30 results
- 26 Sept 2012
CBN Recants, Says No Plans for Coins ATMs
Central Bank of Nigeria (CBN) last night said it has no plans at least for now to introduce the now controversial coin-dispensing machines saying that as a regulator, it can only help create the…
- 24 Sept 2012
Nigeria Coins ATM is World’s First
Nigeria will make history as the first country in the world if she goes ahead with the introduction of cash machines that dispense coins, Nigeria CommunicationsWeek investigations has shown. There is…
- 13 Mar 2014
Low Purchasing Power Chasing Coins out of Circulation – CBN
Dr. Sarah Alade, acting governor, Central Bank of Nigeria (CBN) has said that that the low purchasing power of the coin as opposed to other currency denomination is a major reason for its limited…
- 21 Oct 2025
SEC Asks Nigerians to Avoid Shalom Coin over High Fraud Risks
Securities and Exchange Commission (SEC) has issued a warning to the public about a cryptocurrency called Shalom Coin (SHLM), which is being advertised as a potential investment token issued on the…
- 31 Oct 2024
Coins Launches to Empower Nigerians in Diaspora with Affordable Remittances
Bamboo, the investment platform enabling Africans to invest globally through real-time access to global markets, has announced the launch of its remittance app, “Coins by Bamboo.” Backed by the…
- 30 May 2024
Davido's '$Davido' Meme Coin Is A 'Crypto Scam' Buy at Your Peril - Rume Ophi Warns
One of Nigeria's foremost crypto-evangelists and prominent voices in the cryptocurrency space has come out swinging against Afrobeats superstar Davido's recent launch of the $DAVIDO meme coin,…
- 14 Jul 2025
Burna Boy Distances Himself from Meme Coin, Labels Crypto as Fraud
Burna Boy, Grammy-winning Nigerian artist, has publicly distanced himself from a meme coin circulating online that falsely uses his name and image for promotion. Burna Boy In a statement shared via…
- 8 Dec 2013
CBN Did Not Print N5,000 Notes, Coins – Sanusi
Mallam Sanusi Lamido Sanusi, governor, Central Bank of Nigeria (CBN) has denied printing the controversial new N5,000 notes and coins that the National Asembly had earlier stopped the apex bank from…
- 28 Aug 2018
How and Why Obafemi Awolowo Coined the Term Naira
Chief Obafemi Awolowo coined the term Naira- Nigeria’s currency when he was the Federal Commissioner for Finance between 1967 and 1971, according to Tokunbo Awolowo, the daughter of the late age.…
- 8 Jun 2025
SEC Flags ‘Punisher Coin’ As High-Risk Scheme
The Securities and Exchange Commission (SEC) has issued a strong advisory, warning the Nigerian public against participating in the presale or promotion of a new cryptocurrency known as Punisher…
- 16 Jun 2024
Investing in $Davido Coin is Highly Risky- SEC Warns Nigerians
Federal government has warned Nigerians against investing in the crypto token of David Adeleke, better known as Davido, music star. Last month, Davido announced the launch of the crypto token or…
- 18 Jun 2025
SEC Flags Zugacoin, Samzuga GPT as High-Risk Meme Coins
Securities and Exchange Commission (SEC) has declared Zugacoin and Samzuga GPT—along with their variants SZCB and SZCB2—as unlicensed and unauthorized to operate within Nigeria’s capital market. This…
- 20 Feb 2024
PalmPay’s Efforts at Curtailing Cyber Fraud: Two Sides of the Same Coin
The financial inclusion rate in Nigeria has improved. Since the country adopted an inclusion strategy in 2012, adult Nigerians with a bank account have increased, and now account for more than…
- 23 Jan 2017
NiRA Hints on How to Coin Domain Name, Cites 10 Examples
As 2017 interesting domain names countdown commences, the Nigeria internet Registration Association (NiRA) has even disclosed the innovators in the area up to 2016. According to Rev’ Sunday…
- 17 Aug 2017
Cryptocurrency: Konga Denies MoPAS MarketPlace Acclaimed Partnership
Konga Online Shopping Limited has denied MoPAS MarketPlace's acclaimed partnership for The Billion Coin (TBC) acceptance in Nigeria. The Billion Coin is one of the global digital currencies…
