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Nigeria

After lifting of CBN ban, Nigerian startups are applying for licenses: report
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28 January, 2024

After lifting of CBN ban, Nigerian startups are applying for licenses: report

CBN lifted the ban in December, allowing Nigerian banks to serve virtual asset service providers (VASPs), and according to one...
Nigeria will no longer recognize university degrees from Kenya, Uganda—blockchain is the solution
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22 January, 2024

Nigeria will no longer recognize university degrees from Kenya, Uganda—blockchain is the solution

Nigeria added the two East African countries to neighbors Togo and Benin, saying they offer fake degrees—Dr. Catherine Lephoto says...
Stablecoins, enterprise adoption, regulations: Blockchain trends in Nigeria in 2024
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15 January, 2024

Stablecoins, enterprise adoption, regulations: Blockchain trends in Nigeria in 2024

Nigeria’s blockchain adoption will continue this year, with enterprise solutions taking center stage as blockchain goes beyond hype into the...
Nigeria cNGN stablecoin won’t launch in February after all
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9 January, 2024

Nigeria cNGN stablecoin won’t launch in February after all

The African Stablecoin Consortium has clarified that media reports of a February 27 launch are misinterpreted and are still in...
Nigerian banks to launch naira-pegged stablecoin cNGN in February
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8 January, 2024

Nigerian banks to launch naira-pegged stablecoin cNGN in February

The new stablecoin will be overseen by the Africa Stablecoin Consortium, which includes leading commercial banks, the central bank, and...
eNaira low adoption pushes Nigerian banks to develop stablecoin
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3 January, 2024

eNaira low adoption pushes Nigerian banks to develop stablecoin

The cNGN stablecoin will not be a substitute to eNaira, which recorded dismal adoption figures since its inception, but would...
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