
Nigeria
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20 April, 2021
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...
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13 April, 2021
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...
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24 March, 2021
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.
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13 March, 2021
Nigeria rewarding users of mainstream remittance channels to combat digital currency use
The Central Bank of Nigeria announced its “Naira 4 Dollar Scheme” recently, targeting diaspora remittances.
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9 March, 2021
Exclusive: Nigeria’s digital currency community speaks out on central bank ban
Despite thriving for years now, Nigeria’s digital currency industry faces its biggest threat yet following a central bank ban that...
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3 March, 2021
Nigeria VP calls for regulation, not ban of digital currencies
Speaking at a recent event, Yemi Osinbajo rebuked the recent ban on digital currencies, advocating for Nigerian authorities to regulate...