rob innocent citizens of their possession, harass anyone who asks a question and they engage in extra-judicial killings. … Read more
If you think that the founder of Ethereum is someone who had spent more than three decades in the tech space, you are definitely wrong. Though no one knows Buterin’s net worth, some cryptocurrency analysts considered him to be the richest Ethereum holder. Date of birth Born on January 31, 1994, in Kolomna, Moscow Oblast, … Read more
Until September 24, 2020, GTBank domiciliary account was the best in Nigeria, there is no gainsaying about that. But that seems to have changed following the present withdrawal issue being faced by dom account holders with the bank, they can neither make a transfer to another account or withdraw. UPDATE: Information we got from operators of … Read more
It seems the world is moving towards digital currency, making thousands of people around the world get involved, but as millions of people are embracing digital assets, how do you identify cryptocurrency scams and fraudulent Initial Coin Offerings (ICOs)? In this post, we would share with you some of the red flags to watch out … Read more
Unlike China, Sweden, and Canada, Australia says Central bank Digital Currency (CBDC) is necessary right now, says Reserve Bank, whether the country would consider it in future remains an unanswered question among cryptocurrency enthusiasts. CBDCs are on top of the agenda of several countries around the World, but according to a report, the Reserve Bank … Read more
Cryptocurrency issuers will now be required to register their digital assets with the Securities and Exchange Commission (SEC) in Nigeria Nigeria will now regulate all Digital Assets Token Offerings (DATO), Initial Coin Offerings, Security Token ICOs , and other Blockchain-based offers For those who wish to penetrate the Nigerian cryptocurrency market, there are steps you … Read more