Nigeria and digital banking: a revolution still waiting to happen

At the end of 2022 the Central Bank of Nigeria launched new banknotes. At the same time it also capped withdrawal of the new banknotes. The rollout of the currency change was shambolic. But it also led people to turn to digital financial services such as the use of point of sale (PoS) machines for payments in their transactions. Digital financial services are financial services which rely on digital technologies for their delivery and use by consumers. The Conversation Africa’s Wale Fatade asks Iwa Salami, an expert in financial technology regulation and financial regulation in emerging economies, to explain the increase and its implications.

SOAD and SpaceoMix Forge Bonds For Man’s Next Frontier

By Ambassador Ebube George Ebisike It’s important to note that more than 3,000 experiments have been conducted aboard the International Space Station during the 21 years humans have been living and working in space. These experiments have provided insights helping improve life back on Earth and explorations farther into the solar system. Also Chinese scientists reported that they have conducted a first-of-its-kind experiment to produce blood stem cells in space. The stem cells were brought back to Earth by the Shenzhou 15 spacecraft after being cultured for half a month…

What do IMF really want from Nigeria

The only type of lender who willfully and knowingly lends money to people who can never realistically hope to pay it back is a LOAN SHARK. A loan shark carries out predatory lending to vulnerable people who have something that he wants. He knows you cannot pay back By Staff Reporter Historically, I’ve never been a fan of invoking neo-colonialism as a reason for the failure of African states. I have always preferred to hold the feet of African leadership to the fire instead. But sometimes, the empire makes moves…