Nigeria is exploring blockchain, artificial intelligence and other emerging technologies in its bid to promote an innovation-driven culture.
The West African country has been cracking down on digital currencies for months, but according to one report, it has...
The Securities and Exchange Commission acknowledged that a recent ban by the bank had disrupted Nigeria’s digital currency industry, while...
Nigerian fintech startups, including those in the digital currency sector, have been relying on the bank verification number (BVN) as...
The central bank’s directive only applied to banks, prohibiting them from processing transactions related to digital currencies, an official said.
The Central Bank of Nigeria announced its “Naira 4 Dollar Scheme” recently, targeting diaspora remittances.