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Most Influential Artist: Osinachi
The Nigerian artist creates one-of-a-kind images using Microsoft Word. For this season, he depicted Mikhaylo Federov, the Ukrainian official who raised about $200 million in crypto for that country's war effort. дальше »
2022-12-6 18:14 | |
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Nigeria and Developing Africa Group ink deal to launch a crypto project on Algorand
The Nigerian government has entered a three-year Intellectual Property Right (IPR) partnership with Developing Africa Group to launch a country-wide wallet and an IP exchange marketplace. The post Nigeria and Developing Africa Group ink deal to launch a crypto project on Algorand appeared first on CryptoSlate. дальше »
2022-5-26 10:30 | |
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Nigeria Rethinks Crypto Ban, Stakeholders Hold Talks
After Nigeria had instituted a crypto ban for months, the Nigerian Communications Commission (NCC), as well as academics, government officials, and technology enthusiasts, have discussed the advantages of emerging technologies such as Blockchain in boosting the economy. дальше »
2022-4-28 04:21 | |
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Despite CBN ban, Nigeria’s Bitcoin P2P trades rose by 16%
Last year, the Nigerian Central bank prohibited banks from facilitating crypto transactions citing the need to protect the economy and investors. The post Despite CBN ban, Nigeria’s Bitcoin P2P trades rose by 16% appeared first on CryptoSlate. дальше »
2022-2-8 09:00 | |
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Nigerian Crypto Adoption Grows Despite Official Disapproval
Despite official disapproval from financial authorities, Nigerians are increasingly turning to cryptocurrency use. The post Nigerian Crypto Adoption Grows Despite Official Disapproval appeared first on BeInCrypto. дальше »
2021-10-12 16:31 | |
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Nigeria moved $40 million via peer-to-peer Bitcoin (BTC) trades last month
Data on Bitcoin peer-to-peer trading has shown that nearly $40 million worth of the leading digital asset was moved in the last 30 days by Nigerian Bitcoin users This figure is in line with those the African country had recorded since her government banned financial institutions from providing their services for crypto transactions. дальше »
2021-8-7 16:16 | |
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Nigeria’s June P2P Bitcoin Trade Volumes Surged Again Despite Central Bank’s Crypto Restrictions
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. дальше »
2021-7-13 13:00 | |
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Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community
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. дальше »
2021-7-6 14:30 | |
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Nigerian Learning Institution Says It Now Accepts Crypto as Payment for School Fees
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 institution arrived at this decision after consulting parents and guardians of the students. дальше »
2021-6-29 14:00 | |
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Nigerian High School Defies Regulatory Bodies By Accelerating Bitcoin Adoption
Countries like Nigeria, which are classified as emerging markets with weak economies, are seeing a huge surge in crypto activities. As with the case in Nigeria, these activities are usually related to crypto companies and exchanges opening operations in the country and recording significant growth in trading volume. This time though, the news is coming […] дальше »
2021-6-28 23:49 | |
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Nigerian school now accepts crypto payments despite regulatory concerns
Oxford Science Academy, a private school in northern Nigeria city of Kano now accepts cryptocurrency as a payment method for school fees. But the school says payment using cryptocurrency is optional, and that the conventional payment methods are still available to parents. дальше »
2021-6-28 13:12 | |
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Fleeing Lynchpin of Nigerian Crypto Ponzi Scheme Inksnation Captured
The lynchpin of Inksnation, one of Nigeria’s biggest crypto Ponzi Schemes, Omotade-Sparks Amos Sewanu, has been captured. According to Nigeria’s Economic and Financial Crime Commission (EFCC), Sewanu, who was on the run, was nabbed in Sokoto, a city located in the northwest part of the country. дальше »
2021-5-29 16:30 | |
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Crypto will ‘come to life’ in Nigeria, central bank governor says
Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities.
