How cryptocurrency can solve the challenges of cross-border payments for African traders
Nnamdi shared a story about a remarkable event where crypto saved his business trip in Vietnam when all other payment methods failed. Cryptocurrency eliminates the need for intermediaries, resulting in significantly lower fees for cross-border payments.
Binance CEO Pushes For Its Executive To Be Released From Nigerian Custody
Binance CEO Richard Teng is urging Nigerian authorities to release Tigran Gambaryan from custody due to his deteriorating health condition. The Nigerian government has denied Tigran adequate medical care and access to legal counsel.
Proposed Tax Break Gives Lifeline To Nigeria’s SMEs, Says tappi Founder
The Nigerian government has proposed exempting 95% of the informal sector from taxes. Industry players are optimistic about the potential impact of the tax reforms on small and medium-sized enterprises (SMEs).
Affinity Ghana gets funding
Affinity Ghana, a digital bank, receives funding from Renew Capital to address financial inclusion in Africa. NFT trading volume declines due to the crypto market downturn.
Former US agent identified as Binance executive detained in Nigeria
Tigran Gambrayan and Nadeem Anjarwalla, Binance executives, have been detained by the Nigerian government. Their arrests are connected to the Nigerian government's push to stop speculation on forex trading.
