Bitcoin News / Bitcoin.com - 3 years ago
The Central Bank of Nigeria (CBN) has reportedly set October 1 as the commencement date for the trial phase of its digital currency project. Dubbed project Giant, this digital currency project, or the “e-naira,” is expected to use the Hyp...
Cryptocoins Exchanges / Binance - 3 years ago
submitted by /u/rollingincrypto [link] [comments]
Cryptocoins News / The Cointelegraph - 3 years ago
The Central Bank of Nigeria will start the pilot of its central bank digital currency, which runs on the Hyperledger Fabric blockchain, on Oct. 1. For much of 2021, th...
Bitcoin News / Bitcoin.com - 3 years ago
The Nigerian pop artist and celebrity, Davido, recently posted several tweets endorsing ‘rapdoge,’ the so-called “first deflationary meme token fully supported by celebrities & rappers.” In one of the tweets, Davido tells...
More / Bitcoin Reddit - 3 years ago
Thank you Bitcoin. The banks in Nigeria dont connect to any internet accounts so it's always a problem to receive fiat money here. The niara is considered monopoly money here. For the last year I've been earning from the internet. Bitcoin is...
by COINS NEWS - 3 years ago
submitted by /u/CryptoAddict420 [link] [comments]
More / Bitcoin Reddit - 3 years ago
submitted by /u/AmerBekic [link] [comments]
Bitcoin News / Bitcoin.com - 3 years ago
Nigeria’s ongoing shortage of foreign exchange is forcing corporates and businesses to source this resource on the parallel market, a former official with the Lagos Chamber of Commerce and Industry (LCCI) has said. According to Muda Yusuf, who...
Bitcoin News / Bitcoin.com - 3 years ago
Nigeria’s peer-to-peer bitcoin trade volumes went up to just under $38 million in June 2021, the latest data shows. This surge becomes only the second time Nigerian P2P traded volumes have breached the $35 million mark in 2021. March 2021 is th...
Bitcoin News / Bitcoin.com - 3 years ago
According to the findings of the latest study by Disrupt Africa, the number of fintech start-ups based on the African continent grew to 576 in 2021. This figure represents a 17.3% jump from the 491 start-ups that were operating on the continent in 20...
by COINS NEWS - 3 years ago
submitted by /u/diggipiggi [link] [comments]
Bitcoin News / Bitcoin.com - 3 years ago
Financial technology companies (fintechs) are now among the biggest threats to the overall profitability of Nigerian banks, analysts from the country’s Coronation Merchant Bank (CMB) have warned. The Efficiency of Fintech As a report carried b...
More / Bitcoin Reddit - 3 years ago
submitted by /u/Bitcoin_is_plan_A [link] [comments]
More / Bitcoin Reddit - 3 years ago
Promise of decentralized cryptocurrency being battle tested. submitted by /u/Crypt-B [link] [comments]
Bitcoin News / Bitcoin.com - 3 years ago
On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging company’s decision to take down a controversial tweet — from President Mohammed Buhari. However, as some...
Bitcoin News / Bitcoin.com - 3 years ago
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has reportedly told investors that the country’s currency is overvalued by 10%. The governor’s remarks, which have been confirmed by two unnamed sources, suggest that the...
Bitcoin News / Bitcoin.com - 3 years ago
A learning institution in Nigeria’s Kano state, the New Oxford Science Academy, recently announced it will be accepting cryptocurrency as payment for school fees. According to the school’s proprietor, Sabi’u Musa Haruna, the institu...
Cryptocoins News / The Cointelegraph - 3 years ago
"We believe one day digital money will gain more acceptance than paper money,” said school director Sabi’u Musa Haruna. A private secondary school based near the Niger...
Bitcoin News / Bitcoin.com - 3 years ago
Nigerian artists are now increasing their net worth by leveraging the art world’s lucrative pivot to non-fungible tokens (NFT). According to reports, this move to NFTs is happening despite the Nigerian central bank’s renewed anti-crypto s...
Cryptocoins News / The Cointelegraph - 3 years ago
Nigeria’s government is looking to drive blockchain adoption as part of its plans to establish emerging technology centers across the country. Speaking during Wednesda...
Bitcoin News / Bitcoin.com - 3 years ago
Nigeria’s use of multiple exchange rates regimes may have contributed to a rise in the country’s inflation rate, the latest World Bank report has said. In addition, the report says ongoing restrictions on the use and movement of foreign e...
Cryptocoins News / CoinJournal - 3 years ago
The digital currency project could be ready for a pilot phase within the next few months, according to the central bank. The peer-to-peer crypto market in Nigeria provides for the largest volumes in Africa Nigeria could become the first African count...
Bitcoin News / Bitcoin.com - 3 years ago
Fighting to stop the value of the naira from dropping further, the Central Bank of Nigeria (CBN) faces yet another problem: abuse of naira banknotes. According to the CBN’s Aladeen Badajo, the central bank is concerned with the rate at which Ni...
by COINS NEWS - 3 years ago
submitted by /u/smoothcrimi [link] [comments]
More / Bitcoin Reddit - 3 years ago
submitted by /u/Bitcoin_Magazine [link] [comments]
