Nigeria Financial News

12.04 / 13:25

business Adoption Report Bitcoin services Financial Lack of proper financial services boosts crypto ownership in Nigeria, says report

A new study has revealed staggering growth in crypto adoption across Nigeria, fueled by limited access to affordable fiat-based financial services in Africa.

10.04 / 14:17

Government Blockchain Africa Bitcoin Here’s what’s happening in Web3 across Africa

Whatever you prefer to call it — crypto, blockchain or Web3 — this new segment of the digital economy is booming across Africa. If you’ve been sleeping on the sector, now’s a good time to wake up.

07.04 / 19:51

Provident Extreme Aware CoinEx CoinEx Charity Offers Humanitarian Aids & Raises Awareness of Hunger

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

07.04 / 19:51

Stablecoin Binance Bitcoin Janet Yellen on Crypto Regulation, UFC's Bitcoin Bonuses, 'Largest Crypto Merger' + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

06.04 / 21:33

Government Blockchain Adoption testing Sweden’s central bank completes second phase of e-krona testing

The Swedish central bank’s digital currency project, a proposed CBDC, known as the e-krona has successfully finished its second phase of trials. According to Riksbank, the nation's central bank, the asset is now technically ready to be integrated into banking networks and facilitate transactions.

05.04 / 09:57

Crypto investing Crypto Investors More than half crypto investors made their first buy in 2021: Gemini

crypto investors in India and the world, 2021 was a breakout year as this new-age asset class evolved into a global phenomenon, revealed a report titled 'The Global State of Crypto Report 2022' by Gemini Crypto Exchange. According to a report by Gemini, New York-based global cryptocurrency exchange, the trend is likely to continue. For the purpose of this study, the exchange examined more than 30,000 adults across 20 countries, including India. The survey was conducted online between November 23, 2021, and February 4, 2022, with participation from adults up to the age of 75. The study was conducted on behalf of Gemini by Data Driven Consulting Group.

05.04 / 05:51

Government Stablecoin Adoption Tether More than three-quarters of central banks considering a CBDC: research

More than 80% of central banks are interested in launching a Central Bank Digital Currency (CBDC) or have already done so according to research conducted by accounting firm PwC.

05.04 / 05:19

FIVE Gap coinbase Bitcoin Why 2021 was crypto’s ‘breakout year’ & which countries are leading ownership

You may have seen analysts, traders, and builders boldly claiming that 2021 was crypto’s “breakout year.” It’s certainly hard to deny, when considering the explosion of press and memes that came with the rise of dog-themed coins and then ape-themed NFTs. But how to prove this?

29.03 / 18:53

UPS MarathonZ, Still on Pre-sale, Sells Out 50% of Tokens in 48 Hours

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

29.03 / 15:35

NFT United Nations Meta 5ire wins the AIBC 2022 'Social Impact Project of the Year' award

5ire, a 5th generation blockchain network, has bagged the AIBC Asia's 'Social impact Project of the Year' award held in Dubai, the United Arab Emirates on March 20th, 2022. 5ire is founded by two entrepreneurs of Indian origin, Pratik Gauri and Prateek Dwivedi, along with crypto financier Vilma Mattila from the United Kingdom. Appreciating the winners, AIBC underlined the importance of Social Impact, saying, «The stronger our ties develop, the more powerful blockchain becomes.»

26.03 / 00:29

Blockchain CBDC Bank of England MIT adds the Bank of England to its stable of CBDC digital currency research partners

The Bank of England announced Friday that it had reached an agreement with the Massachusetts Institute of Technology Media Lab Digital Currency Initiative, or DCI, on a joint twelve-month research project on Central Bank Digital Currency, or CBDC. The bank said in a statement that the new project was for research purposes only, and not intended to develop an operational CBDC.

25.03 / 01:07

business Oil and Gas Bitcoin Power Exxon Mobil is using excess natural gas to power crypto mining: Report

United States-based energy producer Exxon Mobil has reportedly been running a pilot program aimed at using the energy from excess gas to power crypto mining rigs — and it may be expanding its operations to four other countries.

13.03 / 14:15

cryptocurrency Provident Digital central bank digital currency Here Are The Timelines And Status Of Central Bank Digital Currencies In Some Countries

Quite a few countries like India and the United States are considering central bank digital currencies

09.03 / 14:59

Digital CBDCs Bitcoin Executive US President executive order US President To Sign Executive Order For A 'Digital Dollar', Says White House

US president to sign executive order for a 'Digital Dollar', says White House

03.03 / 19:21

Blockchain Progressive Action CoinEx CoinEx Charity Launches USD 10 Million Charity Fund to Improve Global Public Welfare

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

25.02 / 15:57

Ethereum Adoption NFT Rakuten launches NFT marketplace to capitalize on growing adoption in Japan

Major Japanese e-commerce firm Rakuten has announced the launch of its own nonfungible token (NFT) trading platform dubbed Rakuten NFT.

24.02 / 14:23

UPS Provident BLOCK Waters Floki School in Nigeria Nearly Halfway Complete

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

15.02 / 10:05

Blockchain cryptocurrency Funding Blockchain startup 5ire raises $100 million from GEM

Blockchain network 5ire has raised $100 million investment from GEM Global Yield LLC SCS (GGY), a Luxembourg-based private alternative investment group, with the aim to go public.

10.02 / 16:51

Blockchain CBDC regulation Central Bank of Kenya seeks public input on potential CBDC

The Central Bank of Kenya (CBK) has published a discussion paper on its central bank digital currency (CBDC), seeking public input on the potential benefits and risks and regulatory issues of introducing a CBDC in Kenya.

01.02 / 22:17

UPS Digital Racing Post successful pilot test, Jamaica may begin nationwide CBDC rollout this quarter

The global race between governments to launch a central bank digital currency (CBDC) has heated up exponentially over the past month, especially now that some of these currencies have already been rolled out by countries like Nigeria and the Bahamas.

01.02 / 13:35

Economist Lisa Cook in Her Own Words

President Biden has nominated Lisa Cook, a professor of economics and international relations at Michigan State University, to join the Federal Reserve Board of Governors. She previously worked as a senior economist at the White House Council of Economic Advisers during the Obama administration and spent a year as a Treasury Department senior adviser during the Clinton and George W. Bush administrations.

what's happening in Nigeria

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In Nigeria, the spotlight is on local government initiatives that impact the interests of residents.

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