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Mary Uduk

SEC: Technology vital to capital market development

The need for urgent embrace of technology to take the nation’s capital market to the next level has been reinforced by the Acting Director General of the Securities and Exchange Commission (SEC), Mary Uduk, who said the government will invest approximately to make Nigeria more globally competitive.
Mary Uduk

Technology, key to reducing cost at capital market – SEC chief

Acting Director General of the Securities and Exchange Commission (SEC), Mary Uduk, has said that technology, when properly leveraged, will reduce the cost of doing business at the capital market.
Cryptocurrency

Google to lift ban on cryptocurrency advertising next month

Google will resume accepting cryptocurrency-related online advertising after previously banning such ads earlier this year, according to a report from CNBCtoday. Lifting the ban will allow regulated crypto exchanges to purchase ads through Google’s platform in the US and Japan starting next month.

Nigeria’s stake in bitcoin drops to N1.51 billion

As the value of Bitcoin tumbles at the cryptocurrency market, Nigerian’s stake in the market declined dropping to N1.51 billion as against N1.733 billion which it was at the beginning of last month.

John McAfee charges $105,000 per promotional cryptocurrency tweet

Software tycoon turned cryptocurrency enthusiast John McAfee recently revealed that he charges $105,000 for each tweet he sends out promoting digital coins or initial coin offerings (ICO).

Twitter to ban cryptocurrency adverts on its platform

Twitter Inc is to ban most advertising of cryptocurrencies on its platform, joining Facebook and Google in a clampdown on the nascent industry, the company said in a statement.

Twitter planning to ban cryptocurrency ads

Following Facebook and Google’s footsteps, Twitter is reportedly planning to ban advertisements for cryptocurrencies and initial coin offerings (ICOs), according Sky News.

Google to ban ads promoting cryptocurrency and ICOs from June

Google has announced it will ban advertisements that promote cryptocurrencies and initial coin offerings (ICOs) starting from June.

Facebook bans all ads for Bitcoin, ICOs, and other cryptocurrency

Facebook allows ads for sensitive financial topics, with some restrictions. It requires “written permission” for any real-money gambling or gaming service, for instance, and bans “misleading or deceptive” student loan ads.

Bitcoin falls 7 percent on extended selloff

Bitcoin has skidded more than 11 percent on Wednesday, extending a precipitous downturn in fortunes, with investors spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.

China bans ICOs, calls it ‘illegal fundraising’

China on Monday banned individuals and organizations from raising funds through initial coin offerings (ICO), saying the practice constituted illegal fundraising.

Cryptocurrency surge stirs Bitcoin bubble fears

Bitcoin and other “cryptocurrencies” are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined.

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Fatuma Gedi

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