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Nigeria

Nigeria’s central bank on hunt for new tech partners in bid to fix ‘broken’ CBDC
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24 February, 2023

Nigeria’s central bank on hunt for new tech partners in bid to fix ‘broken’ CBDC

To salvage its ailing central bank digital currency project, the Central Bank of Nigeria seeks new partnerships to help innovate...
Nigeria’s economy grinding to a halt due to cash shortage—is time for Bitcoin?
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8 February, 2023

Nigeria’s economy grinding to a halt due to cash shortage—is time for Bitcoin?

Nigeria is replacing its paper money with redesigned currency notes, and with people queueing for hours just to get $43,...
Nigeria’s central bank launches fintech regulatory sandbox
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2 February, 2023

Nigeria’s central bank launches fintech regulatory sandbox

The Central Bank of Nigeria has called on innovators in the fintech space to apply with the recently launched regulatory...
Nigeria to explore ICOs and stablecoins to broaden payments landscape
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18 January, 2023

Nigeria to explore ICOs and stablecoins to broaden payments landscape

Nigeria published a new policy document, pledging to rethink its ICO stance to attract FDI as well as a blockchain-based...
Digital asset adoption, CBDC efforts, new laws and more: Africa’s 2022 in review
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4 January, 2023

Digital asset adoption, CBDC efforts, new laws and more: Africa’s 2022 in review

Morocco lifted the ban on digital assets, Kenya is now taxing Bitcoin, Nigeria drafted its first law recognizing Bitcoin, Zambia...
Nigeria to legalize digital assets with new bill
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24 December, 2022

Nigeria to legalize digital assets with new bill

The bill recognizes digital assets and gives the apex bank and SEC jurisdiction over the sector, months after CBN banned...
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