The Naira Crisis – Crypto Naira

A few days ago, I found myself pondering over the perplexing question: “How did the Naira transform into a cryptocurrency?” The dynamics of the traded value of USDT/NGN began exhibiting characteristics akin to those typically observed in highly volatile cryptocurrencies. Observing the Naira hovering around N1500, I commenced gathering data on the traded value and […] More

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MTN Group, Mastercard sign agreement to boost mobile money in Nigeria, others 

MTN Group and Mastercard have signed a multi-market agreement that will set in motion a new era of collaboration to connect millions of people and small businesses across Africa with digital tools to transact through secure mobile payments.   With MTN’s overall subscriber base at 290 million and 60 million active monthly MoMo (Mobile Money) wallets, […] More

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