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Nigeria

Nigeria: Patricia exchange raises exit scam fears after converting user funds to native token
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31 August, 2023

Nigeria: Patricia exchange raises exit scam fears after converting user funds to native token

A digital currency exchange gets hacked. The owners launch their own token. They repay the affected users with this new...
Nigeria adopts blockchain to fight certificate forgery in National Youth Service Corps
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20 August, 2023

Nigeria adopts blockchain to fight certificate forgery in National Youth Service Corps

NITDA CEO Kashifu Abdullahi also revealed that his agency has trained over 30,000 Nigerians with Domineum and partnered with nChain...
Nigeria’s Bureau de Change operators urge government to ban Binance
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13 August, 2023

Nigeria’s Bureau de Change operators urge government to ban Binance

Bureau de change operators in Nigeria say trading on Binance has put significant pressure on the naira at a time...
Nigeria rings the alarm on Binance’s alleged illegal operation
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7 August, 2023

Nigeria rings the alarm on Binance’s alleged illegal operation

Initially, the securities regulator issued a warning against Binance Nigeria, but in its latest notice, it warned against the global...
Nigeria revising CBDC model to boost eNaira adoption
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5 August, 2023

Nigeria revising CBDC model to boost eNaira adoption

The central bank didn’t reveal details on how it would amend Africa’s first CBDC but says the goal is to...
Nigeria’s central bank upgrades eNaira with NFC, programmability features
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22 July, 2023

Nigeria’s central bank upgrades eNaira with NFC, programmability features

Joseph Angaye, deputy director of the Central Bank of Nigeria’s risk management department, disclosed that the CBN will continue to...
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