Nigeria

Nigeria’s central bank opens regulatory sandbox for digital assets
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17 August, 2026

Nigeria’s central bank opens regulatory sandbox for digital assets

Nigeria's CBN launches its Regulatory Sandbox Programme, supporting innovation in digital assets and financial services while ensuring consumer protection.
Nigeria digital payment fraud falls but costs $19M
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12 August, 2026

Nigeria digital payment fraud falls but costs $19M

Nigerians lost ₦25.85 billion to digital payment fraud in 2025, while South Africa proposes draft rules for cross-border digital currency...
Nigeria boosts digital ID rules as Namibia sets e-ID launch
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4 August, 2026

Nigeria boosts digital ID rules as Namibia sets e-ID launch

Nigeria improves security with a new digital ID framework, while Namibia plans to launch its innovative e-ID in September, modernizing...
Nigeria’s blockchain ambition loses ground to crypto
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3 August, 2026

Nigeria’s blockchain ambition loses ground to crypto

Nigeria's stalled National Blockchain Policy risks slowing innovation as the government prioritizes crypto regulation over broader blockchain adoption.
UK eases stablecoin cash deposits; US wants to ID stablecoin customers
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25 June, 2026

UK eases stablecoin cash deposits; US wants to ID stablecoin customers

Stablecoin regulation gains momentum in the United Kingdom, the United States, and Canada, while the IMF cautions Nigeria over dollar-backed...
Nigeria mandates local data storage amid privacy crisis
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24 June, 2026

Nigeria mandates local data storage amid privacy crisis

Starting January 1, 2027, Nigeria will require banks and fintech companies to store payment transaction data locally, bolstering data protection...