News Update
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Showmax overtakes Netflix as Africa’s biggest streaming platform with 39% share
Showmax increased its market share in Africa to 39 per cent. This was way higher than Netflix which claimed 33.5…
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Powerball: American man sues lottery after being told $340m win is error
In a shocking turn of events, a Washington DC man, John Cheeks, is taking legal action against Powerball and the…
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Binance Forced to Adopts USDT Price Cap as FX Scarcity Worsens in Nigeria
Binance, one of the world’s leading cryptocurrency exchanges, has recently implemented a price cap on Tether (USDT) tokens in its…
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Ethiopia becomes first country in the world to ban petrol & diesel car imports
Ethiopia has made history by becoming the first country in the world to prohibit the import of petrol and diesel…
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Bitcoin Breaks $50,000: Crypto King Ascends Again, But Will the Crown Last?
The year is 2024, and Bitcoin, the cryptocurrency king, has just reclaimed its $50,000 throne. For the first time since…
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CBN stops foreign oil companies from remitting 100% of forex proceeds abroad
Naira Tightrope: CBN’s New Move Shakes Up Nigeria’s Oil Sector The Central Bank of Nigeria (CBN) has thrown a curveball…
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Nigeria’s crude production drops to 1.419mbpd, OPEC reveals
Nigeria’s Crude Oil Production Dips Slightly in January 2024 In January 2024, Nigeria experienced a marginal decline in crude oil…
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Only 11 Nigerian States Projected to Cover Worker Salaries in 2024
In the fiscal year 2024, only 11 out of Nigeria’s 36 states are projected to generate sufficient income to cover…
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Safaricom stops M-PESA transfers to unregistered users
In a recent development, Safaricom, Kenya’s leading telecommunications provider, has introduced a significant policy change impacting its widely used mobile…
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Top 5 crypto exchanges for Nigerians in 2024
In a groundbreaking move, the Central Bank of Nigeria (CBN) recently lifted the ban on transactions between banks and crypto…
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