Новости о Country Nigeria [ Фото новости ] [ Свежие новости ] | |
Bitcoin, Ethereum peer-to-peer volumes in Nigeria continue surging
Despite the crypto ban in Nigeria, the country has recorded massive growth in its peer-to-peer bitcoin trade volumes in recent times. Available data has revealed that in the month of June, citizens of the country traded around $38 million worth of digital assets —the second time the country has recorded volume above $35 million. дальше »
2021-7-13 10:03 | |
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Currency devaluation in Nigeria is driving a crypto boom in the country
Data from analytics firm Chainalysis shows that in May, Nigerians received a marked increase in crypto compared to last December. The post Currency devaluation in Nigeria is driving a crypto boom in the country appeared first on CryptoSlate. дальше »
2021-7-7 18:00 | |
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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 Currency Overvalued by 10% Says Central Bank Governor
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has reportedly told investors that the country’s currency is overvalued by 10%. The governor’s remarks, which have been confirmed by two unnamed sources, suggest that the central bank is planning to devalue the naira again. дальше »
2021-7-1 14:30 | |
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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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New World Bank Report: Nigeria’s Exchange Rate Policies Fueling Inflation, Affecting Food Prices
Nigeria’s use of multiple exchange rates regimes may have contributed to a rise in the country’s inflation rate, the latest World Bank report has said. In addition, the report says ongoing restrictions on the use and movement of foreign exchange are “further pushing up prices of food and agricultural inputs like fertilizer.” Misaligned Exchange Rates […] дальше »
2021-6-22 14:30 | |
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Why Nigeria Could Be The Next Nation To Embrace Bitcoin
There has been a high level of speculation on the next country that could massively adopt Bitcoin. El Salvador’s new law granting BTC legal tender status has caused excitement, after its approval many politicians and government officials around the globe have shown support for pro-BTC legislation. дальше »
2021-6-16 20:52 | |
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Nigerian Lawmakers Slam Naira Devaluation, Warn of Inflation Implications
Nigeria’s House of Representatives has moved a motion calling on the country’s central bank to end the continuing devaluation of the naira. In his unanimously adopted motion, House Representative Bamidele Salam warned the Central Bank of Nigeria (CBN) of the negative “implications of further devaluing the naira. дальше »
2021-6-11 01:00 | |
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Will Nigeria Lead The Digital Currency Movement In Africa?
Nigeria’s apex regulatory bank, The Central Bank of Nigeria (CBN), earlier this week hinted at its plans to create a digital Naira. Godwin Emefiele, the nation’s CBN Governor, made this disclosure at a Monetary Policy meeting held in Abuja, the country’s capital. дальше »
2021-5-30 21:43 | |
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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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Official Remittances to Nigeria Plummet by Almost 40% in a Year When Crypto Use Surged
According to the latest data from the World Bank, international money transfers into Nigeria dropped by nearly 40% from $23.8 billion recorded in 2019 to $17.2 billion in the past year. Yet despite this fall, remittances, which account for 4% of the country’s GDP, still remain an important source of foreign exchange for the oil-rich […] дальше »
2021-5-14 10:00 | |
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By Google Search rates, Nigerians are more interested in Bitcoin than any other nation
The country with the largest population in Africa seems to be housing a large number of residents whose interest in cryptocurrencies is comparable to none. The giant of Africa seems to be on its way to becoming the giant of Bitcoin in Africa, as Nigeria ranks number one in the search rate of Bitcoin by […] дальше »
2021-4-27 15:26 | |
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Bitcoin (BTC) accepted here: Nigerian hotel tells customers
George Residence, a hospitality holding in Lagos, Nigeria, has become the first hotel in the country to accept Bitcoin payments. Additionally, the hotel hopes to expand its balance sheet and adopt the top cryptocurrency as its primary reserve. дальше »
2021-4-27 14:37 | |
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P2P Bitcoin Traders in Nigeria Think Outside the Box in the Wake of CBN Restrictions
After the Central Bank of Nigeria issued a directive targeting the country’s cryptocurrency industry, bitcoin and altcoin trade volumes on centralized exchanges immediately plunged. Nevertheless, the new regulations seem to have succeeded in boosting crypto trade volumes on informal markets or on peer-to-peer trading platforms. дальше »
2021-4-18 16:30 | |
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Central Bank of Nigeria Blocks Fintech Startups From Accessing KYC Service— Decision Described as an ‘Attack on All Fintechs’
The Central Bank of Nigeria (CBN) has recently suspended the provision of the bank validation number (BVN) service to all fintech and third-party partners. The decision means non-banks entities include crypto startups “have lost one of the most comprehensive means of identity verification in the country. дальше »
