Nigeria Financial News
19.12 / 08:55
business
Adoption
SEC
Bitcoin
Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies
The Nigerian government will reportedly soon pass a law that will recognize the usage of Bitcoin (BTC) and other cryptocurrencies as a means to keep up to date with “global practices.”
16.12 / 17:23
Digital
Mobile
boost
Withdrawals
Nigeria limits ATM withdrawals to boost digital payments
The limit is the latest effort by Nigeria to discourage cash usage.
12.12 / 13:55
Africa
Lightning Network
Bitcoin
network
bitcoin lightning
Bitcoin Lightning Network to be used in fiat transfers between EU and Africa
The ongoing crypto winter is not stopping the industry from pushing for global adoption and accessibility. A new partnership between CoinCorner and Bitnob opens a way for users across continents to perform cross-border transactions involving multiple fiat currencies.
08.12 / 04:47
Digital
Mobile
boost
Withdrawals
Nigeria limits ATM withdrawals to boost digital payments
The limit is the latest effort by Nigeria to discourage cash usage.
07.12 / 19:29
Ethereum
Tether
Blockstream
Bitcoin
ING
Today in Crypto: Noteworthy Announced 5 mBTC Note Sale, Fir Tree Sued Grayscale, Blockstream Rais(ing/ed) Funds
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
07.12 / 13:19
Blockchain
Report
Report outlines reasons why stakeholders are against CBDC
While some countries like Nigeria are aggressively pushing the use of central bank digital currencies (CBDCs), a new report summarized why a number of private stakeholders are against the idea of a CBDC.
07.12 / 06:11
Adoption
Central Bank
ATM
Withdrawals
week
Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC
Nigeria has drastically reduced the amount of cash individuals and businesses can withdraw as it attempts to push its “cash-less Nigeria” policy and increase the use of the eNaira — Nigeria’s Central Bank Digital Currency (CBDC).
06.12 / 15:37
Lightning Network
lightning
Bitcoin
Cross-border
Strike partners with Bitnob to facilitate cross-border payments into Africa
The Lightning Network has struck Ghana, Kenya and Nigeria. During a conference in Ghana, Strike CEO Jack Mallers announced that the Bitcoin (BTC) payments company has partnered with the mobile app Bitnob to facilitate payments into Africa.
04.12 / 21:53
business
Africa
AAX clients storm exchange's office in Lagos following operational halt
Nigerian customer's of the crypto exchange AAX reportedly attacked the company's office in Lagos and harassed its employees, in a response for the recent halt of withdrawals, according to local reports from Dec. 3.
29.11 / 22:45
Blockchain
COST
Provident
Platform
ecommerce
Integrating Crypto Payment to Ecommerce
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
29.11 / 14:33
Football
Migrants survive sat on rudder as ship arrives in Spain's Canary Islands
Three African migrants travelled on a ship's rudder to reach Spain's Canary Islands, say authorities.
28.11 / 19:31
Blockchain
Ethereum
SEC
coinbase
UK crypto
Today in Crypto: UK Crypto Fraud Up 32% in Year, Line to Shut Down Bitfront Exchange, Nigeria Won't Include Crypto in Plans to Improve Digital Asset Trading
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
25.11 / 01:01
CBDC
Adoption
BIS report finds uneven progress, differing motivations in African CBDC adoption
Mobile money has been a strong competitor to central bank digital currency (CBDC) in Africa, but many of the continent’s central bankers have greater faith CBDC, according to a Bank for International Settlements (BIS) report published Nov. 24. African central bankers also saw greater utility in CBDC for implementing monetary policy than bankers in other parts of the world, according to the BIS.
25.11 / 01:01
regulation
IMF
IMF calls for tighter crypto regulation in Africa as the industry unfolds
The International Monetary Fund (IMF) is calling for increased regulation of Africa's crypto markets, one of the fastest-growing markets in the world, the global institution blog reported on Nov. 22.
24.11 / 09:31
cryptocurrency
cryptocurrency prices
Crypto price
Top Cryptocurrency Prices Today November 24: Bitcoin and Ether in green as crypto mcap increases
Major cryptocurrencies were trading in the green early on November 24 as the global crypto market cap increased 1.97 percent to $837.27 billion, over the last day. On the other hand, the total crypto market volume dropped 4.17 percent to $61.23 billion over the last 24 hours.
23.11 / 17:49
16.11 / 03:31
business
Funding
FTX
FTX bankruptcy freezes millions worth of crypto company funds
The collapse of the cryptocurrency exchange FTX continues to have knock-on effects throughout the crypto industry with multiple crypto-focused companies reporting significant amounts of their capital stuck on FTX.
27.10 / 17:11
Blockchain
Adoption
Africa
exchanges
Backed
Coinbase, Alameda-backed Mara launches African crypto wallet service
Some two million users in Nigeria and Kenya are set to be onboarded to a new cryptocurrency wallet backed by the likes of Coinbase Ventures and Alameda Research.
27.10 / 10:23
Blockchain
Provident
Digital
Platform
Gluwa Blockchain Partners With Lagos State Government to Digitize Agricultural Assets
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
26.10 / 07:51
CBDC
Adoption
enaira
Nigerians' passion for crypto is stopping short at the eNaira
Nigeria’s central bank digital currency (CBDC) is not getting the warm reception expected from its crypto-savvy population.
24.10 / 12:35
Adoption
Google
community
Bitcoin
Web3 grows in online searches as interest in Bitcoin declines: Google Trends
The global crypto community has started to redirect its interest from Bitcoin (BTC) to Web3, according to Google search trends.
latest developments in Nigeria
What is the current situation in Nigeria?
In Nigeria, the spotlight is on local government initiatives that impact the interests of residents.
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We publish reliable reports about the situation in Nigeria, based on information from trusted sources.
What shapes the media agenda in Nigeria?
The news landscape of Nigeria is shaped by major cultural and social events, reflecting its specific characteristics.
