Nigeria Financial News

The e-naira continues to generate controversy on its adoption rate, use cases, and more recently, claims by some observers on the threat it poses to the economy.

The Central Bank of Nigeria (CBN) had to publicly insist that their project, one of the world’s first operating central bank digital currencies (CBDC), doesn’t threaten the country's financial stability. 

New Delhi: In a bid to strengthen direct connectivity between India and Uganda, the state carrier Uganda Airlines plans to offer direct flights to Delhi and Chennai. The move aims at tapping the demand potential across the Indian community with trade links in Uganda along with leisure traffic, a senior executive at the airline told Mint in an interaction. The airline will launch its first direct flight with the Indian market on 7 Oct with a direct flight between Mumbai and Entebbe.

Nigerian government workers are continuing their work after last-minute efforts by authorities averted a nationwide strike to protest growing hardship which could have shut down government services in Africa’s most populous country

Press Release: Two high-profile influencers sign for the world’s favorite crypto sportsbook through ‘Join the Crypto Experience’ ambassador scheme.

Real Madrid at the Stadio Diego Armando Maradona on Tuesday in what promises to be one of the most captivating matches of this week's Matchday 2 in the UEFA Champions League group stage. Napoli emerged victorious in their opening game against Braga, while Real Madrid secured a win against Union Berlin thanks to Jude Bellingham's late goal. Carlo Ancelotti's squad is anticipated to maintain its lineup against Napoli, with Aurelien Tchouameni and Eduardo Camavinga partnering with Toni Kroos, while Jude Bellingham operates in an advanced midfield role to provide support for Rodrygo and Vinicius Jr. Napoli is expected to line up in a 4-3-3 formation, featuring Kvicha Kvaratskhelia and Matteo Politano as wingers and Nigerian forward Victor Osimhen leading the attack. Brazilian defender Natan is likely to pair with Leo Ostigard in central defense.

crypto landscape is evolving with a huge potential for financial inclusion across the world. Bitcoin might be king here, but that hasn’t deterred Nigerian princes from sprouting in large numbers. Imagine a scenario where someone promises you a 10x return on your Crypto investment, or offers you a native token or coin at what they claim is a nominal price but has the potential to become the next blue chip token, before they swindle funds from you and disappear.

Nigeria’s leader has increased the wages of some government workers in last-minute efforts to appease labor unions whose planned strike this week could shut down government offices in all sectors of Africa’s largest economy

crypto landscape is evolving with a huge potential for financial inclusion across the world. Bitcoin might be king here, but that hasn’t deterred Nigerian princes from sprouting in large numbers. Imagine a scenario where someone promises you a 10x return on your Crypto investment, or offers you a native token or coin at what they claim is a nominal price but has the potential to become the next blue chip token, before they swindle funds from you and disappear.

By MacDonald Dzirutwe and Libby George

Project mBridge may soon see significant expansion, according to Hong Kong Monetary Authority (HKMA) CEO Eddie Yue. He outlined the plans for the central bank digital currency (CBDC) project in a speech in Shanghai.

At the U.N. General Assembly meeting in New York, African leaders are relaying a unanimous message, that their continent of more than 1.3 billion people is done being a “victim” of a post-world war order and must be recognized and partnered with as a g...

Pankaj Tripathi and Richa Chadha as they gear up to return for the third part. The buddy comedy film franchise began in 2013 with «Fukrey» and was followed by a 2017 sequel, titled «Fukrey Returns».

GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc has selected the Finacle digital banking solution for its multi-country digital transformation program. The size and tenure of the deal was not disclosed. The lender will achieve transformation of its business across its home operations in Nigeria as well as in 10 other markets across Africa and Europe, according to the press release.

NEW DELHI : Billionaire Naveen Jindal, via a privately held unit, plans to set up a steel mill in Nigeria and a power plant in Botswana to serve the African market, two people familiar with the development said. As part of the plan, Vulcan Steel, a privately held company by the Jindal family, has decided to build a 3 million tonne per annum (mtpa) capacity steel plant, while Jindal Power Ltd, another privately held unit, will set up the thermal power unit, which will produce as much as 600 megawatts (MW) at peak capacity. The entities controlled by Jindal have secured minerals and power purchase agreements in both nations.

In the era of financial digitalization, the Chainalysis Global Crypto Adoption Index for 2023 stands as a pivotal resource, charting the nuanced ways countries are embracing cryptocurrency based on their unique socio-economic factors. 

Premier Bet Malawi is a name you might have heard a lot about before and is generally considered the leading sports betting platform in the country. In this expert guide, we will run the rule over it and help you discover if this is the best sports betting site to register with. To begin with, we will show you the current best offer for new players you can find on PremierBet’s website: ⏩Get a 100% match on your first deposit, up to 50,000 MWK⏪ Premier Bet is one of the biggest sportsbooks in Africa and a familiar name in places like Nigeria, Cameroon and Ghana.

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The web platform Opera revealed its plans to launch a non-custodial stablecoin wallet integrated into its mobile web browser which will be made available to its user base in Africa. 

Adobe, IBM, Nvidia and five other companies have endorsed U.S. President Joe Biden's voluntary artificial intelligence (AI) commitments, including watermarking AI-generated content.