6+ day, 8+ hour ago   (549+ words) Frustrated investors in PXES, an online investment platform, stormed the company’s office in Kabba, Kogi State, after losing access to their funds. Reports indicate that they removed office furniture and equipment in protest. The incident followed a similar confrontation at…...

1+ week, 4+ day ago   (365+ words) Nigeria’s Securities and Exchange Commission (SEC) has proposed new rules for online foreign exchange (forex) and Contracts for Difference (CFD) trading. These rules would require companies to obtain licences, meet certain capital requirements, and provide investor protections, aiming to bring…...

2+ week, 4+ day ago   (473+ words) TechNext.ng Brydge and Monirates want to fix intra-African trade with zero-fee stablecoin wallets Moving money across African borders has long been a logistical nightmare of fragmented banking rails, punitive exchange rates, and agonising settlement delays. Cryptocurrencies, specifically dollar-pegged stablecoins,…...

2+ week, 6+ day ago   (878+ words) Nigeria’s Securities and Exchange Commission (SEC) is proposing tougher cryptocurrency requirements for companies operating in the country’s digital asset industry, including a ₦30 million registration fee and minimum capital requirements of up to ₦2 billion. The proposed rules are part of the…...

3+ week, 4+ day ago   (260+ words) Monierate, the real-time exchange rate intelligence platform, has expanded its rate radar to include a new set of providers: Textile, Gate Exchange, Doux, MavaPay, Zobo, Vban, and Karsa, bringing its total coverage to over 90 sources across the African exchange market....

3+ week, 5+ day ago   (524+ words) XRPL Africa is a community of developers, entrepreneurs and builders working on the XRP Ledger across the continent. It describes itself as a hub for African Web3 builders using the ledger to solve real-world problems, and it runs regional community hubs,…...

1+ mon, 1+ week ago   (849+ words) Africa doesn’t trade with itself, and that failure has quietly become one of the biggest opportunities in global finance. Fragmented currencies, punishing transfer fees and banks that treat cross-border payments as an afterthought have left the continent searching for solutions....

1+ mon, 1+ week ago   (261+ words) For fifteen years, Bitcoin’s core promise sold itself in five words: not your keys, not your coins. Hold your own hardware wallet, and no exchange collapse, no bank freeze, and no government seizure could touch you. That pitch has been…...

1+ mon, 1+ week ago   (295+ words) Leading payment infrastructure provider Payaza has partnered with Lebara Nigeria to integrate its secure payment infrastructure into the telecom operator’s digital ecosystem. This was disclosed in a statement seen by Technext. The integration will enable seamless payment experiences for millions…...