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Central Bank of Nigeria

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...
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...
Nigeria slashes eNaira’s merchant service charge by 50% to spur adoption
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4 September, 2022

Nigeria slashes eNaira’s merchant service charge by 50% to spur adoption

Since its launch in October 2021, the eNaira has seen lackluster uptake, and the Central Bank of Nigeria is seeking...
eNaira hits $10M in transactions as Nigeria central bank targets 10-fold growth
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24 August, 2022

eNaira hits $10M in transactions as Nigeria central bank targets 10-fold growth

The eNaira adoption has been lackluster, with the total transaction volume over the past year being just a fraction of...
Nigeria SEC: We have the best Bitcoin regulations in Africa
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26 July, 2022

Nigeria SEC: We have the best Bitcoin regulations in Africa

A commissioner for Nigeria’s securities regulator said that it’s trying to catch up with the United States in Bitcoin regulations...
Nigeria SEC publishes digital asset regulations amid central bank crackdown
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20 May, 2022

Nigeria SEC publishes digital asset regulations amid central bank crackdown

The securities regulator has issued policies for ICO issuers, digital asset exchanges, custodians, VASPs, and when assets qualify as securities,...
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