News Update
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FG to spend N100 billion on school feeding programmes in 2024
President Bola Tinubu has unveiled a significant milestone in the recently approved 2024 budget, allocating N100 billion for school feeding…
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Bitmama Resumes Fiat Deposits
Nigerian cryptocurrency exchange, Bitmama, has successfully resumed fiat deposits on its platform after a temporary suspension earlier this month. The…
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Nigeria’s Central Bank Lifts Cryptocurrency Transaction Restrictions: Introduces stringent customer checks
Nigeria’s Central Bank has recently reversed the two-year prohibition on cryptocurrency transactions, marking a significant shift towards a more favorable…
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PalmPay launches new security version with enhanced KYC following CBN directive
Leading fintech firm PalmPay has unveiled an enhanced security in-app version, marking a significant stride in compliance with the Central…
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Nigerians Toast to a Spirited Year: Alcohol Consumption Hits $2.68 Billion, Surpassing 13.3% of National Budget in 2022
In the face of Nigeria’s economic challenges, a recent report reveals a surprising surge in alcohol consumption, with Nigerians collectively…
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Flutterwave acquires money transfer licenses in 13 US states, now operates in 29 states
Flutterwave, the foremost payments technology company in Africa, has proudly declared its acquisition of money transfer licenses for 13 U.S.…
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All you need to know about Nasir El-Rufai’s $100 Million Venture Capital Fund
Former Kaduna state governor, Nasir El-Rufai, is set to revolutionize Nigeria’s startup landscape with a $100 million venture capital fund.…
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NIN and BVN: Nigeria Implements Stricter KYC Measures from April 2024
Starting from April 2024, Nigerian financial institutions are required to enforce more stringent Know Your Customer (KYC) measures. Customers seeking…
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How to register as an unemployed person in Lagos, Nigeria
Key highlights The National Directorate of Employment, NDE, mandated by the Federal Government yesterday, began the registration of unemployed persons…
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Bitcoin Surges to $41,000 for the first time in 19 months
In a remarkable turn of events, Bitcoin, the flagship digital asset, has once again surpassed the $41,000 mark for the…
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