Nigerian banks given the nod to facilitate $56.7b crypto transactions.
In its most recent circular, Nigeria’s central bank said that it has lifted the prohibition on cryptocurrency transactions, citing the need to regulate these activities
Global News, Breaking News, Economic, Business, Energy, Global Markets,
Apple overtakes Nvidia to become the world’s most valuable company as investors reassess AI’s impact.
JPMorgan, led by Dimon, is poised to become the first bank globally to surpass $1 trillion in assets.
BlackRock’s assets reached a record $15 trillion thanks to ETF inflows and strong markets.
Stripe, Advent bid to acquire PayPal for over $53 billion.
Hungary’s Magyar Fejlesztési Bank gets a €2 billion capital injection with the EU’s approval.
SoftBank, PayPay to rescue Seven & I with $2 billion investment.
UK to regulate BigTech firms to safeguard financial stability.
Swift launches a blockchain ledger with an initial 16 banks to move “tokenized” funds 24 hours a day.
Bank of England says AI poses a growing threat to financial stability.
Korea’s SK Hynix launches a $28 billion US listing, capitalizing on the global AI revolution.
In its most recent circular, Nigeria’s central bank said that it has lifted the prohibition on cryptocurrency transactions, citing the need to regulate these activities
About 240 million personal computers (PCs) could be disposed of as a result of Microsoft Corp.’s decision to discontinue support for the Windows 10 operating
Following seven fatalities from ingestion of the Chinese vendor Doraemon’s magnetic ball sets due to their loose, dangerous magnets, the U.S. Consumer Protection Unit issued
The Saudi-led club of oil producers, OPEC, has been trying in recent months to get support for more output cutbacks aimed at maintaining oil prices.
A senior games executive stated that Sony is witnessing great momentum for its PlayStation 5 platform, with lifetime sales surpassing 50 million units and the
The European Union came to an early agreement on new regulations on Wednesday. These regulations aim to limit the number of immigrants entering the country
The European Central Bank announced on Tuesday that it had increased capital requirements for twenty banks, citing a lack of reserves for defaulted loans as
Coffee importers in the EU are beginning to reduce their purchases from small farmers in Africa and other regions in anticipation of a historic EU
One CEO resisted, stating they did not want to be stuck with a warehouse full of rockets when the fighting stopped when the Pentagon summoned
Nissan Motor announced on Sunday that it will market electric cars (EVs) made in China throughout the world. The company recently signed an agreement with