Institutional interest in digital assets grows as spot Bitcoin ETFs gain approval and market dynamics shift.Key Takeaways The approval of spot Bitcoin ETFs is facilitating regulated institutional investment in digital assets. Bitcoin reached $100,000 for the first time, increasing its ...
Read More »🇳🇬 Nigeria’s Economic Growth Quickens to 3.46% Y/y in Q3
Nigeria’s economy grew 3.46% year on year in the third quarter of 2024, quicker than in the first two quarters of this year, statistics agency data showed on Monday. Despite the pickup in economic growth, from 3.19% in the second ...
Read More »Bitcoin surpasses Silver in Market Cap
Bitcoin has surpassed silver in market cap but is still just 1/5 the size of natural gas. The goal is to be the GOAT. No 1.
Read More »Ghana honours monarch’s silver jubilee with crypto stamps linked to NFTs
Ghana’s national postal service has taken the silver jubilee of its king’s coronation to a new level by creating crypto stamps linked to unique nonfungible tokens (NFT) that are verifiable over the blockchain. This move will enshrine the memory of ...
Read More »Nearly 200K BTC have been absorbed by the 9 spot ETFs since January 11, 2024!
For some, this is something Bullish. For others, this may pose a major risk for the Bitcoin revolution, because so many BTC will no longer be usable in P2P for everyday payments. Regardless, this figure should be put into perspective ...
Read More »Zenith Bank Pls denies the arrest of its Managing Director
Zenith Bank Plc has denied reports that its Managing Director, Ebenezer Onyeagwu was arrested by the Economic and Financial Crimes Commission (EFCC). In accordance with a record issued by the lender, it noted that the reports of the arrest were ...
Read More »CBN dissolves boards of Union Bank, Keystone Bank, & Polaris Bank
The Central Bank of Nigeria (CBN) has officially dissolved the Board and Management of three prominent banks — Union Bank, Keystone Bank, and Polaris Bank. The press release dated January 10, 2024, indicates that action was due to the banks’non-compliance with critical regulatory ...
Read More »Bitcoin Breaks $40K for the First Time in 18 Months
The price of Bitcoin (BTC) hit $40,000 on Sunday for the first time in 18 months, while Ethereum (ETH) rose past $2,200 amid a broader – if subdued – rally in the crypto markets.Bitcoin’s price had been toying with the ...
Read More »Nigerian Naira to Dollar exchange rate record over 5 decades (1972-2023)
Nigerian Naira to Dollar exchange rate record over 51 years (1972-2023)- Have you any idea once ever, Nigerian Naira was higher compared to the American Dollar? The economy of the giant of Africa, Nigeria has for a long time experienced good ...
Read More »Multibillion dollar FX fraud: Olam Nigeria pays ₦1billion bail bond to secure release of director
Olam Nigeria Limited has paid a huge bail bond of N1billion to secure the release of one of its directors, Prakash Kanth. The payment was made into a special recovery account operated by the State Security Service, SSS. Other top executives ...
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