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Nigerian authorities call on government to ban Binance amid Naira crisis
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Nigerian government to prohibit the operations of Binance because it was exacerbating the strain on the Naira, according to local media outlet The Cable. дальше »
2023-8-10 00:30 | |
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Nigerian SEC doubles down on Binance warning despite its recent approval in Dubai
The Nigerian Securities and Exchange Commission (SEC) reiterated its warning that Binance’s operation within the country was illegal, according to a July 28 statement. In its new notice, the regulator specifically mentioned Binance’s official website, stating that: “The Commission again reiterates that the activities of Binance, https://www. дальше »
2023-7-31 20:00 | |
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Binance's Activities Are Illegal in Nigeria, Securities Regulator Says
The regulator also ordered all crypto platform providers to stop reaching out to Nigerian investors. дальше »
2023-7-31 12:15 | |
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Nigerian social payments app shuts down crypto exchange services
The company said it would shut its exchange services as part of the shareholders’ decision to restructure the business to focus on Cashlink. дальше »
2023-7-22 10:04 | |
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US Prosecutors Slap Celebrity Crypto Scammer With Eight-Year Prison Term
A Nigerian crypto scammer was sentenced to over eight years in federal prison for defrauding US businesses. The post US Prosecutors Slap Celebrity Crypto Scammer With Eight-Year Prison Term appeared first on BeInCrypto. дальше »
2023-7-20 17:45 | |
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Binance Issues Cease And Desist To Nigerian Impersonator
Binance CEO Changpeng Zhao has taken to Twitter to deny any association with Binance Nigeria Limited which has been mistaken as part of the exchange. As a result, the exchange has now issued a cease and desist notice to the impersonator(s). дальше »
2023-6-20 19:00 | |
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Binance Hit With Suspension Notice In Nigeria By Market Regulator
In a significant move, Nigeria’s market regulator has issued a directive to suspend the operations of Binance, the largest cryptocurrency exchange globally, within the country. The regulator stated that the exchange’s local unit, which had been attracting Nigerian investors through its website, was operating illegally. дальше »
2023-6-12 17:41 | |
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Binance Nigeria Ordered to Halt 'Illegal' Operations by Securities Watchdog
A spokesperson for Binance, which faces a U.S. SEC allegations that include operating an unregistered exchange, said the Nigerian company is not affiliated with the firm. дальше »
2023-6-12 15:19 | |
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Binance Nigeria Declared Illegal Despite Country’s Blockchain Technology Push
On June 9, the Nigerian SEC declared that Binance was operating illegally in the country as it was neither registered nor regulated by the Commission. The post Binance Nigeria Declared Illegal Despite Country’s Blockchain Technology Push appeared first on BeInCrypto. дальше »
2023-6-10 13:41 | |
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Nigerian central bank maintains stance on crypto withdrawal restrictions
Nigeria's cryptocurrency landscape has experienced ongoing turmoil, with citizens embracing digital assets while the government remains steadfast in its opposition. дальше »
2023-6-2 21:13 | |
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Nigerian crypto company suspends withdrawals after BTC and naira compromise
Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media.
