CBN sacking of bank directors – Issues arising

The chicken has come home to roost. This is a common phrase heard from commentators following the recent bombshell from the Central Bank of Nigeria that led to the sacking of the CEOs of five commercial banks. Banks are rated as financially unhealthy. The Nigerian banking and finance industry has for some time been awash …

When the Central Bank of Ghana cracked the whip amid a volatile overbanked sector

The Central Bank of Ghana continues its efforts to rehabilitate the banking sector. Notably, among some of the obvious sanctions he carried out was the mandatory takeover of two private banks: Capital Bank and UT Bank back by the state-owned Ghana Commercial Bank under the authority of the Bank of Ghana in 2017. still implemented …

Cryptocurrency: Fintech disruptor

Blockchains, sidechains, mining – terminologies in the secret world of cryptocurrencies are piling up by the minute. Although it sounds counterintuitive to introduce new financial terms into the already convoluted world of finance, cryptocurrencies offer a much-needed solution to one of the biggest distractions in today’s money market – the security of transactions in the …

6 Advantages of investing in cryptocurrencies

The birth of bitcoin in 2009 opened the door to the possibility of investing in an entirely new type of asset class – cryptocurrency. It entered space very early. Intrigued by the huge potential of this young but promising asset, they bought cryptocurrencies at cheap prices. Accordingly, in 2017 they became millionaires/billionaires. Even those who …

Online payment solutions for secure online shopping

Online payment solutions refer to the various approaches or systems used to pay online for online sales. The emergence of online stores made the integration of payment systems very necessary. Online shoppers can only pay for purchased products and services when unique payment solutions are available. Currently, there are various types of online payment solutions …

Bitcoin thrives no matter what

Since it’s all the rage right now, I’d like to announce that I’m launching my own cryptocurrency next week. Let’s call it “kingcoin”. No, that’s too selfish. How about “muttcoin”? I have always bred mixed breeds. Yes, that’s perfect – everyone loves dogs. This is going to be the biggest thing since fidget spinners. Congratulations! …