CBN Releases Guidelines To Nigerian Banks To Govern The eNaira Project


Aug. 30, 2021, 1:17 p.m.

Since the eNaira is a national critical Infrastructure, its system will be subjected to comprehensive security checks, and all data and personally identifiable information will be kept off the ledger and not be stored on the ledger.

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Binance Ranks Nigeria As The Leading Country Per Capita For Bitcoin And Cryptocurrency Adoption In The World


Aug. 16, 2021, 10:19 a.m.

Notably, Vietnam ranked second by adoption as the nation of nearly 100 million has also seen huge demand in crypto, with activities varying from trading and P2P to payments and other utilities.

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A Nigerian Internet Scammer Is Becoming An Action-movie Villain


Aug. 13, 2021, 10:33 a.m.

He made millions of dollars by impersonating businesses, flaunting his wealth on Gucci-laden Instagram posts and Snaps, filled with motivational captions.

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Nigeria’s Twitter Ban Will Soon Be Lifted Information Minister Says


Aug. 12, 2021, 3:40 p.m.

"The ban on Twitter will soon be lifted as we are getting close to reaching full agreement," Mohammed told reporters after a cabinet meeting. "We have agreed on some areas. Hopefully in the next few days or weeks we will conclude."

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PHOTO - Fuel-flexible Wärtsilä 34DF engine generators will modernise power generation at the captive power plant of Nigeria’s largest food and agro allied company Flour Mills Nigeria © Flour Mills .jpg

Wärtsilä Will Enable Leading Nigerian Food Companies To Modernize Their Power Generation Facilities To Meet Everyday Production Needs

Press Release

July 29, 2021, 2:24 p.m.

The technology group Wärtsilä will supply fuel-flexible dual-fuel engines to extend, improve, and modernize power generation for a captive power plant at Nigeria’s oldest and largest food and agro-allied company, Flour Mills Nigeria.

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Nigeria’s Fairmoney Raises $42 Million Series B To Diversify Its Offerings


July 2, 2021, 2:40 p.m.

The credit-led neobank offers loans to individuals from USD 3 to USD 1000, ranging from days to six months. Small business loans have become a prominent service most digital banks have begun to offer in Nigeria’s retail sector, and FairMoney sees an opportunity there. From now on, the company will start servicing loans to registered SMEs in Nigeria. “We are going to delve into SME-lending and we will start offering current accounts to our customers,” the CEO of Fairmoney, Hainy, stated.

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