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IMF advises CBN on risks surrounding eNaira

IMF advises CBN on risks surrounding eNaira

The International Monetary Fund has advised the Central Bank of Nigeria to anticipate the threats that eNaira may pose to
Elon Musk sells 4.5M Tesla shares worth $5 billion

Elon Musk sells 4.5M Tesla shares worth $5 billion

Tesla CEO Elon Musk, facing a tax bill of $15 billion sold about $5 billion in shares, the billionaire reported
BITCOIN PRICE AND ETHEREUM SOAR TO NEW ALL-TIME HIGHS AS CRYPTO MARKET SURGES

BITCOIN PRICE AND ETHEREUM SOAR TO NEW ALL-TIME HIGHS AS

The price of bitcoin has hit a new all-time high on Tuesday, continuing a record-breaking rally that has pushed the overall crypto
Facebook Might Have To Pay $20 Million For The ‘Meta’ Name

Facebook Might Have To Pay $20 Million For The ‘Meta’

Last week, Facebook announced a rebranding in which they will be officially calling themselves “Meta” from now on. However, keep in
‘Squid Game’ cryptocurrency collapses in a $3 million scam

‘Squid Game’ cryptocurrency collapses in a $3 million scam

Its creators may have made off with as much as $3.38 million. A cryptocurrency inspired by Squid Game successfully enticed enough investors
eNaira Finally Goes Active Today

eNaira Finally Goes Active Today

The central bank digital currency of Nigeria, the eNaira, is set to become active today. While the talks of central
CBN introduces N500m grant for graduates, undergraduates

CBN introduces N500m grant for graduates, undergraduates

The Central Bank of Nigeria (CBN), says it will support youths in tertiary institutions with grants to promote entrepreneurship and
FG scraps DPR, PPPRA, PEF, sacks CEOs; inaugurates new regulatory agencies

FG scraps DPR, PPPRA, PEF, sacks CEOs; inaugurates new regulatory

The Federal Government on Monday effectively put an end to the existence of the Department of Petroleum Resources (DPR) the
Banks to report BVN of dead customers to NIBSS within 24 hours

Banks to report BVN of dead customers to NIBSS within

The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to report Bank Verification Number (BVN) of
Millions of users sign up to rival apps over Facebook’s outage

Millions of users sign up to rival apps over Facebook’s

When Facebook users had finished mocking the company over its calamitous global outage on Monday, October 4, many apparently flocked to rival apps