According to the latest data from the World Bank, international money transfers into Nigeria dropped by nearly 40% from $23.8 billion recorded in 2019 to $17.2 billion in the past year. Yet despite this fall, remittances, which account for 4% of the country’s GDP, still remain an important source of foreign exchange for the oil-rich […]
The world’s first cryptocurrency has some competition on its hands as has finally reached the $3,000 milestone as its token Ether has quadrupled in price since the beginning of this year. While Bitcoin has been the world’s go-to cryptocurrency for some time now, Ethereum’s recent rise suggests that there is still room for competition as the crypto market evolves. […]
techpoint.africa In case you’re wondering what crypto is about and what you can do with it in Africa, some experts might be able to explain. But, African crypto-based startups and local exchanges are making several of its endless possibilities a reality. With the Bitcoin craze intensifying, more people have gotten on the bandwagon as speculators, […]