•Chief of Defence Staff, Gen. Christopher Musa The Chief of Defence Staff, General Christopher Musa, has warned citizens in security-ravaged areas against engaging in any form of trading or transaction with terrorists, bandits and other non-state actors. The CDS who lamented that some unpatriotic elements have been trading with these groups, n...
The International Monetary Fund has advised Nigeria to ask global crypto trading platforms to register or obtain licenses to operate in the country, subjecting them to regulatory requirements. This recommendation was made in the IMF’s latest staff report, released on yesterday, following the conclusion of its 2024 Article IV consultation with ...
•NoOnes CEO, Ray Youssef The Chief Executive Officer of one of the leading cryptocurrency platforms in Nigeria, NoOnes, Ray Youssef, has revealed that peer-to-peer popularly known as P2P is probably like $500bn business in Nigeria alone. Youssef said this in an interview with Techpoint Africa on the heels of an imminent ban on cryptocurrency i...
The federal government has moved against online platforms of Binance and other cryptocurrency firms over alleged manipulation of the forex market. Binance is a digital assets platform which serves as a window for peer to peer transaction allowing users to advertise interest to sell or buy currencies of their choice, reports The Nation. On Febr...
Financial experts say the naira may hit N2000 to a dollar exchange mark in a matter of months considering how the currency continues to depreciate both at the official and parallel markets despite efforts being made by the Central Bank of Nigeria (CBN). The naira was N1,120/$ on December 31, 2023. It went down to […]