2021-4-12 21:30 | |
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Nigeria’s Central Bank Okays Peer-to-Peer Bitcoin Trading
The Central Bank of Nigeria (CBN) has clarified its stance towards bitcoin (BTC) and other cryptocurrencies, making it clear that crypto traders in the country are free to carry out their operations on a peer-to-peer basis, as its ban did not outlaw the use of cryptos, but it’s rather an effort to protect lenders underRead More дальше »
2021-3-23 00:00 | |
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Central Bank of Nigeria Never Banned Cryptocurrency Trading, Clarifies Governor
The Central Bank of Nigeria (CBN) said they never banned the use of cryptocurrencies in the country, and they are not discouraging people from trading with crypto assets either. The clarification came from Godwin Emefiele, deputy governor Adamu Lamtek, on behalf of Godwin Emefiele, the governor of the central bank, at the 30th seminar for […] The post Central Bank of Nigeria Never Banned Cryptocurrency Trading, Clarifies Governor first appeared on BitcoinExchangeGuide. дальше »
2021-3-22 16:21 | |
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Nigeria to Pay 1.2 Cents for Each Dollar Remitted to the Country to Combat Cryptocurrency Use
The Central Bank of Nigeria (CBN) has announced a scheme that seeks to boost international remittances as well as to encourage the use of official corridors when retrieving funds. The CBN’s move to incentivise recipients follows the plummeting of the country’s official remittances inflows as recipients opt for non-traditional corridors such as cryptocurrencies. Declining Remittances […] дальше »
2021-3-9 15:00 | |
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Nigeria’s Vice President makes a surprising case for Cryptocurrencies
A contradictory statement has recently been made by Nigeria’s Vice president Prof. Yemi Osinbajo, concerning the recently imposed Cryptocurrency ban by the country’s Central bank. The Vice President explained at the CBN bankers committee economic summit, that digital currencies are an inevitable part of the country’s economy. дальше »
2021-3-2 11:23 | |
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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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Interview: Bitcoin In Nigeria With Ahyke Otutubuike
This episode of "Bitcoin In Asia" hosted Nigerian writer Ahyke Otutubuike to discuss the state of cryptocurrency in his home country. The post Interview: Bitcoin In Nigeria With Ahyke Otutubuike appeared first on Bitcoin Magazine. дальше »
2021-2-23 00:00 | |
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Nigeria’s SEC and Central Bank Partner to “Look Into” Cryptocurrencies Weeks After Ban
After a few weeks of placing a ban on cryptocurrency trading in the country, the Central Bank of Nigeria has agreed to partner with the country’s SEC to study cryptocurrencies further for a better regulation strategy. дальше »
2021-2-23 22:42 | |
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Nigeria – The People Fight Back Against Central Bank Cryptocurrency Limitations
Nigeria’s central bank recently made headlines enforcing cryptocurrency restrictions on how the country’s banking sector works. Specifically, CBN reminded regulated financial institutions yesterday that a 2017 regulation prohibits them from facilitating cryptocurrency transactions or facilitating payments for exchanges. дальше »
2021-2-23 22:35 | |
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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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Binance Launches Express Mode, Adds Nigerian Naira for P2P Trading
Nigeria is the second-largest peer-to-peer (P2P) cryptocurrency market in the world. The country suffered a huge blow on Feb. 5 when its apex bank released a circular issuing a ban on cryptocurrency trading. дальше »
2021-2-12 17:13 | |
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The Future of Crypto in Nigeria After CBN Ban
In a sudden announcement on Friday afternoon, the Central Bank of Nigeria banned the trading of cryptocurrencies across the country. Crypto has always been posed as a threat to traditional financial institutions and since the inception of bitcoin regulators have struggled to come to terms with the concept of a currency out of their reach. дальше »
2021-2-12 14:47 | |
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Nigerian Bitcoin Traders Flock to P2P Exchanges Following Ban
Nigerian bitcoin (BTC) traders have vowed to continue plying their trade on peer-to-peer (P2P) exchanges and other alternative channels in the wake of the blanket ban on digital currencies by the country’s apex, the Central Bank of Nigeria (CBN). дальше »
2021-2-11 21:00 | |
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Central Bank of Nigeria Denies It Has Placed New Restrictions on Cryptocurrencies — Uses Debunked Claims to Justify New Directive
Following the outcry over the Central Bank of Nigeria’s latest directive that targets cryptocurrencies, the institution has reaffirmed its stance with another statement. In the latest five-page document, the CBN insists that this directive is intended to protect the country’s financial system from the “risks” that are associated with cryptocurrencies. Debunked Claims Still, the central […] дальше »
2021-2-10 12:05 | |
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Nigerian Youths Are Unfazed By Country’s New Bitcoin Ban
As we reported earlier, the Central Bank of Nigeria has warned that henceforth, all financial institutions facilitating all forms of cryptocurrency transactions in the country will face the rot of regulatory bodies. дальше »
