Nigeria news articles
Nigerian SEC Calls Binance Operations Illegal in the Country
The world’s largest crypto exchange Binance faces one more regulatory roadblock and this time it’s in the African country of Nigeria. La...
Binance’s Activities Are Illegal in Nigeria, Securities Regulator Says
Crypto exchange Binance’s activities are illegal in Nigeria, the country’s Securities and Exchange Commission said in a Friday n...
Exploring the early CBDC adoption results beyond the hype
Preliminary outcomes from countries where central bank digital currencies (CBDCs) have been introduced show mixed results. Despite widesprea...
Nigerian Social Payments App Bundle Ceases Crypto Exchange Services – Here’s the Latest
Nigerian social payments platform Bundle plans to cease its crypto exchange services and instead focus on its peer-to-peer platform Cashlink...
Nigeria’s CBN enhances eNaira with NFC upgrade for contactless payments
Despite the former governor’s ousting nearly two months ago, the Central Bank of Nigeria (CBN) continues to display a commitment to it...
Nigeria’s social payments app, Bundle, shutting down crypto exchange
Bundle, a Nigerian social payments app, is winding down its cryptocurrency exchange division. Although the reasons for Bundle’s decision h...
Nigeria Becomes First Leading African Economy to Launch a CBDC
The Nigerian government has finally released the eNaira, the African nation’s central bank digital currency (CBDC), joining the league of ...
P2P Drives Africa’s Soaring Crypto Adoption, Up 1200% Since 2020
Whether one is a sceptic or proponent, this past year has undoubtedly been crypto’s breakout year. Global adoption is up some 880 perc...
Nigerian Central Bank Reveals ‘Speed Wallet’ Ahead of October e-Naira Launch
The Central Bank of Nigeria (CBN) is set to release its official digital “Speed Wallet” to facilitate next month’s launch ...
Nigeria to Launch Digital Currency “e-naira” in October
The central bank of Nigeria has confirmed it will test the “e-naira”, a Central Bank Digital Currency (CBDC), as early as Octobe...
Nigeria To Allow Cryptocurrency In Country Due To 32% Adoption
Despite the Central Bank of Nigeria (CBN) recently banning local banking institutions from serving cryptocurrency users and companies in the...