Samuel Nwite
AUTHOR: Samuel Nwite
US Government Moves A Step Closer to Developing A Digital Currency
The crypto-triggered evolution of Central Bank Digital Currency (CBDC) has come with a contagious wave that is catching up with economies across the globe.
On...
Nigeria’s Inflation Rate Hits 20.52% in August, The Highest in 17 Years
Nigeria’s inflation rose from 19.6% in July by 0.92 basis points to 20.52% in August, the highest in 17 years, according to the latest...
Brazil’s Fintech Unicorn, Ebanx, Makes Foray into Africa with Focus on Nigeria, South Africa...
Brazilian payments unicorn, Ebanx, has set sight on Africa in a first push to expand into new territories outside Latin America. The company announced...
Flutterwave Onboards eNaira for Merchants in Nigeria
Africa’s leading fintech, Flutterwave, has announced the onboarding of Nigeria’s Central Bank Digital Currency, eNaira, onto its platform. The payment company said merchants on...
Nigeria’s 2023 Budget to Have N12.43 Trillion Deficit – Finance Minister
Nigeria’s 2023 budget is expected to have a N12.43 trillion deficit due to import duty waivers and fuel subsidy payments, according to the Minister...