Bitcoin News / Google News Bitcoin - 1 year ago
'Cryptocurrencies Like Bitcoin Make Global Commerce Easy' — Founder of Nigerian Crypto Exchange – Interview Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoin.com - 1 year ago
According to the International Monetary Fund (IMF)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are fueling the naira devaluation speculations. To achieve a unified...
Bitcoin News / Bitcoin.com - 2 years ago
Nestcoin, a Nigerian Web3 startup which got an investment from Alameda Research in 2021, revealed on Nov. 14 that it had “a significant proportion of stablecoin investment” stuck at FTX. According to the startup’s CEO, laying off so...
Bitcoin News / Bitcoin.com - 2 years ago
Just a few days after plummeting to its worst exchange rate against the U.S. dollar ever, the Nigerian currency was trading at around 820 units for every dollar on Nov. 8, a report has said. An economist has suggested that the Central Bank of Nigeria...
Bitcoin News / Bitcoin Magazine - 2 years ago
The young people of Nigeria are ready to harness the opportunity that Bitcoin represents to lead their country.This is an opinion editorial by Ray Youssef, CEO of Paxful and cofounder of the Built With Bitcoin Foundation.My plane wheels touched the t...
Bitcoin News / Bitcoin.com - 2 years ago
The Nigerian currency appeared to accelerate its decline versus the U.S. dollar after it slipped to a new low of 900 naira for every dollar. The currency has continued to depreciate even after the Economic and Financial Crimes Commission’s raid...
Bitcoin News / Bitcoin.com - 2 years ago
Nigeria’s National Information Technology Development Agency recently said it has launched a blockchain training program and over 30,000 people are set to participate. The objective of the training course is to make the participants ȁ...
Bitcoin News / Bitcoin.com - 2 years ago
Undeterred by the reported slow adoption of the Nigerian central bank digital currency, the deputy governor of the Reserve Bank of Zimbabwe, Innocent Matshe recently said his institution will proceed with plans to launch its own digital currency. In...
Bitcoin News / Bitcoin.com - 2 years ago
The Nigerian central bank was, on Oct. 29, forced to defend its controversial currency redesign plans, just a few days after they were publicly questioned by Nigerian Finance Minister Zainab Ahmad. The central bank insists the move is long overdue an...
Bitcoin News / Bitcoin.com - 2 years ago
Starting December 15, Nigerians will be using newly-designed 100, 200, 500 and 1,000-naira banknotes, the governor of the Central Bank of Nigeria (CBN) has said. The announcement has since resulted in the naira’s parallel market exchange rate v...
Bitcoin News / Bitcoin.com - 2 years ago
On October 25, Nigeria commemorated the first anniversary of the Central Bank of Nigeria’s e-naira, even as more residents continue to snub the digital currency. In a move aimed at boosting the use of the CBDC, the central bank is offering a 5%...
Cryptocoins News / The Cointelegraph - 2 years ago
With less than 0.5% adoption, the central bank of Nigeria is struggling to push its eNaira CBDC to its citizens. Nigeria’s central bank digital currency (CBDC) is not...
Bitcoin News / Bitcoin.com - 2 years ago
The party of the Nigerian presidential hopeful Asiwaju Bola Tinubu has promised to set up an advisory committee to review regulations that govern blockchain and virtual asset services if it wins in the upcoming elections. The All Progressives Congres...