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Nigeria

Nigeria’s Zone to launch blockchain remittances in 2025
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7 February, 2024

Nigeria’s Zone to launch blockchain remittances in 2025

Rebranded from Appzone and formerly a software firm, Zone now processes blockchain payments and facilitated over $360 million for Nigerian...
Abuja’s Bureau De Change operators shut down, blame P2P digital asset market
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6 February, 2024

Abuja’s Bureau De Change operators shut down, blame P2P digital asset market

Nigeria’s digital asset community has dismissed the unfounded claims, noting that Bureau De Change operators rely on physical foreign currencies...
Africa is venturing beyond digital assets and into blockchain integration: Centbee’s Lorien Gamaroff
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5 February, 2024

Africa is venturing beyond digital assets and into blockchain integration: Centbee’s Lorien Gamaroff

Lorien Gamaroff acknowledged the rising adoption of Bitcoin-powered payments like Centbee but noted that blockchain integration could be more critical...
Lise Li: Supply chains, payments are sectors where digital technology can make great impact
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3 February, 2024

Lise Li: Supply chains, payments are sectors where digital technology can make great impact

Lise Li says Nigeria can catch up with the pace-setting China on digital payments by underpinning its financial infrastructure on...
Nigeria’s VASP licensing fees are ‘economically unrealistic,’ stakeholders say
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2 February, 2024

Nigeria’s VASP licensing fees are ‘economically unrealistic,’ stakeholders say

Nigeria’s SEC published licensing guidelines for VASPs in 2022 requiring N500 million ($525,000) paid-up capital, which stakeholders say is unrealistic...
SiBAN’s Obinna Iwuno: We want 90% of Nigeria’s digital infrastructure on the blockchain
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2 February, 2024

SiBAN’s Obinna Iwuno: We want 90% of Nigeria’s digital infrastructure on the blockchain

SiBAN President Obinna Iwuno believes Nigeria is taking the proper steps towards becoming a global digital powerhouse and a beacon...
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