Tag
P2P
Under its First@arts initiative, FirstBank, West Africa premier financial institution and financial inclusion services provider has announced the sponsorship of the maiden edition of the Lagos International Theatre Festival, a celebration of arts, creativity and diversity.
The Security and Exchange Commission (SEC) director, Abdulkadir Abbas, told the Federal High Court, Abuja, that the cryptocurrency exchange platform, Binance Limited, used its Naira peer-to-peer(P2P) virtual feature to devalue the Nigerian currency.
SIBAN said if the government had regulated the industry, many Nigerians would have been trading through regulated exchanges and not through P2P.
Crypto trading platform, Binance, has advised Nigerians trading on its exchange to withdraw all their NGN assets as it discontinues services in the country.
As of 8 am on Wednesday, the dollar traded for as high as N1,415/$1 from as low as N1606/$1 within 24 hours.
A popular method of buying and selling crypto is through Peer-to-peer, otherwise known as P2P trading is a system of buying and platform.
Paxful's largest market is Nigeria, where he has over 1.5 million users who traded $1.5 billion worth of cryptocurrencies on the platform between 2015 and 2020.
The exchange rate between the naira and the US dollar has fallen to a record low at N685.5/$1 at the peer-to-peer (P2P) forex market.
Binance, the world’s largest cryptocurrency by volume of transactions, just announced that it added 12 Nigerian banks to...
Nigeria now has $219 million in P2P volumes on two major P2P platforms, followed by Kenya with $92 million and Ghana with $69 million.
P2P (Peer-to-Peer) trading is one of such innovations receiving massive attention and traction in recent times.
Cardano blockchain plans to launch P2P lending in Africa, as part of efforts to bridge the gap between developed and developing nations.