Central Bank of Nigeria Greenlights Unity and Providus Banks' Merger to Strengthen Financial Sector

Central Bank of Nigeria Greenlights Unity and Providus Banks' Merger to Strengthen Financial Sector

Felix Harbour
7 Aug 2024

The Central Bank of Nigeria has given the green light for the merger of Unity Bank Plc and Providus Bank Limited as part of efforts to strengthen the country's financial system. The move includes financial support of N700 billion to ensure the stability of the new entity.

Worldcoin Soars After Kenyan Authorities Drop Investigation: Outshines Bitcoin and Ethereum

Worldcoin Soars After Kenyan Authorities Drop Investigation: Outshines Bitcoin and Ethereum

Felix Harbour
21 Jun 2024

Worldcoin, a blockchain project by Sam Altman, saw a 7% surge after Kenya halted its investigation into the project's data practices. Trading volume surged 74% to $275 million, indicating heightened investor interest. The project had faced scrutiny for potential data misuse. Worldcoin's tokens are issued by verifying users' identities via iris scans.