дальше »2021-5-28 12:02 | |
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Nigeria Stopping the Rejection of Old or Torn USD Notes Underlines Why Crypto Is a Better Reserve Currency
In early April 2021, the Central Bank of Nigeria (CBN) issued a circular warning Nigerian institutions to stop the practice of rejecting old or lower denomination USD notes. The CBN issued the warning after it became “inundated with complaints from members of the public on the rejection of such notes by banks and other authorized […] дальше »
2021-5-3 11:30 | |
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Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments Warning
Nigeria’s Economic and Financial Crimes Commission (EFCC) has become the latest body to warn of risks associated with cryptocurrency investments. In a public warning, the law enforcement agency argues that investing in cryptos “is a high-risk activity as the terrain is largely unregulated and prone to fraud. дальше »
2021-4-28 09:30 | |
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Nigerian Blockchain Educator Says Uncertain Regulations and Scams Slow Adoption of Cryptocurrencies
With a population of over 200 million, Nigeria is widely regarded as one the biggest crypto markets in the world. Some in the crypto world believe Nigeria is one of the few countries better placed to see a greater acceptance of digital currencies. дальше »
2021-4-15 09:30 | |
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Nigerian Vice President Yemi Osinbajo Contradicts Central Bank, Says Cryptocurrencies Must Be Regulated and Not Prohibited
In an apparent rebuke of the Central Bank of Nigeria (CBN), the Vice President of Nigeria Yemi Osinbajo says the country’s monetary authorities must consider regulating crypto assets. He adds that instead of “killing the goose that might lay the golden egg”, Nigerian monetary authorities must consider providing a “robust regulatory regime” that addresses their […] дальше »
2021-2-28 06:30 | |
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Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is ‘in the Best Interests of Nigerians’
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best interests of Nigerians. дальше »
2021-2-26 07:15 | |
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Authorities to regulate one of the world’s biggest Bitcoin markets
Two Nigerian regulatory bodies, the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC), have agreed to conduct research to regulate and govern the sector’s booming Bitcoin and crypto market. дальше »
2021-2-24 07:00 | |
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Nigerian Crypto Shut-Out Won’t Depress New Defi And Digital Asset Banking
It’s an aggressive strategy, but one that many Nigerians believe will ultimately end up failing. The Central Bank of Nigeria has announced a ban on using traditional banking structures to buy, sell or trade cryptocurrencies within the country. дальше »
2021-2-23 18:47 | |
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More harm than good? Nigerian crypto users in disbelief over CBN ban
Crypto and blockchain stakeholders in Nigeria have criticized the central bank’s decision to ban banks from servicing crypto firms. дальше »
2021-2-14 10:14 | |
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Nigerian Senate Invites Financial Regulators To Discuss Crypto Ban
An Outright Ban Won’t Solve Much Nigerian lawmakers have summoned the country's Central Bank Governor and the head of the Securities and Exchange Commission, Nigerian Tribune reports. The decision came following a session concerning the recent crypto ban that was announced by the Central Bank last week. дальше »
2021-2-12 17:39 | |
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Nigeria's central bank orders commercial banks to close accounts of crypto users
On 5 February 2021, Nigerian central bank mandated that all banks must close users' accounts that are connected to cryptocurrency transactions. The authority also reminded banking entities that deaThe post Nigeria's central bank orders commercial banks to close accounts of crypto users appeared first on AMBCrypto. дальше »
2021-2-6 21:00 | |
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African Hip Hop Artist Davido ‘Thinking of Starting a Bitcoin Trading Company’
Popular Nigerian hip hop artist Davido has sparked off a buzz about crypto assets after tweeting about his intention to start a bitcoin trading company. With the short tweet, Davido becomes the latest African celebrity to express interest in starting a crypto business. дальше »
2021-2-6 16:10 | |
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Nigeria’s Yellow Card Processes $165 Million in Crypto Remittances So Far This Year
Nigerian crypto startup Yellow Card says it processed over $165 million in volume during the first eleven months of this year. The figure represents a growth of more than 1,840% over the amount of remittances processed in the last six months of 2019. дальше »
2020-12-7 13:30 | |
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Nigeria’s Finance Ministry to Collaborate With SEC on Crypto Framework
This was revealed in Lagos on Nov 24 at the ‘Fintech In Nigeria: State Of Play’ conference organized by The Economist Intelligence Unit and Mastercard. Speaking at the event, Special Adviser on ICT to the Minister, Armstrong Takang stated that the Nigerian government “sees an opportunity” in crypto and blockchain adoption, and will thus create … Continued The post Nigeria’s Finance Ministry to Collaborate With SEC on Crypto Framework appeared first on BeInCrypto. дальше »
