With many individuals and institutions losing faith in cryptocurrencies of late, looks like one country stands unaffected. Despite the unimpressive few days of the cryptocurrency market,...
Nigeria and its central bank have been making strides in terms of increasing utility of its national digital currency. The Central Bank of Nigeria [CBN] wants...
Many countries have been changing their perspective with regards to cryptocurrencies, of late. In that context, India, recently, softened its approach to digital assets. However, Nigeria,...
Less than a month after the eNaira’s launch on 25 October, the stats have impressed experts worldwide. According to a Central Bank of Nigeria official who...
Nigeria has been taking extreme steps to thwart crypto-transactions in the country, of late. Consequently, the result of these measures has been falling Bitcoin peer-to-peer [P2P]...
Nigeria had already taken steps to disable citizens’ participation in transacting using crypto but now it was moving forward to surveil the bank accounts of its...
The eNaira arrived on the world’s nascent CBDC scene after months of hopes, disappointments, a last minute postponement, and a great deal of doubt. However, Nigerians...
Nigeria celebrated the launch of its central bank digital currency [CBDC] with pomp. It also noted massive adoption within just a couple of days – with...
The Nigerian central bank digital currency [CBDC] e-Naira has been facing a string of issues after the launch. The digital currency and the platform indeed saw...
Although the Federal high court gave Nigeria’s central bank digital currency, e-Naira a green light earlier in October, the Central Bank took four weeks to officially...