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ANALYSIS: Cryptocurrency Ban in Nigeria – History, Implication and Effect

A look into the ban on cryptocurrency in Nigeria by Ibrahim Moshood and Oneyka Cindy Ojogbo, Associate and Senior Associate respectively of the international law firm Centurion Law Group In a letter dated 5 February 2021[1], the Nigerian government through its apex bank – the Central Bank of Nigeria (“CBN”) – clamped down on cryptocurrencies in Nigeria. The letter specifically …

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Hanau: Germany remembers victims of racist killings, one year after

Calls for political consequences are loud as Germany commemorates the first anniversary of the racist killings in the western German city of Hanau. On 19 February 2020, a 43-year-old German shot dead nine people with foreign roots in Hanau out of sheer racially-motivated hate — One year ago, on 19 February 2020, a 43-year-old German in Hanau had shot and …

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Mastercard, MTN enable African consumers to shop and pay online globally

Mastercard and MTN empower millions of consumers in Africa to make payments on global platforms, advancing digital financial inclusion · Partnership will enable millions of MTN customers to pay on global online platforms with a Mastercard virtual payment solution linked to MTN MoMo wallet · Mastercard’s technology will enable new digital commerce opportunities for consumers and merchants with or without …

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Service providers must transform to meet communications needs in Africa – Expert

The global pandemic has accelerated the need for true digitisation as African customers demand a more seamless digital customer experience from their communications service providers (CSPs), writes Pikie Monaheng, CEO at Amdocs South Africa JOHANNESBURG, South Africa, February 17, 2021/ —  It’s no secret that CSPs need to transform their businesses to compete in the continent’s highly competitive communications landscape …

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Nigerians in diaspora to discuss insecurity in home country at virtual conference

The security situation in Nigeria is worsening by the day as marauding bandits, camouflaging as herdsmen, roam across the country kidnapping for ransom, waylaying travellers, killing farmers and generally making the country unsafe. Added to the security troubles of the country is the possibility of inter-ethnic clashes flaring in different parts of the country caused by worsening inter-communal relationship. Members …

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WHO selects AstraZeneca as first vaccine for Africa, others

The World Health Organization (WHO) has approved the first vaccine for its COVAX program, aimed at ensuring equitable access to vaccines in Low- and middle-income countries. On Monday, the UN health agency issued emergency approval for the AstraZeneca vaccine, with deliveries expected to commence by March. The approval comes after a study in South Africa indicates that the AstraZeneca vaccine …

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Nigeria’s Okonjo-Iweala becomes first woman, African to lead WTO

The World Trade Organisation has confirmed Nigeria’s former Finance Minister, Ngozi Okonjo-Iweala as the next Director-General. She is the first woman and the first African to lead the international trade body. According to a statement by the organisation on Monday, her term is scheduled to start on 1 March 2021. The term, which is renewable, will expire on 31 August 2025. …

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