Bitcoin News / Bitcoin.com - 2 years ago
A Bank of America economist, Tatonga Rusike, has said the Nigerian currency is overvalued by as much as 20% and will likely be devalued in 2030. The remarks by the economist came just days after the currency’s exchange rate reportedly touched a...
Cryptocoins News / Blockchain - 2 years ago
With cryptocurrencies being one of the technological innovations taking the world by storm, Nigeria takes the lead in terms of crypto ownership, a survey suggests. (Read More)
Bitcoin News / Bitcoin.com - 2 years ago
According to Nigerian Vice President Yemi Osinbajo, his country is well-positioned to become a global leader in the digital economy. However, for that to happen, Nigeria must choose the right approach and spend more time developing digital skills.
N...
Cryptocoins News / Blockchain - 2 years ago
Domineum, a Blockchain-as-a-Service (BaaS) startup, is set to train as many as 100,000 students under the umbrella of the Nigeria Association of Computing Students (NACOS) in blockchain and emerging technologies. (Read More)
Bitcoin News / Bitcoin.com - 2 years ago
A surge in the demand for foreign exchange and the general scarcity of the resource may be the reasons why the naira currency recently slumped to a new all-time low of 735 versus the U.S. dollar, a report has said. One Nigerian currency dealer said h...
Cryptocoins News / The Cointelegraph - 2 years ago
Paxful CEO Ray Youssef said that the current growth trends in Ghana show it has the potential to be a leader in terms of crypto adoption. As emerging markets take the...
Bitcoin News / Bitcoin.com - 2 years ago
Following the latest meeting of the monetary policy committee, the Central Bank of Nigeria says it has hiked the monetary policy rate to 15.5%. By increasing the key interest rate by 150 basis points, the central bank hopes to “narrow the...
Bitcoin News / Bitcoin.com - 2 years ago
While Nigeria’s year-on-year inflation rose for the seventh straight month to 20.52% in August 2022, the latest data from Nigeria’s National Bureau of Statistics shows that the month-on-month rate declined from 1.82% to 1.77% during the...
Cryptocoins News / Blockchain - 2 years ago
Bitmama said the founding round will enable it to open up the continent to more investment and financial opportunities accessible to users. (Read More)
Bitcoin News / Google News Bitcoin - 2 years ago
Nigerian Blockchain Startup Bitmama Closes $2 Million Pre-Seed Round – Africa Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoin.com - 2 years ago
After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding round were two Africa-focused venture capital firms: Un...
Bitcoin News / Bitcoin.com - 2 years ago
Authorities in Nigeria have been told to consider upgrading the country’s cryptocurrency regulatory guidelines because current regulations are not consistent with the realities on the ground. According to legal experts, the growing interest in...
Bitcoin News / Bitcoinist - 2 years ago
Authorities in Nigeria and cryptocurrency exchange Binance Holdings Ltd. are in talks tto create a digital economic zone that will support blockchain technology adoption by businesses in the West African country.
Binance In Talks With Nigeria
Accordi...
Bitcoin News / Bitcoin Magazine - 2 years ago
The NEPZA is in discussions with Binance and Talent City to establish a special economic zone for bitcoin and cryptocurrencies in West Africa.Nigeria seeks to create a special economic zone for bitcoin and cryptocurrencies. NEPZA is in discussion wit...