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Central Bank of Nigeria
Nigeria’s first local stablecoin launches
cNGN stablecoin was approved by the central bank in January and is now available on local exchanges for retail and...
P2P digital currency ban looming in Nigeria as central bank halts fintech account opening
Four leading fintech apps were directed to halt onboarding recently, and with the National Security Agency classifying digital currency as...
Nigeria’s central bank denies directive to freeze digital asset bank accounts
After news outlets reported on the directive supposedly issued to multiple banks, the Central Bank of Nigeria denied it amid...
Nigeria’s central bank partners with blockchain firm to spark eNaira adoption
The Central Bank of Nigeria has signed an MoU with Gluwa to integrate the startup’s blockchain-powered credit technology into the...
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...
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...
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