2021-2-6 19:03 | |
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Big Blow For Bitcoin In Africa As Nigeria’s Central Bank Bans Cryptocurrency Trading
According to data by Paxful, a top crypto trading platform, Nigeria had the second-largest crypto trading volume in the world, placing the country firmly in line to becoming one of the biggest crypto hubs in the world moving forward. дальше »
2021-2-6 18:41 | |
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Nigerian Youth Propels the Country to the Top of Google Bitcoin Search Rankings
Nigeria, one of the biggest cryptocurrency markets in the world, recently emerged as the country with the highest number of bitcoin searches globally, according to Google Trends data. The data shows that the West African country has a search score of 100, which is more than double that of its nearest rival. Youth-Driven Interest According […] дальше »
2021-1-15 07:15 | |
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Nigeria Emerges Second World’s Biggest Bitcoin Market in Just Five Years
Analysis has revealed that Nigeria has emerged as the world’s second-largest Bitcoin Market, according to the citizens’ transactions in the last few years. Following the leading peer-to-peer bitcoin marketplace, Paxful’s record, the country has traded over 60,215 Bitcoin in the last five years. дальше »
2020-12-18 21:47 | |
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Central Bank of Nigeria Governor Decries the Use of Parallel Exchange Rate as Citizens Switch to Crypto
The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does not exceed 5%. дальше »
2020-12-4 06:00 | |
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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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Forex Strapped Nigeria Designates Crypto Assets as Securities
The Securities and Exchange Commission (SEC) of Nigeria has designated crypto assets as securities as the authorities step up efforts to regulate Africa’s largest cryptocurrency market. The SEC says the classification of crypto assets for regulation is consistent with the country’s investment and securities laws of 2007. дальше »
2020-9-16 23:30 | |
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Nigeria’s Foreign Currency Crisis Boon for Bitcoin: Country Tops Wallet Downloads Ahead of the US
Nigeria’s weakening naira currency, as well as the shortage of U. S. dollars, are forcing businesses to switch to bitcoin as the means of settling payments for international transactions. Nigerian businesses need the American currency to buy new supplies, as well as to order essential equipment from abroad. дальше »
2020-8-22 00:00 | |
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Bitcoin Adoption Explosion in Africa, Led by Nigeria, Kenya, and South Africa
Bitcoin continues to gain traction in Africa, with Kenya being the most bitcoin maximalist country, with 94. 7% dominance. The top 10 list also contains Nigeria at the 5th spot and South Africa at the 6th spot. дальше »
2020-7-5 18:41 | |
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Wifi Sharing Platform Wicrypt Gets Government Grant in Nigeria
A crypto startup providing wifi hotspot sharing services in Nigeria has won funding from the country’s telecom regulator. Wicrypt placed second among 25 tech companies participating in an innovation competition organized by the Nigeria Communication Commission and it’s going to receive a grant worth 2 million naira to finance its project. дальше »
2020-1-2 23:15 | |
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Bitcoin Most Popular in Africa Right Now
The Google search trends of “Bitcoin” term have moved from Western countries to Asia and Eastern Europe throughout the years and recently landed in Africa, according to Binance Research. Bitcoin Now Most Popular in Nigeria Earlier today, Binance Research presented a short video demonstrating the changes in heat ranking of Bitcoin term in Google search by country. дальше »
2019-9-26 15:30 | |
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CEO of Nigeria’s Deposit Insurance Corporation (NDIC) Cautions Public of Risks in Cryptocurrencies
Umaru Ibrahim, the CEO and managing director of the NDIC, released a notice warning the public against heavy reliance on cryptocurrencies as payment options in the country. The official press release by the corporation states that the CEO advises ‘maximum caution’ when dealing with cryptocurrencies. The comment were made during a courtesy call by the […] дальше »
2019-7-26 19:44 | |
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Over 15% Of Nigerian PoS Transactions Failing, Cryptocurrencies To The Rescue
Over 15% Of Nigerian PoS Transactions Failing, Cryptocurrencies To The Rescue Nigerians continue to experience declined transactions on Point of Sales (PoS) terminals all over the country as Nigeria Inter-Bank Settlement System (NIBSS) showed a high failure rate of 15. дальше »
2019-4-9 20:34 | |
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Nigeria: Users Accuse Paxful Bitcoin Exchange of Fraud and Illegal Account Closures
Aggrieved Nigerians are demanding that the country’s banking and financial regulators, as well as the Foreign Affairs Ministry (NIIA), look into allegations of fraud leveled against Paxful – a bitcoin peer-to-peer (P2P) exchange platform, reports The Guardian, April 6, 2019. дальше »
2019-4-9 05:00 | |
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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. дальше »
2019-4-8 11:17 | |
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