The naira stabilized following NNPC’s $3 billion loan deal with Afreximbank
The funding is expected to be used to support the federal government in its efforts to stabilize the naira.
News
Bybit partners with Riskbloq to integrate crypto trading for users
Riskbloq CEO says regulatory clarity in South Africa is helping more investors pivot to crypto assets.
Expert warns that banning bitcoin mining could hurt crypto adoption in Angola
However, he believes the Angolan government should merely regulate rather than prohibit all forms of crypto-mining activities in the country.
Cardano’s builder launch two-month blockchain training program in Nairobi
The training will focus on aspiring blockchain developers in Nairobi, Kenya.
African DeFi lenders need to partner with traditional institutions to scale, says Jia co-founder
Cheng Cheng, COO and co-founder of DeFi lending platform Jia, believes that support from big financial institutions will help scale DeFi loans in Africa.
Blockchain-based carbon credit project receives $250,000 investment from EMURGO Africa
The project, Changeblock, uses blockchain for carbon trading, letting companies offset excess emissions via verified reduction projects.
Nigerian bureau de change union asks the government to ban Binance
ABCON believes the continued operation of Binance in the country threatens the naira’s stability.