Nigeria Archive

Yemi Osinbajo sees potential for crypto and blockchain.

Traders are accustomed to slight price differences between exchanges, but is a 70% gap sustainable?

Nigeria’s Securities and Exchange Commission says it is committed to creating a clear-cut regulatory framework for cryptos in the country.

In the wake of the recent ban on Nigerian banks’ servicing of crypto exchanges, Bitcoin’s price in the country has seemingly spun out of control.

Nigeria’s central bank has prohibited commercial banks from providing account services to crypto exchanges.

The Central Bank of Nigeria’s “Naira defense” policy is pushing more Nigerians toward Bitcoin and crypto adoption.

Everyone from the Wall Street Journal to the Queen of England has an eye for Bitcoin in this week’s Bad Crypto podcast.

The cryptocurrency exchange has given up on Binance Uganda, but the regional play remains strong

“We want Nigeria to be strategically placed to capture value from this economic potential of blockchain,” stated the NITDA director-general.

Despite facing hot-and-cold rules, growing crypto usage in sub-Saharan Africa is forcing regulators to reconsider the industry.

Africans are turning to cryptocurrencies to avoid high fees and currency instability, with transfers to and from the continent increasing 55% over the last year.

Nigeria outperformed the rest of the world by the level of interest in Bitcoin over recent months.