
Nigeria
Nigeria eyes October launch for CBDC after 5 years of research
The central bank has been working on Project GIANT since 2017, conducting research on the opportunities and risks it poses...
Nigeria looking at blockchain and AI for digital innovation efforts: Minister
Nigeria is exploring blockchain, artificial intelligence and other emerging technologies in its bid to promote an innovation-driven culture.
Nigeria CBDC already in development with plans for pilot testing in 2021: report
The West African country has been cracking down on digital currencies for months, but according to one report, it has...
Nigeria SEC working with central bank to lift digital currency ban
The Securities and Exchange Commission acknowledged that a recent ban by the bank had disrupted Nigeria’s digital currency industry, while...
Fintech startups in Nigeria lose access to gov’t KYC/AML verification tool
Nigerian fintech startups, including those in the digital currency sector, have been relying on the bank verification number (BVN) as...
Nigeria’s central bank didn’t ban digital currencies, official clarifies
The central bank’s directive only applied to banks, prohibiting them from processing transactions related to digital currencies, an official said.