Latest news with #Nigerians
Coin Geek
10 hours ago
- Business
- Coin Geek
Ghana plans new framework to regulate digital assets
Getting your Trinity Audio player ready... Ghana is developing a new regulatory framework for the digital asset sector as adoption in cross-border transfers and speculative trading surges. The Bank of Ghana is finalizing the new policy proposal and will submit it to parliament by the end of August, Governor Johnson Asiama told Bloomberg on July 24. It includes a new licensing policy for VASPs and taxation measures for one of the continent's fastest-growing digital asset markets. Asiama says the new framework will enable Ghana to capitalize on digital assets to boost the economy, boost cross-border transfers, and allow authorities to collect financial data. Additionally, it will boost the funding opportunities for local companies, allowing them to attract strategic investment from investors in Africa and beyond. In 2024, African blockchain startups raised $123 million, a report by CV VC revealed. Their share of the venture capital deals nearly doubled to 13%, outperforming other sectors like finance and tech. Ghana is 'late in the game,' says Asiama, noting that millions of Ghanaians have already been using digital assets in speculative trading and cross-border transfers. However, due to a lack of oversight, this volume isn't captured on the country's financial accounts. Left unchecked, the sector could have far-reaching implications on the local currency, he added. In neighboring Nigeria, digital assets have been blamed for the naira's depreciation over the past three years. The government cracked down on the sector for allegedly allowing Nigerians to bypass formal channels and acquire USD-pegged stablecoins at black market rates. The crackdown culminated in the shutdown of offshore exchanges and an $81.5 billion lawsuit against Binance for allegedly orchestrating a 'sophisticated heist' against the Nigerian economy. But while the naira has lost over 70% of its value in the past three years, Ghana's cedi has been on an uptrend, gaining nearly 50% in the past year, which was the best performance globally. According to one report, over 3 million Ghanaians own digital assets, translating to over 17% of the adult population. This ranks the country higher than Singapore, the U.S., Germany, the U.K., and Japan for adoption. The report further revealed that in the year ending June 2024, Ghanaians transacted over $3 billion. 'We do recognize that there's some activity happening. Our goal for this whole process is to put safeguards and rails around it,' commented Kwame Oppong, the central bank's head of fintech and innovation. Ghana is following the growing list of African countries making strides in digital currency regulation. In Kenya, lawmakers are debating the VASP Bill, which would be the most comprehensive framework for digital assets in the region, and have already approved five joint watchdogs for the industry. Nigerian president Bola Tinubu signed a bill in April that recognizes digital assets as law, and it's already attracting global players. Watch: Tech redefines how things are done—Africa is here for it title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen=""> Africa Bank of Ghana Ghana Johnson Asiama Kwame Oppong Regulation
Arab Times
a day ago
- Sport
- Arab Times
Al-Arabi signs Belgian striker Ngoyi as Christopher faces possible exit
KUWAIT CITY, July 29: Al-Arabi Club officially announced the signing of their fifth foreign player, Belgian striker of Congolese descent Julian Ngoyi, who joins from Belgian side Mechelen to strengthen the team's attacking options for the upcoming season. At 27 years old, Ngoyi is versatile, capable of playing both as a central striker and on the wings. His career includes stints in England, Switzerland, Turkey, and Belgium, having represented clubs such as Stoke City, Swindon Town, Grasshopper Club Zürich, Union Saint-Gilloise, and Kasimpasa. Ngoyi has also featured for Belgium's youth national teams, including five appearances for the U21 side. Al-Arabi aims to leverage Ngoyi's international experience and physical prowess to boost its offensive firepower in the new campaign. Ngoyi becomes the fifth foreign professional in Al-Arabi's squad, joining French-Guinean Hassimi Fadiga, Ugandan Kenneth Ssemakula, and Nigerians Ayano Ewuala and Christopher John. Meanwhile, with the departures of Hassan Hamdan and Algerian Sofiane Bouchare, Portuguese coach Marco Alves is keen on signing a new defender. Jordanian international Abdullah Nassib is reportedly on Al-Arabi's shortlist for the position, though he has also attracted offers from Iraqi clubs Al-Zawraa and Al-Quwa Al-Jawiya. Should Al-Arabi finalize a deal with Nassib or another defender, Nigerian Christopher John is expected to leave the club ahead of the new season. Al-Arabi is currently training twice daily at its camp in Abu Dhabi, which began last week. The team will hold a final training session this evening ahead of their season opener tomorrow against UAE side Hatta Club. The squad is preparing for an August 12 playoff match against Maldivian club Maziya S&RC, part of the Asian Challenge League, to be held in the Maldives. Before departing for the Maldives on August 8, Al-Arabi will play a friendly against the UAE's Baniyas Club on August 6. Coach Alves is emphasizing training in humid conditions to help players acclimate to the high humidity typical of the Maldives throughout much of the year.