- 3 Apr 2018
African Cryptocurrency Coming Soon
Trapeace Holdings, in partnership with a Korean-based development team and Singapore-based ICO (Initial Coin Offering) marketing firm Cornet PTE LTD, intend to develop and launch a crypto-currency…
- 25 Feb 2020
Luno Introduces Ripple
In 2019 Luno promised that more coins would be available and close on the heels of Bitcoin Cash being introduced, Ripple XRP will now be launched, expanding the Lunoverse for all customers. Ripple…
- 29 Mar 2021
Visa to Accept Cryptocurrency for Transactions
Visa Inc, an American multinational financial services corporation, announced on Monday that it will permit the use of the cryptocurrency USD Coin to settle transactions on its payment network, a…
- 21 Mar 2014
Jim O’Neil Speaks as Airtel Premier Debuts on Sunday
Terence James "Jim" O'Neill, foremost British Economist and honourary Professor of Economics at the University of Manchester, who is best known for coining BRIC, the acronym that stands for Brazil,…
- 28 Jun 2015
DJ Cuppy Back with Pioneering New Mixtape
DJ Cuppy, international DJ, producer and entrepreneur, pioneering a new genre of music that fuses house and afrobeat, coined 'Neo-Afrobeat', has launched her mixtape on Soundcloud and HulkShare, via…
- 25 Mar 2014
Jim O’Neill at AFC Live Lists 4 Agenda for Africa’s Development
Jim O’Neill, renowned economist who coined the ‘BRIC’ and ‘MINT’ acronyms, declares the African infrastructure divide, ‘both a defining challenge and a standout investment opportunity of our…
- 27 May 2024
Tapswap Server Reportedly Breaks Down Due to Overcrowding from Nigeria
TapSwap, a well-known cryptocurrency platform where users can engage in games to accumulate coins for later conversion into actual currency, has allegedly experienced a malfunction. This information…
- 24 Oct 2017
Banks Panic over Cryptocurrency -''Biggest Scam Ever''
Jordan Belfort has branded Initial Coin Offerings (ICOs) the 'biggest scam ever'. Cryptocurrency expert and founder of London firm CommerceBlock disagrees and said the old guard of banking and…
- 20 Aug 2024
UK Donates Counter Insurgency Training Facility to Nigerian Army
United Kingdom (UK) has donated a Counter Insurgency (COIN) training facility to the Nigerian Armed Forces, to help enhance the reality of their training and better prepare the force for its future…
- 6 Aug 2012
Tough Call against Mobile Phone on Wheel
Use of mobile phone when driving or riding is dangerous. They are opposite sides of a coin. Cell phone technology is supposed to help us carry out the tasks of daily life but using it while driving…
- 18 Mar 2026
Nigeria tops global rankings for USDT, USDC ownership
Nigeria has ranked first globally in the ownership of the two largest stablecoins, Tether (USDT) and USD Coin (USDC), reflecting the country’s growing reliance on dollar-linked digital assets. USDT,…
- 11 Jan 2023
Top Digital Marketing Personalities in Nigeria 2022
In the 1990s, the term "digital marketing" was coined, but it wasn't until the early 2000s that traditional marketers began to recognise its impact. However, digital media such as smartphones,…
- 15 Apr 2013
Money in Circulation Shrinks to N.5Tr
The total value of that currency (whether banknotes, coins, or demand deposits) that is engaged in Nigeria’s economy is N1.457 trillion as at the month of January, according to data by the…
- 29 Jul 2016
Orange Outlines Vision for Smart Metering, Solar Power, Others for MEA
Bruno Mettling, CEO of Orange Middle East and Africa (MEA), Jean-Marc Vignolles, Chief Operating Officer for Orange MEA and Ramon Fernandez, Deputy CEO and Chief Finance and Strategy Officer,…
- 5 Mar 2012
From Cowries to Mobile Money
Great ancient African empires were regional kingdoms where trade and commerce where striving before the advent of colonialism. The great kingdoms of Africa from the Ashanti Empire (Modern Ghana) to…