Nigeria Central Bank Issues CBDC Guidelines to Commercial Banks: Report
The CBN is planning to launch a pilot of its digital currency project, called Project Giant, in October.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/PQOASQPOBZEPJKJ2DIZJMHLAP4.jpg)
Sponsored
Aug 30, 2021 at 8:03 p.m. UTC
Aug 30, 2021
Central Bank of Nigeria
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/JRLBJM5ZAJAAPJTVDCELCUDH7Q.jpg)
Nigeria's Central Bank Digital Currency Pilot to Start Oct. 1
Rakiya Mohammed, the bank's information technology director, revealed the date during a private webinar on Thursday.
Sponsored
Jul 23, 2021 at 7:10 a.m. UTC
Jul 23, 2021
Thriving Under Pressure: Why Crypto Is Booming in Nigeria Despite the Banking Ban
Crypto communities world-wide have found ways around government bans, and Nigeria is no exception.
Sponsored
Jul 6, 2021 at 4:05 p.m. UTC
Jul 6, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/LTTLCWKY7BFX5CAMBYGWXZJO5A.jpg)
Nigeria's Central Bank May Launch a Digital Currency Pilot in 2021
A central bank official said Nigeria has been researching CBDCs for two years.
Sponsored
Jun 10, 2021 at 9:11 p.m. UTC
Jun 10, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/RPM4GMK3ERFMLLKDZOIT7XGMUI.jpg)
Nigeria: A Rebellious Hotbed of Crypto Innovation
The crypto world has fostered a new breed of developer-entrepreneur, one who no longer wants to work to change the existing system but is inspired to build entire new alternat...
Sponsored
Apr 30, 2021 at 4:23 p.m. UTC
Apr 30, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/EM35HPVU5BHFFBNU6R4J2YCIBY.jpg)
Nigeria's Central Bank: We Didn't Ban Crypto Trading
Deputy Governor Adamu Lamtek said the CBN is not discouraging people from trading in cryptocurrency.
Sponsored
Mar 22, 2021 at 9:10 a.m. UTC
Mar 22, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/XQOB6M2T7RDPHLTEFTTVXQAD74.jpg)
Nigeria Is Now Rewarding Citizens for Using Licensed Money Senders, Not Crypto
The "Naira 4 Dollar Scheme" is a bid to funnel remittances through official channels. Meanwhile, peer-to-peer bitcoin remains popular.
Sponsored
Mar 10, 2021 at 7:00 a.m. UTC
Mar 10, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/2UHU2VXHH5CDZEDK637VOOOY2U.jpg)
Blockchain Sleuthing Firm Calls Nigeria 'Focal Point' for Africa's Crypto Scams
These scams are raking in tens of thousands of dollars in crypto a month, blockchain analytics firm Whitestream determined.
Sponsored
Mar 3, 2021 at 5:00 p.m. UTC
Mar 3, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/WTNLKUZZXJDDDJ6XROQYUORO2U.jpg)
Bitcoin Is Trading at a 46% Premium on Luno Nigeria After Central Bank Ban
The premium rose after the Central Bank of Nigeria reminded banks they could not provide crypto exchanges with financial services.
Sponsored
Feb 26, 2021 at 7:36 p.m. UTC
Feb 26, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/N7UVQ6TC5VA2FBEFJEF6LZW33Q.jpg)
Nigeria’s SEC Puts Plans to Regulate Crypto on Hold in Light of Central Bank Ban
The Nigerian cryptocurrency community has been turning to peer-to-peer exchange platforms to continue trading.
Sponsored
Feb 12, 2021 at 11:41 a.m. UTC
Feb 12, 2021