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Naira now has a Competitor Crypto Exchange Rate

Naira, a basic monetary unit of Nigeria, now has a “crypto exchange rate” as a competitor. Nigerians have been stockpiling cryptocurrency since 2020.

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Crypto News

CBDC – National Digital Currency option is what Kenya is considering now

Kenya is the latest country to investigate the possibility of a national CBDC. According to the Kenyan Central Bank, the introduction of a.

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Crypto News

Despite the CBN’s ban, Bitcoin P2P trading among Nigerians increased by 16 percent

The Nigerian Central Bank banned banks from assisting cryptocurrency transactions last year, citing the need to safeguard the economy and investors. While many.

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Crypto News

Users in Nigeria tell Binance to ‘Stop Scamming,’ but the exchange platform denies the accusations

Binance, a cryptocurrency exchange platform based in Nigeria, has recently been the victim of a boycott movement organized by unhappy users. The campaigners.

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Crypto News

Africa’s crypto market grew by 1200 % in the last year

Africa’s Crypto market has seen the highest growth via adoption in the past year. A reports from Chainalysis reveals that Africa recorded 1,200%.

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Bitcoin News

Will Crypto come to life in Nigeria?

Godwin Emefiele is the Central Bank of Nigeria governor. He expressed confidence that cryptocurrencies like Bitcoin will be legal. According to a Business.

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Bitcoin News

Nigeria’s George Residence accepts Bitcoin for Payments

With Covid-19 impacts worsening, Nigeria's leading luxury hotel, George Residence, plans to accept Bitcoin in collaboration with Coinvest Africa

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Crypto News

Binance halts deposits in Nigeria Post Central Bank’s mandate

The Central Bank of Nigeria's latest regulatory update against cryptocurrencies has led to Binance halting deposits in the Nigerian Naira .

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Bitcoin News

Nigeria Beats United States In Bitcoin Wallets Download Count

In Nigeria, with the lack of U.S. Dollars and its weakening currency (Naira), companies are relying on bitcoin as a means of settling.

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Crypto News

Nigeria Becomes Fastest Growing Crypto Market In The World

Nigeria has emerged as the front runner for attracting Bitcoin in terms of interest across the globe. No other country attracts as much.

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