дальше »2023-5-28 15:42 | |
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The University of Jos in Nigeria will accept e-Naira for payment
The University of Jos in Nigeria has expressed its willingness to accept digital Nigerian Naira (e-Naira) to pay for its educational programs. The top manager of the Central Bank of Nigeria (CBN), Tinat Esther Catherine, announced this during a visit to the University of Jos (UNIJOS). дальше »
2023-5-24 15:53 | |
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Nigeria approves new policy to build a "blockchain-powered" economy
The Nigerian communications ministry developed a new national blockchain strategy. The government statement made no mention of cryptocurrency, which the government banned in 2021. As part The post Nigeria approves new policy to build a "blockchain-powered" economy appeared first on AMBCrypto. дальше »
2023-5-4 18:00 | |
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Nigeria finally implements its blockchain policy
The Nigerian government has approved its national blockchain policy. It aims to institutionalize blockchain technology and its components in the nation. Nigeria, the most populous country in Africa, is finally ready to bring regulatory clarity to its blockchain industry and… дальше »
2023-5-4 13:17 | |
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Nigerian government formally approves blockchain use
The Nigeria Federal Executive Council has approved the National Policy on Blockchain drafted by the Federal Ministry of Communications & Digital Economy, paving the way for the formal use of blockchain technology in the country. дальше »
2023-5-4 20:30 | |
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Nigeria's SEC doesn’t want digital tokens backed by crypto
The Nigerian Securities and Exchange Commission will reportedly allow exchanges to list tokens backed by equity, debt, and property. The regulator is not open to allowing tokenized coin offerinThe post Nigeria's SEC doesn’t want digital tokens backed by crypto appeared first on AMBCrypto. дальше »
2023-5-1 18:04 | |
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Nigeria SEC will support asset-backed tokens: Bloomberg
The Nigeria Securities and Exchange Commission (SEC) will allow tokenizing assets like equities, property, and debt. According to a Bloomberg May 1 report, the Nigerian SEC’s head of securities and investment services, Abdulkadir Abbas, said the financial regulator is processing applications for digital exchanges and firms. дальше »
2023-5-1 16:45 | |
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Crypto exchange Roqqu receives South African approval to expand operations
Nigerian crypto exchange Roqqu has received the green light to operate in South Africa, providing on and off-ramps to South Africa’s rand currency. дальше »
2023-4-21 23:30 | |
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Nigerian crypto payment startup shuts down, offers IP for sale
Nigerian crypto and Web3 company Lazerpay shuts down after failing to raise funds and advises users to withdraw before April 30.
дальше »2023-4-14 11:56 | |
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Nigerian crypto foreign investment is at a record low: Study
Foreign direct investment in Nigeria fell by 33% last year due to a severe shortage of dollars, which discouraged crypto companies from expanding into the country. дальше »
2023-4-6 12:20 | |
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Nigerian CBDC eNaira Adoption Spikes Due To Cash Shortage
Nigeria, the most populous African nation, experienced a severe cash shortage and these shortages have increased the adoption rate of its CBDC, the eNaira. Nigeria is the first African nation to launch a sovereign digital currency. дальше »
2023-3-23 22:00 | |
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Nigerians Massively Adopt CBDC as Physical Cash Becomes Scarce
Coinspeaker Nigerians Massively Adopt CBDC as Physical Cash Becomes Scarce While the Nigerian legislative body is optimistic about the country's adoption of eNaira, there is still significant work to be done to enhance the digital infrastructure for financial practices in the country. дальше »
2023-3-22 14:51 | |
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Nigerian president-elect aims to use blockchain technology in the banking sector
The Nigerian president-elect wants to review existing SEC digital asset regulations to stimulate economic growth.
дальше »2023-3-11 16:04 | |
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Bitcoin price rises to $38k in Nigeria as adoption push heightens
Nigeria’s bitcoin (BTC) premium has reportedly risen by 60%. The surge comes as the state’s central bank limits ATM cash withdrawals to a maximum of $44 daily. Nigerian Central Bank limits cash withdrawals According to recent reports, Nigeria’s BTC premium… дальше »
2023-1-30 12:45 | |
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Nigerian crypto exchange Roqqu receives European virtual currency license
The move allows Roqqu to operate in 30 countries and broaden its services within one of the world’s largest crypto markets.
