Bitcoin News / Bitcoin.com - 1 year ago
The recent approval of a blockchain adoption strategy by the Nigerian government has been described as a milestone that will “add clarity, trust and confidence in the [blockchain] ecosystem.” The unveiling of the adoption strategy documen...
Cryptocoins News / The Cointelegraph - 1 year ago
Nigeria’s crypto community celebrates the approval of the National Blockchain Policy, set to impact governance, digital identity management and e-payments. The approva...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian payments startup, Nomba, is reported to have raised $30 million via a pre-Series B that was led by Base10 Partners. The new solution is expected to help the startup operate more efficiently and deliver “excellent customer experienc...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian Federal government said on May 3 it had passed what it called the “national blockchain policy.” The Nigerian minister of communications and digital economy, Isa Pantami, said the new policy is a product of consultations with...
Cryptocoins News / The Cointelegraph - 1 year ago
Nigeria’s Federal Executive Council has approved the national policy on blockchain to help the country develop a regulatory framework to govern the adoption of the technology....
Cryptocoins News / The Cointelegraph - 1 year ago
Nigeria’s securities regulator will take at least 10 months to determine whether to register a digital asset-related company. Nigeria, one of the world’s most curious...
Bitcoin News / Bitcoin.com - 1 year ago
Nigerian economic experts have said the country’s five-year-old currency swap agreement with China has not eased the pressure against the Nigerian currency. According to one expert, implementation of the swap arrangement is being held back by t...
by COINS NEWS - 1 year ago
Looking over the posts of the sub for the past days, one thing becomes obvious: CBDC seems to be the next big topic we are all talking about and we should be. A Central Bank Digital Currency, will just like Crypto be digital but literally every...
Cryptocoins News / Blockchain - 1 year ago
Lazerpay, a Nigerian crypto and Web3 company, announced its shutdown due to a lack of funding. Founder Emmanuel Njoku emphasized the impact Lazerpay had in the crypto ecosystem and recommended users withdraw their funds by April 30. The company is al...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian crypto and Web3 startup Lazerpay announced on April 13 that it will cease operations. Co-founder and CEO Njoku Emmanuel said the decision to cease operations was made after Lazerpay failed to successfully close a funding round. The CEO a...
Cryptocoins News / The Cointelegraph - 1 year ago
Nigerian crypto and Web3 company Lazerpay shuts down after failing to raise funds and advises users to withdraw before April 30. Nigerian crypto and Web3 company Lazer...
Bitcoin News / Bitcoin.com - 1 year ago
Between 2019 and 2022, the value of foreign capital that flowed into Nigeria dropped from $23.9 billion to $5.32 billion. The drop has been attributed to low investor confidence, the high cost of doing business, as well as the country’s high in...
by COINS NEWS - 1 year ago
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More / Bitcoin Reddit - 1 year ago
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Cryptocoins News / Blockchain - 1 year ago
Foreign direct investment (FDI) in Nigeria fell by 33% in 2021 due to a shortage of dollars, which has also discouraged foreign crypto investment. Despite the exponential growth of crypto adoption in Nigeria, with active adult traders and high usage...
Cryptocoins News / The Cointelegraph - 1 year ago
Foreign direct investment in Nigeria fell by 33% last year due to a severe shortage of dollars, which discouraged crypto companies from expanding into the country. The...
Cryptocoins News / Blockchain - 1 year ago
The closure of Paxful, a peer-to-peer cryptocurrency marketplace, has left the Nigerian crypto community searching for alternatives. Nigeria, ranked eighth in crypto adoption, was significantly impacted by Paxful's pioneering use of peer-to-peer tech...
Cryptocoins News / The Cointelegraph - 1 year ago
Paxful’s shutdown has left its global community heartbroken, but it has significantly impacted the Nigerian community, where it pioneered P2P crypto use. The shutdown...
More / Bitcoin Reddit - 1 year ago
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More / Bitcoin Reddit - 1 year ago
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Cryptocoins News / Blockchain - 1 year ago
Nigerian crypto investors using P2P services are concerned about the Central Bank of Nigeria (CBN) flagging their bank accounts due to their connection to the Flutterwave hack. The situation has discouraged P2P users from using OTC markets, causing b...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto P2P users in Nigeria worry over using various platforms to transfer funds as the country’s central bank cracks down on bank accounts that received a share of Flutterwave’s rumored...
More / Bitcoin Reddit - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
A recent review of Nigerian banks’ bond portfolios showed that the institutions were not directly exposed to Silicon Valley Bank, the governor of the country’s central bank has said. In addition, the governor said the Central Bank of Nige...
Cryptocoins News / Blockchain - 1 year ago
Nigeria's eNaira, a central bank digital currency (CBDC), is being adopted at an increasing rate as the country faces severe cash shortages due to demonetization. The value of eNaira transactions has increased by 63%, and the total number of CBDC wal...
