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Russia to present new concept of national digital currency – Russian Central Bank
The country’s financial watchdog says it will present a more detailed concept for the national digital currency by summer. After its discussing on ...
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With over 1.3 million users, Nigerian-based fintech FairMoney wants to replicate growth in India
There are more than 1.7 billion underbanked people globally, the majority of which are from emerging markets. For them, accessing loans can be difficult, ...
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SpaceX reportedly raises $850M in new funding
SpaceX has raised a fresh round of funding, totalling $850 million, per a new report by CNBC, citing sources “familiar” with the matter. ...
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CBN directs banks to open dollar account for remittances
The Central Bank of Nigeria (CBN) has mandated commercial banks to open new dollar account with offshore lenders for receiving international money transfers. ...
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Safaricom to Bid on Opportunity to Expand in Ethiopia
Safaricom is now one of six companies vying for the chance to claim one of two Ethiopian telecoms licences. This comes after the ...
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Internet browser Opera prepares for roll out of Fintech banking service
Internet Company, Opera is moving into financial services with the launch of Dify, an in-browser cashback service and digital wallet for online shopping. ...
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IMF Backs CBN, Cautions against Cryptocurrency Transactions
The International Monetary Fund (IMF) has cautioned against transacting in cryptocurrency, saying regulating the digital currency remains a concern not just to the ...
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Mastercard Will Let Merchants Accept Payments in Crypto This Year
Mastercard (MA) is planning to give merchants the option to receive payments in cryptocurrency later this year. According to a source familiar with ...
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Africa Oxford Health Innovation Programme 2021
The Africa Oxford Health Innovation Programme is an extension of Africa-Oxford collaborations aimed at connecting research to industry to solve intractable societal challenges. Applications are ...
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As expected, stock trading service Public raises $220M at unicorn valuation
Robinhood has announced this week that it has closed a $220 million funding round at a $1.2 billion valuation. News of the round was first ...