дальше »2023-1-13 00:00 | |
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LBank Welcomes Nigeria’s Push to Recognize Crypto as Investment Capital
Nigeria has put forward a significant legislation design that will further facilitate cryptocurrency adoption in the country with over 200 million inhabitants. Why this matters: If the Investments and Securities Act, 2007 (Amendment) Bill passes, the Nigerian securities and exchange commission (SEC) will recognize cryptocurrencies and other digital assets as capital for investment. дальше »
2022-12-25 15:03 | |
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Is Nigeria stepping into El Salvador's shoes? This update can clear the air
Nigeria may legalize the usage of Bitcoin soon More people from the country were switching to cryptocurrencies as their economy faltered As per an 18 December article by a Nigerian newspaperThe post Is Nigeria stepping into El Salvador's shoes? This update can clear the air appeared first on AMBCrypto. дальше »
2022-12-20 18:30 | |
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Most Influential Artist: Osinachi
The Nigerian artist creates one-of-a-kind images using Microsoft Word. For this season, he depicted Mikhaylo Federov, the Ukrainian official who raised about $200 million in crypto for that country's war effort. дальше »
2022-12-6 18:14 | |
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eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary
Geopolitical Analyst Nick Giambruno called Nigeria’s eNaira project a “massive failure” while saying the outcome has not been “what the elites hoped for.” The eNaira launched on October 25, 2021, with President Muhammadu Buhari saying Africa’s first Central Bank Digital Currency (CBDC) would “increase remittances, foster cross-border trade, improve financial inclusion and enable the government […] The post eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary appeared first on CryptoSlate. дальше »
2022-11-3 18:36 | |
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NACOS Partners with Domineum Blockchain Solutions to Train 100,000+ Nigerian Computing Students
LAGOS, NG, Oct 9, 2022 – (ACN Newswire) – NACOS has partnered with Domineum Blockchain Solutions to train 100,000+ Nigerian computing students on disruptive and emerging technologies. The Nigeria... дальше »
2022-10-11 12:03 | |
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Lekki Free Zone Set to Partner With Gluwa
As part of a drive to strengthen its contribution to the Nigerian economy, the Lekki Free Zone Development Company (LFZ) is in talks with Gluwa, a blockchain technology company. The pair are looking to partner and use blockchain to foster trade collaboration, growth, and sustainability among new and existing Free Zone enterprises. дальше »
2022-9-22 09:42 | |
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Lekki Free Zone Set to Partner With Gluwa On Blockchain Technology
As part of a drive to strengthen its contribution to the Nigerian economy, the Lekki Free Zone Development Company is in talks with blockchain technology company Gluwa. дальше »
2022-9-22 18:00 | |
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Хакеры анонсировали раздачу 5 000 BTC и 50 000 ETH от имени MicroStrategy
Хакеры взломали учетную запись нигерийского новостного издания Nigerian Business Day в Twitter, а затем опубликовали информацию о раздаче BTC и ETH от имени гендиректора MicroStrategy Майкла Сейлора. дальше »
2022-9-14 14:59 | |
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French and Nigerian Central banks to join Hyperledger Foundation
The Banque de France and the Central Bank of Nigeria were among eight new members announced by the Hyperledger Foundation on 12 September. Other names include CasperLabs and DSR Corp. The Banque deThe post French and Nigerian Central banks to join Hyperledger Foundation appeared first on AMBCrypto. дальше »
2022-9-13 00:00 | |
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Nigeria in talks with Binance for a Digital City
The Nigerian government has tapped leading cryptocurrency exchange Binance to help develop a crypto-friendly digital economic zone in the country. Announced on Saturday by the Nigeria Export Processing Zone Authority (NEPZA), the project is targeted at promoting digital entrepreneurship around blockchain technology. дальше »
2022-9-5 19:15 | |
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Nigerian banks impede e-Naira adoption over concerns it will impact banking revenue
Nigerian banks are reluctant to promote Nigeria’s low-cost central bank digital currency, e-Naira, due to concerns of losing revenue. The post Nigerian banks impede e-Naira adoption over concerns it will impact banking revenue appeared first on CryptoSlate. дальше »
2022-7-20 17:00 | |
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Nigerian Commercial Banks ‘Apathetic’ Over CBDCs, says Governor
Nine months after launching the eNaira, the head of Nigeria’s central bank has criticized commercial banks over its lack of adoption. The post Nigerian Commercial Banks ‘Apathetic’ Over CBDCs, says Governor appeared first on BeInCrypto. дальше »
2022-7-20 13:30 | |
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