CRYPTOCURRENCIES

FairMoney, a financial service provider in Nigeria that offers its users an easy and stress-free access to credit, savings and investments, has announced the launch of its redesigned mobile banking app home page. This revamp is aimed at providing its users with a more seamless and innovative banking experience. The …

President Muhammadu Buhari has apologised to Nigerians over the cash crunch caused by the naira redesign policy.He also begged the people of Kaduna State to vote for the gubernatorial candidate of the APC, Senator Uba Sani. The President, who spoke in a viral video in Hausa yesterday, said the naira …

The Kaduna State Governor, Nasir El-Rufai, has alleged that the Naira redesign policy was the plan of the Peoples Democratic Party to win the 2023 general elections. He added that the CBN governor, Godwin Emefiele, deceived the president into assenting to the policy. He made this known in a live broadcast …

– The Derendants ought not to be heard when it has refused to obey the orders of this Honourable Court. – The disobedience of the orders of the Court is a sign of the failure of rule of law. This suit has merits. Reliefs granted: 1. The demonetisation policy is …

The Supreme Court on Friday ordered that old N200, N500, N1,000 notes remain in circulation till December 31, 2023. The apex court also nullified the Federal Government’s naira redesign olicy, declaring it as an affront to the 1999 Constitution. Justice Emmanuel Agim, who read the lead judgement, held that the …

The Central Bank of Nigeria (CBN) has appointed Dr Isa Abdulmumin as the Acting Director, Corporate Communications Department. Abdulmumin takes over from Mr Osita Nwanisobi, who has retired from the apex bank.Until his appointment, Dr Abdulmumin was a Deputy Director in the Corporate Communications Department. He has been a dedicated …

The Central Bank of Nigeria (CBN) has denied plans to shut down banking services ahead of Saturday’s presidential election.Reports had emerged that banking services will be shut down from Thursday, February 23 to Monday, February, 27 2023 The tweet reads, “Go and stock your home.Anyhow you can get money between …

The Supreme Court on Wednesday adjourned judgement in the new naira policy suit to March 3, 2023.With the apex court’s decision, Nigerians, especially consumer and business groups as well as professional and trade unions looking up to the apex court for a favorable judgment (today) that they expect will ameliorate …

Introduction The world of finance has been transformed dramatically in the last decade with the advent of digital currencies, popularly known as cryptocurrency. With their decentralized and secure nature, cryptocurrencies have become an attractive alternative to traditional forms of currency, providing users with greater privacy and control over their funds. …

Following the directive of President Muhammadu Buhari that Nigerians should take old N500 and N1000 notes to the Central Bank of Nigeria (CBN), many thronged offices of the apex bank across the nation on Friday. As early as 1am, people had lined up in front of the CBN office in …