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 to remedy this in its latest move.
Latest Nigeria News
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 the digital assets trading volume.
Kenya digital currency-friendly fintech Flutterwave and Chipper Cash operating illegally: central bank
The bank says that the two firms never acquired the licenses to serve Kenyans, even as Flutterwave gets caught in a $52 million money laundering scandal.
Blockchain for digital transformation of nations takes the spotlight at GBC22
Jimmy Nguyen moderated a panel with three governance experts who talked about how their countries are adopting blockchain and what the future holds for the technology.
BSV Blockchain introduced to Nigeria with real use case technology
The Blockchain Developer Summit in Nigeria's capital Abuja was a great success. With more than 1500 participants, the event created a big stage for BSV Blockchain among developers, established companies and key figures in the country's economic policy and development.
Domineum’s successful Blockchain Developers Summit shines spotlight on BSV blockchain
The two-day event attracted hundreds of attendees, with blockchain’s role in Nigeria’s development and the unmatched potential of BSV being the standout themes.
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 and outlined where the central bank comes in.
Morocco is scrapping its ban on digital currency as adoption soars
Morocco banned digital assets back in 2017, but the locals have continued to explore Bitcoin, and today, only Nigeria, South Africa, and Kenya have more owners.
BSV Blockchain Association partners with Domineum Blockchain to host Developers Summit in Nigeria
The summit, taking place at Baze University in Abuja, Nigeria, will feature 23 speakers showcasing the cutting-edge technology of the enterprise scaling blockchain with demos on how the technology’s innovation potential is released across various industries.
Domineum’s Blockchain Developers Summit targets blockchain solutions for Africa
The summit will be held on July 21-22 in Nigeria’s capital Abuja with speakers including Centbee’s Lorien Gamaroff and NITDA Director Kashifu Abdullahi.
Nigeria’s eNaira now available via USSD to boost adoption and financial inclusion
The central bank believes that making the eNaira available to feature phone users will boost uptake, although some are skeptical about security and privacy.
Nigerian Exchange to integrate blockchain by 2023
The bourse says that the Nigerian public has a high interest in blockchain, and the integration is due to demand at a time when its securities regulator has issued new regulations.