Fashion United
a day ago
- Business
- Fashion United
Nigerians lead the way in UK fashion visas according to report
New data has shown that Nigerians make up the majority of accepted British visas in relation to fashion when compared to people from any other country. According to the Telegraph's analysis of official data, there have been 291 Nigerian applications for fashion visas between 2019 and 2014, the highest number among all countries. This was followed by 67 Chinese applicants. Fashion-related visa applications from Nigeria rose from three in 2019 to 145 in 2024. Meanwhile, over the same period, the British Fashion Council (BFC) has endorsed 71 Nigerian applications, also more than any other nationality. The BFC has been granted the power to endorse applications on behalf of the UK's Home Office, which then signs-off on the visas. The council receives around two million pounds a year from the Department of Culture, Media and Sport to promote British fashion and, in recent years, has set about diversifying the local fashion industry. The increase comes as part of a broader surge in talent-related visa applications from Nigeria, with most applying via the route for 'literature'. Since 2019, Nigerians have made 729 applications across artistic global talent categories in the UK, the Telegraph reported. Just 59 percent of them are endorsed.
Zawya
a day ago
- Business
- Zawya
Alexa News Nigeria (Alexa.ng) provides engaging news around the world to Nigeria's political and media space
Alexa News Nigeria ( is a forward-thinking media platform dedicated to providing insightful, engaging content across various topics, including business insights, technology trends, innovation, and more. Alexa News Nigeria ( aims to inspire and inform its audience through high-quality journalism and community-driven are a fiercely independent, pro-investigation multi-media online news platform based in Nigeria, and focused primarily on politics, policy and economy. We are passionate, not just about the nice details, but also the ugly sides that speak truth to governments, businesses, and leaders, both locally and globally. We resolve to relentlessly pursue truth in our passion to inform and empower Nigerians. Alexa News Nigeria ( is a Nigerian digital news platform that provides accurate, relevant, and up-to-date information on a daily basis. The independent, pro-investigation multi-media online news platform focused primarily on politics, policy and economy. Jokpeme Joseph Omode, the editor in chief and CEO of Alexa News Nigeria is expanding its coverage beyond Nigerian borders and have been growing its official website's news and media portfolio. was created with intents to cover local and international news, politics, business, entertainment, technology and sports news. "We are looking to make a significant impact on the country's information narrative by bringing smart, straightforward news to Nigeria's political and media space, with commentary from political heavyweights and Nigerian leaders&business innovators, whose collective insight will be instrumental in telling the Nigeria business story from inside," says Joseph Omode. In an industry saturated with sensational sites, clickbait giants, fake news merchants, religious/ethnic promoters, and pro/anti-government platforms, Alexa News Nigeria has stood out as a credible go-to news source for every southerner, northerner, Christian, Muslim, Pagan, anti-government/pro-government individual, secessionist, and its growing global audience. Hard work, grit, skilled journalists, and management with a keen eye for excellence, have set Alexa News Nigeria apart from the rest as it keeps building a unique Omode later stated that the news platform would be tailored to meet the needs of an increasingly diversified readership base both in Nigeria and outside the shores of the country. Alexa News Nigeria is providing quality journalism, had defied the odds, broke boundaries, pulled down walls, and divided oceans. What Makes Alexa News Nigeria ( Unique (And Worth Betting On) We are unique in different ways and we