Blockchain can combat illicit fund transfers, Nigeria’s top finance investigator says

2024-7-1 18:39

Nigeria's Economic and Financial Crimes Commission (EFCC) chair, Olanipekun Olukoyede, advocates for the adoption of blockchain technology and artificial intelligence (AI) to combat illegal fund flows,

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The Lekki Free Zone is Set to Collaborate with Gluwa on Blockchain Technology

The Lekki Free Zone Development Company (LFZ) is in discussions with Gluwa, a blockchain technology company, as part of an effort to increase its economic impact in Nigeria. The two parties are looking to collaborate and use blockchain to promote trade cooperation, business growth, and sustainability among new and existing Free Zone enterprises. In addition, […]

2022-9-22 19:17


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.

2020-11-24 23:05


CampusBCAT2019 in University of Ibadan: The Largest Ever Blockchain & Cryptocurrency Event in Southwest Nigeria

CampusBCAT2019 which was held on the 7th of September 2019, at the prestigious University of Ibadan organized by CryptoTVPlus, the topmost Blockchain and Cryptocurrency media platform from Africa has officially set a new record as the most attended event in the southwestern part of Nigeria bothering around the Blockchain and Cryptocurrencies.

2019-9-17 08:45


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Nigeria: Speaker of the House of Reps Believes in Cryptocurrency and Blockchain

Nigeria’s Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila, has said that the proliferation of bitcoin (BTC), altcoins and distributed ledger technology (DLT) into the global financial ecosystem has made it quite critical for the most populous nation in Africa to formulate amenable regulations for its cryptospace in order not to be leftRead MoreRead More.

2019-7-24 17:00


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Moonday Mornings: Cryptocurrency market at 5-month high, Paxful under fire, and more

It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports.

2019-4-8 11:17


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Nigeria’s Opposition Leader Promises Cryptocurrency Policy If Elected President

Nigeria’s main opposition leader and former vice president, Atiku Abubakar, has said the country will adopt blockchain technology and cryptocurrency if he is voted into power. In his policy document, Abubakar revealed plans to create a legal policy that, among other things, will see blockchain and cryptocurrencies taught from primary school through university.

2018-11-23 00:50


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Nigerian Startups Call for Cryptocurrency Regulation to Stem Investment Outflows

Nigeria’s financial technology startups have called on the Central Bank of Nigeria (CBN) to provide legal guidelines for the cryptocurrency and blockchain industry. A lack of regulation is driving investment out of Africa’s biggest economy to areas like Rwanda and Europe while fomenting uncertainty, according to the Electronic Payment Practitioners Association of Nigeria (E-ppan).

2018-11-10 02:15


Quidax Exchange Launches Blockchain And Cryptocurrency Education Operations In Nigeria

A cryptocurrency exchange based in Europe, Quidax, has launched its digital asset exchange in Nigeria, aiming to educate the residents about cryptocurrencies and blockchain technology. The exchange will allow users to buy and sell six cryptocurrencies, which include Bitcoin Cash, Bitcoin Gold, Ethereum, Bitcoin, Litecoin, and Ripple. The platform will, however, expand to support more […]

2018-10-29 01:58