Muhammadu Buhari News
29.11 / 12:55
Government
Blockchain
Technology
regulation
Stakeholder urges swift implementation of Nigeria’s blockchain policy
A stakeholder in the blockchain and fintech ecosystem has called on the federal government of Nigeria to implement regulations that will foster the widespread integration of the approved blockchain policy in the country. Nigeria’s National Blockchain Policy aims to deliver economic growth, job creation and more financial inclusion.
14.11 / 00:09
Provident
Platform
President
country
social
Relationships
International
Nigeria signs $1.2 billion deal with Chinese state-owned company to revamp key gas plant
Nigeria has inked a $1.2 billion deal with a Chinese firm to revitalize a gas processing facility, a move that officials say could propel the African country to a leading position in aluminum production
10.06 / 15:57
business
Binance
regulation
Africa
Nigeria regulator halts Binance operations: Report
It has been a tough week for cryptocurrency exchange Binance. On June 9, Nigeria's securities authority reportedly deemed the exchange illegal, just days after Binance was sued by the U.S. Securities and Exchange Commission.
10.06 / 08:03
Blockchain
regulation
Taxes
Nigeria to tax crypto, digital assets 10% on capital gains: Experts react
On the eve of his departure from office, May 28, former President Muhammadu Buhari signed into law the Finance Act 2023.
06.03 / 17:15
business
regulation
Fiat Money
Naira redesign no more: President’s directive canned by Nigerian supreme court
The supreme court of Nigeria has ruled that the old N200, N500, and N1,000 naira notes remain in circulation till Dec. 31, 2023, effectively nullifying the naira redesign previously announced by Nigerian President Muhammadu Buhari. The introduction of redesign sought to phase out the use of the old naira notes.
05.09 / 19:20
Citi
Provident
Binance
Digital
Nigeria, Binance in talks to develop crypto-friendly economic zone
Binance, the world’s leading cryptocurrency exchange, has held talks with the Nigeria Export Processing Zones Authority (NEPZA) to create a virtual economic zone in West Africa. The partnership aims to build a crypto-friendly zone similar to the Dubai Virtual Free Zone, announced NEPZA on Twitter.
05.09 / 12:17
05.09 / 09:35
business
Blockchain
Binance
Africa
Nigeria, Binance in early-stage talks for crypto-friendly economic zone
The Nigerian government has held a preliminary meeting with crypto exchange Binance to potentially establish a special economic zone aimed at supporting crypto and blockchain-related businesses.
08.05 / 15:37
UPS
cryptocurrency
Digital
cryptocurrency news
Bitcoin
Cryptocurrency In Africa: Here’s All You Need To Know
Many African countries are warming up to the idea of adopting cryptocurrencies
02.11 / 00:31
business
Blockchain
Technology
Adoption
enaira
eNaira slowly gains traction post-launch amidst glitches
The rollout of the world's second central bank digital currency, or CBDC, is off to a rocky start. Last week, Nigeria rolled out its eNaira CBDC after the Bahamas became the first country in the world to launch theirs, known as The Sand Dollar, the year prior.
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