Earlier, the local regulator also issued a ruling that the firm’s activities in the country are illegal
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Incidents
Jun 19, 2023
Binance CEO denies the involvement of the exchange in the scammer organization Binance Nigeria LimitedEarlier, the local regulator also issued a ruling that the firm’s activities in the country are illegal
Crypto regulations
May 1, 2023
Nigerian authorities will legalize asset-backed tokensThe local regulator is also considering applications for digital exchanges
Politics
Dec 7, 2022
Nigeria limits cash withdrawals to promote national digital currencyIndividuals and businesses can now cash out $45 a day and $225 a week from ATMs
Market
Apr 22, 2022
Google Trends: interest in bitcoin worldwide is down by 45% over the yearThe countries with the greatest interest in cryptocurrency are El Salvador, the Netherlands, and Nigeria
Politics
Feb 25, 2022
IMF: money can be laundered through a stablecoin in NigeriaThe analysts have listed the main threats to cybersecurity and risks in conducting cross-border payments
Business
Feb 1, 2022
Binance blocks users in Nigeria38% of accounts were restricted at the request of international law enforcement agencies
Politics
Nov 28, 2021
The Central Bank of Tanzania prepares to launch CBDCThe state plans to expand research into digital currencies and strengthen the capacity of the central bank staff
Politics
Nov 19, 2021
The IMF has listed the risks of using the digital currency of the Central Bank of NigeriaHowever, local authorities are already taking active steps towards managing them
Crypto regulations
Nov 9, 2021
Nigeria's central bank closes accounts of companies and individuals trading in cryptocurrenciesLocal media have reported at least three such cases
Politics
Oct 25, 2021
Nigeria launches its own digital currencyENaira is expected to make financial transactions easier for all segments of society