CBN
Banking Cryptocurrency

SEC Says No Contradictions With CBN Memo to Restrict Crypto Transactions

The Securities and Exchange Commission (SEC) has finally commented on the Central Bank of Nigeria (CBN) circular ordering banks and

CBN
Banking Cryptocurrency Government

Senate Invites CBN Governor, DG SEC Over Cryptocurrency Ban

The Senate has directed its Committees on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes and Capital Market to

Tesla
Automobile Bitcoin Cryptocurrency Technology

Tesla Buys $1.5 bn Worth of Bitcoin As Price Surges to $44,000

Tesla, co-founded by Elon Musk, has announced that it has bought $1.5 billion worth of bitcoin. In a filing with the Securities

CBN
Cryptocurrency

CBN’s Order To Banks To Immediately Close All Crypto Accounts Shows That Nigeria Is Being Governed By Technophobic Leaders

The Central Bank of Nigeria (CBN) in a rather surprising and shocking move has ordered banks, non-bank institutions, and other

NSE
Innovation Internet

NSE Launches X-PO, an Online Platform For Public Offerings Subscription

The Nigerian Stock Exchange (NSE) has announced the launch of X-PO, an online platform for the subscription of public offerings

Chaka
Business Legal Startup

Chaka Assures Investors of Their Funds Following SEC’s Restraining Order

Chaka Technologies Limited, a Nigerian fintech startup, has responded to an order secured by the Security and Exchange Commission from

SEC
Business Legal Startup

SEC Restrains Chaka Technologies From Stock Trading

The Security and Exchange Commission (SEC) on Thursday 17th December 2020 secured interim Orders from The Investments and Securities Tribunal,

HO corn
AgricTech Entrepreneurship Social Media Startup Twitter

After Promising Unbelievable ROI, HO corn Disappoints Subscribers With Delayed Payment of Dividend

The media hype around HO corn was so much that perspective subscribers will abandon their sixth sense and simply invest

Bitcoin
Bitcoin Cryptocurrency Government

SEC Begins Regulation of Cryptocurrency Assets to Ensure Transparency

Nigeria’s Securities and Exchange Commission (SEC) has announced that it will commence the regulation of trade in cryptocurrency assets to

Jumia
Africa Business Ecommerce

Jumia Debunks Fraud Allegations that Sunk its Shares

Jumia, the Africa-ecommerce company, has refuted allegations of fraud levelled against it by Citron Research’s Andrew Left. Responding to claims