stand out for the following reasons: Prominence: Our Stories involve influential figures, like celebrities, businesses, influencers or politicians, often attract our media attention due to a collective public interest that has built up for decades on those individuals' lives. Impactful Stories: Our stories demonstrate value and make clear effect on our audience. We are always looking for fresh stories to sometimes rely on product launches or major milestones to attract our media attention. Through thought leadership, organizations don't have to wait for a newsworthy event to be in the media. They can earn media recognition for their brands and executives by staying on top of industry trends to be better seen as visionaries, rather than vendors. Relevant Stories: We publish relevant stories of interest to our audience. Human Interest: Our news are meant to evoke strong emotions or connect with people on a personal level. They can range from heartwarming tales–such as a firefighter saving a kitten stuck in a tree–to accounts of adversity such as a family struggling to rebuild after losing their home to a natural disaster. These stories often inspire empathy and compassion, reminding audiences of a shared sense of humanity. Distributed by APO Group on behalf of Alexa News Nigeria.
CAF
2 days ago
- Sport
- CAF
Rasheedat Ajibade named WAFCON 2024 Best Player
Published: Monday, 28 July 2025 She came. She saw. She conquered. Rasheedat Ajibade is the TotalEnergies WAFCON 2024 Woman of the Tournament after guiding Nigeria to their 10th record-extending title. Captain fantastic in every aspect, the 25-year-old Ajibade has been instrumental in inspiring the Super Falcons to a historic achievement – winning 10 of 13 editions. Magical even. From the opening whistle to the final game, she stood tall even when the odds looked like they were against her. Just like the leader that she is, she displayed her relentlessness and embraced the moment and never looked back. When she was invited to the photoshoot with the new WAFCON trophy prior to the start of the tournament at the iconic Hassan II Tower, she looked at it and promised herself that Nigeria would lift this beautiful crown. It is that will to gather her troops every time that they walked onto the field that led her to this moment – the moment where Nigeria once again, conquered Africa. From strength to strength Vocal on and off the field, Ajibade has shown her quality every time that she has stepped onto the field of play. The blue-haired girl from Lagos poured her heart into this campaign, often seen urging her teammates to stay locked in even if it helps that they are already motivated. When her team needed a spark, she lit it. In whatever role she was assigned, she scanned for spaces occasionally, made passes in the tighest of angles and kept Nigeria's opponents guessing. She exploited the athleticism of her team in ways that came face-to-face with the weaknesses of their opponents and with that, she dictated the tempo of each game. She earned three Woman of the Match Awards against Botswana, Zambia and South Africa while finding the back of the net once – a penalty against South Africa's Andile Dlamini who was yet to score until that point. This is the second time that Ajibade is being awarded at the WAFCON after she walked away with the Joint Top Scorer Award at the 2022 edition – tied with Ghizlane Chebbak of Morocco and South Africa's Hildah Magaia. Legacy attained For Ajibade, two TotalEnergies WAFCON titles in the bag and a silver medal on top of the individual awards, this is the stuff of dreams. The stage was set in Morocco and this time, the Nigerians achieved their revenge. The Atlas Lionesses had stunned the Super Falcons in the semifinals three years ago (5-4 penalties; 1-1) after the latter went down by two players. As Ajibade received her award inside the Olympic Stadium in Rabat, emotional after this achievement, she appreciated the recognition. An inspiration to many a girl in Africa and the world, Ajibade continues to write her own chapter in a sea of success at home and abroad.