2020-11-24 23:05 | |
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Nigerian Authorities Put Mastermind of the Inksnation Crypto Scam on Wanted List
Nigeria’s Economic and Financial Crimes Commission (EFCC) is seeking the public’s help in locating Omotade Sparks Amos Sewanu, the mastermind behind the Inksnation crypto scam. According to a notice published in the local media on November 11, the EFCC wants Sewanu to respond to fraud charges relating to Inksnation’s purported crypto token- Pinkoin. дальше »
2020-11-17 23:45 | |
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Brazen Nigerian Crypto Scam Inksnation Still Operational Three Months After Regulator Warning
One of Nigeria’s most brazen crypto scams, Inksnation remains operational and still invites new investors some three months after the country’s Securities and Exchange Commission (SEC) deemed its activities illegal. дальше »
2020-9-21 18:00 | |
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Nigerian SEC Classifies Crypto as Securities in Landmark Regulation
Nigeria’s Securities and Exchange Commission on Monday 14 Sep. announced that it recognizes crypto assets as securities, therefore bringing them under its regulatory jurisdiction. In a statement posted on the commission’s website, the regulator explained that it classifies such assets under the regulatory guidelines of Nigeria’s Investment and Securities Act, 2007 (Section 13). дальше »
2020-9-15 21:45 | |
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Nigerian Crypto Startup Yellow Card Raises $1.5 Million For Expansion in Africa
Yellow Card has raised $1. 5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. дальше »
2020-8-31 01:00 | |
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Remitano Adds Nigerian Naira Wallet with Instant Trade Feature
Remitano, one of the most popular peer-to-peer cryptocurrency marketplaces in Nigeria, has added a fiat wallet for Naira (NGN). This brand-new Naira fiat wallet will allow users (of Level 2 and above) who require quick transfers between Naira and crypto on the platform. дальше »
2020-5-21 14:46 | |
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Crypto Community Warns Of A Fake Charlie Lee YouTube Interview Scam, Promising To 10x Your Litecoin
A new crypto scam has appeared and this time it does not involve Elon Musk nor any Nigerian Prince. Jon Moore, known as the CEO of Tech Support, and the Litecoin Foundation’s John Kim have recently found a scam in which the criminals try to impersonate the founder of Litecoin, Charlie Lee. This is a […] дальше »
2019-11-15 01:23 | |
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Crypto exchange Luno lists Naira-Ethereum trading market
Luno, a global bitcoin and cryptocurrency exchange company, announced today that it is launching an Ethereum (ETH)-Nigerian Naira (NGN) exchange market. For users, this means that they can now buy Ethereum using Nigerian Naira on the Luno Exchange. дальше »
2019-10-28 14:16 | |
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Crypto Exchange Binance Adds First Fiat Trading Pair, CEO Hints More Will Follow
Binance has added its first fiat currency trading pair. Nigerian users of the platform will now be able to deposit using their local currency, the naira, at the popular crypto trading venue. Previously, users of the platform have only been able to trade cryptocurrency for other cryptocurrency. дальше »
2019-10-25 23:00 | |
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Binance Launches Support for Nigerian Naira in Partnership with Flutterwave
Coinspeaker Binance Launches Support for Nigerian Naira in Partnership with FlutterwaveBinance has announced that Nigerian crypto enthusiasts anywhere in the world, will now have access to crypto trading, with support for the Nigerian Naira. дальше »
2019-10-24 16:31 | |
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Bitcoin Ransom Demanded for Politician’s Daughter, Crypto-Illiterate Father Brings Her Home Alive and Unmolested
A Nigerian politician paid a ransom in Bitcoin to ensure his daughter’s freedom and safety with little knowledge of crypto or how to make Bitcoin transactions дальше »
2019-9-17 16:20 | |
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Alleged Paxful Fraud Blocks Nigerian Users from Millions in Crypto Funds
In Nigeria, thousands of cryptocurrency investors and traders have reportedly lost access to millions of dollars. Paxful Incorporated, a major cryptocurrency services firm based in Estonia, is accused of large-scale fraud, reportedly suspending the accounts of Nigerian users. дальше »
2019-4-8 18:52 | |
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Crypto Exchange Petitioned for Defrauding Nigerians, They’re Scammers Says Co-founder
A Nigerian Non-Governmental Organization, United Global Resolve For Peace (UGRF), has petitioned the Central Bank of Nigeria (CBN), the Economic and Financial Crimes Commission (EFCC) and the Ministry of Foreign Affairs. дальше »
2019-4-7 15:32 | |
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Nigerian Presidential Candidate Promises Blockchain, Crypto Regulation
Presidential hopeful Atiku Abubakar says if elected to office, he will focus on boosting the local economy by supporting cryptocurrencies and blockchain technology through a comprehensive policy. дальше »
2018-11-27 15:22 | |
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