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Nigeria SEC publishes digital asset regulations amid central bank crackdown

Nigeria’s securities watchdog has published comprehensive regulations for the digital asset sector, the first of its kind in the country. The guidelines...

Nigeria’s Central Bank To Boost CBDC Upgrade Proposals

The Central Bank of Nigeria (CBN) has declared that it would proceed with efforts to enhance the eNaira, the country's central bank...

Nigeria’s eNaira leads in PwC’s global digital currency index

The Central Bank of Nigeria’s eNaira and the Sand Dollar of the Bahamas led the retail project indexes of central banks globally...

President Buhari claims that the CBDC may boost Nigeria’s GDP by $29 billion in ten years

The First CBDC in Africa “Indeed, some estimates indicate that the adoption of CBDC and its underlying technology, called...

Nigeria will begin a CBDC trial program in October

The Central Bank of Nigeria (CBN) will launch a pilot project for its own digital currency on October 1st, 2021, following four...

Nigerian Pop Artist Shills Meme Coin and Price Briefly Doubles — Followers Question Artist’s Motives

The Nigerian pop artist and celebrity, Davido, recently posted several tweets endorsing ‘rapdoge,’ the so-called “first deflationary meme token fully supported by...

Nigerian Lawmakers Slam Naira Devaluation, Warn of Inflation Implications

Nigeria’s House of Representatives has moved a motion calling on the country’s central bank to end the continuing devaluation of the naira....

Nigeria Leads Africa’s P2P Cryptocurrency Trade Boom with $8m Weekly Transactions

Nigerians dominated the Peer-to-Peer (P2P) cryptocurrency sales in Africa in the first four months of the year, recording on average $8 million...

Digital currency “will come to life even in Nigeria”, claims Central Bank of Nigeria Governor

Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), claims digital currency “will come to life even in Nigeria” several...

In Nigeria, the George Residence is the first hotel to welcome bitcoin

At the weekend, George Residence, a leader in the shortlet sector, confirmed its intention to use Bitcoin as both a main reserve...
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Bitcoin (BTC) Under Pressure as the Bitcoin Fear & Greed Index Retreats

On Sunday, bitcoin (BTC) fell by 2.06%. Reversing a 1.20% gain from Saturday, bitcoin ended the week up 2.33% to $21,032.
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Cardano: Is ADA all set for a bull marathon amid the roll-out of node 1.35.0?

Top crypto projects such as Cardano  seem to have doubled down on their growth and development during the bear market. Input Output Hong...

Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta

Mark Zuckerberg on the Metaverse Mark Zuckerberg, the CEO of Meta Platforms, formerly Facebook, talked about the metaverse...

‘One Rule Book’ Cryptocurrency Regulation Proposed by SEC Chair Gensler

The Financial Times reported on Friday that SEC Chairman Gary Gensler has suggested one rule book for regulating cryptocurrencies. To prevent supervision...