The Bitcoin premium has reached 63% in Nigeria. Restrictions on cash withdrawals paired with a push towards a cashless economy led to an increase in demand...
To further its “cash-less Nigeria” policy and promote the usage of the eNaira, Nigeria’s Central Bank’s Digital Currency, the country has dramatically curtailed the amount of...
The Blockchain Technology Association of Nigeria (SiBAN) has urged the Central Bank of Nigeria (CBN) to reconsider its current anti-crypto policy that restricts commercial banks and...
The Banque de France and the Central Bank of Nigeria were among eight new members announced by the Hyperledger Foundation on 12 September. Other names include...
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,...
The ambitious central bank digital currency (CBDC) initiatives that were undertaken by most countries globally over the past few years are finally bearing fruit, and developing...
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...
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]...
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...