News about NIGERIA

News about Nigeria

Nigeria Looking To Legalize Bitcoin Usage ; (because they can´t stop it ¯\_(ツ)_/¯ )

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Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies - Cointelegraph

Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies& & Cointelegraph

Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies

The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate, a little more than a year after its launch in October 2021. The Nigerian gove...

Nigeria Passes Bitcoin And Cryptocurrency Law

The Nigerian government will soon legalize Bitcoin and other cryptocurrencies. Punch Newspapers of Nigeria announced the news on December 18 after interviewing House of Representatives Committee on Capital Markets Chairman Babangida Ibrahim. If passe...

Nigeria Looking To Legalize Bitcoin Usage: Report - Bitcoin Magazine

Nigeria Looking To Legalize Bitcoin Usage: Report& & Bitcoin Magazine

Nigeria Looking To Legalize Bitcoin Usage: Report

If passed, the reported amendments would regulate bitcoin and cryptocurrency usage in the African nation.A local Nigerian newspaper has reported that Babangida Ibrahim, chairman of the House of Representatives Committee on Capital Market and Institut...

Nigeria to pass bill legalizing Bitcoin and crypto

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No 1 Site To Sell Bitcoin in Nigeria-QXCHANGE - Techpoint Africa

No 1 Site To Sell Bitcoin in Nigeria-QXCHANGE& & Techpoint Africa

The Costs Of Running A Bitcoin Node In Nigeria - Bitcoin Magazine

The Costs Of Running A Bitcoin Node In Nigeria& & Bitcoin Magazine

The Costs Of Running A Bitcoin Node In Nigeria

The hardware, electricity and internet costs of running a Bitcoin node in Nigeria and ideas for mitigating these costs.In this article, I enumerate the costs of setting up and running a node in Nigeria, informed by my experience of running one over t...

Six-week window citizens have to replace old currency notes in Nigeria. After that your money is worthless.

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Bitcoin For The People: Nigeria Caps ATM Cash Withdrawals To $45 - Will It Drive BTC Price To $20k? - Crypto News Flash

Bitcoin For The People: Nigeria Caps ATM Cash Withdrawals To $45 - Will It Drive BTC Price To $20k?& & Crypto News Flash

Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day

In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash not exceeding $1,111 during the same period. The...

Nigeria Pushes CBDC Usage With New ATM Cash Withdrawal Limits

The Nigerian government has imposed new restrictions on ATM withdrawals in an effort to increase usage of the eNaira.The Nigerian government has placed new restrictions and limits on the amount of cash citizens are able to withdraw from ATMs. The dec...

This is why Nigerians are adopting Bitcoin faster: "Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC"

submitted by /u/simplelifestyle [link] [comments]

Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC

https://cointelegraph.com/news/nigeria-bans-atm-cash-withdrawals-over-225-a-week-to-force-use-of-cbdc Here come CBDCs and everyone working hard for social credit to earn their daily cricket meal. I don't want that to be my fate, so I buy BTC. &#...

Nigeria, Kenya, Ghana... Welcome to Strike! ????????????????????????????

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Report: Nigerian Finance Bill Has Provisions Allowing Govt to Tax Crypto Transactions

A Nigerian finance bill, which seeks to amend the country’s various tax statutes, contains provisions which allow the government to tax cryptocurrency and other digital asset transactions, a report has said. Nigeria is reportedly seeking to joi...

Report: AAX Users Storm Crypto Exchange's Nigerian Offices, Attack Employees – News Bitcoin News - Bitcoin News

Report: AAX Users Storm Crypto Exchange's Nigerian Offices, Attack Employees – News Bitcoin News& & Bitcoin News

Report: AAX Users Storm Crypto Exchange’s Nigerian Offices, Attack Employees

Nigeria users of the crypto exchange AAX, which suspended withdrawals on Nov. 12, reportedly stormed its offices in Lagos and began assaulting employees. Reports that disgruntled AAX users have harassed the crypto exchange’s workers came just d...

Farmer in Nigeria selling his cow priced in sats. Price 丰6,220,357

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Report: Nigerian Securities Regulator to Exclude Crypto in its Digital Asset Agenda

According to Lamido Yuguda, the director general of the Nigerian Securities and Exchange Commission, the regulator does not plan on including cryptocurrencies in its digital asset agenda. Yuguda reportedly said the commission will only change its sta...

Report: Nigerian Crypto Exchange Quidax Cuts Its Workforce by 20%

As it reels from the effects of what it termed a global economic downturn, the Nigerian digital asset exchange platform, Quidax, recently said it had laid off employees who constituted 20% of its workforce. Despite the layoffs, Quidax reportedly told...

New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor

The Central Bank of Nigeria governor, Godwin Emefiele, has said the newly designed naira banknotes are set to enhance the effectiveness of the organization’s monetary policy and bolster the financial inclusion cause. Forcing Currency Hoarders...

‘Cryptocurrencies Like Bitcoin Make Global Commerce Easy’ — Founder of Nigerian Crypto Exchange

Despite the Central Bank of Nigeria (CBN)’s Feb. 5, 2021 directive that instructed banks to block crypto entities from the financial system, the demand and use of cryptocurrencies have continued to grow. Not even the central bank’s subseq...

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