Nigeria’s Vice President Yemi Osinbajo has voiced his concern over Nigeria’s central bank’s approach to the evolution of cryptocurrency in Nigeria. Speaking at the Bankers Committee Vanguard on Friday, Prof. Osinbajo said Nigeria “needs to act with knowledge not fear”…
E-commerce firm Jumia released its Q4 report on Wednesday showing 12% gross profit increase year-on-year despite pandemic-induced market woes. Although compared to 2019, the growth was slower; the online marketplace reported adjusted EBITDA loss decreased by 47% year-on-year. Highlights of…
Following the events of past weeks involving Facebook and the Australian government, the social media company has announced a plan to invest $1 billion in support of the news industry for the next three years. Google was the first to…
China has taken a step further in its quest to boost yuan through its sovereign digital currency. SCMP reported that Beijing has joined Hong Kong, Thailand and the United Arab Emirates (UAE), along with the Bank of International Settlements (BIS),…
Facebook on Tuesday announced it is rescinding its decision to block news in Australia. The social media platform made the announcement after negotiating changes with the Australian government on the proposed legislation that would compel it to pay publishers for…
