The government of Nigeria is introducing new tax reforms that include specific regulations for cryptocurrency. As part of these reforms, the Executive Chairman of the Federal...
Richard Teng, the CEO of Binance, has stated that Nigeria is not a significant market for the company. His remarks come in light of the ongoing...
The Vice-President of Nigeria, Kashim Shettima has inaugurated a pioneering initiative focused on training Nigerians in artificial intelligence (AI), blockchain technology, and other advanced fields. This...
Justice Inyang Ekwo of the Federal High Court in Abuja has dismissed a lawsuit filed by Nadeem Anjarwalla, a senior executive at Binance, against Nigeria’s Economic...
The Senate Committee on Capital Markets has called for crypto regulation in Nigeria. Speaking to the media on Monday as reported by local media, the Chairman...
Binance has announced its commitment to work with the Nigerian government to comply with laws and regulations. It also added that following the recent detainment of...
Nigeria’s latest CDBC partner, Gluwa, wants to improve the digital infrastructure in the country. In a recent conversation with the Vice President of Nigeria, Kashim Shettima,...
Binance, a leading cryptocurrency exchange worldwide, has announced its decision to discontinue all services involving the Nigerian Naira (NGN). This action is a response to actions...
Despite the close of 2023 which saw the prosecution of the former CEO of the collapsed and bankrupt cryptocurrency exchange, FTX Sam Bankman-Fried, and legal challenges...
Sweat Wallet and $SWEAT, the pioneers of the innovative Sweat Economy, have marked a significant milestone by being granted a Proof of Movement patent in Nigeria....
Nigeria, represented by NITDA, has joined forces with 17 other nations to adopt the latest AI guidelines developed by the UK. This collaboration comes a few...
The Nigerian Government recently disclosed a new grant scheme started and coordinated by the Nigerian Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani. He...
In a recent blueprint from the Ministry of Communications, Innovation, and Digital Economy, the minister, Dr. Bosun Tijani revealed the ministry’s plan to achieve 95% digital...
Nigeria’s Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has revealed that the number of startups using blockchain technology in Nigeria will increase over...
Nigeria's Communication Minister has ambitious goals for the future. By 2026, the aim is to make 60% of government data accessible to the public. Additionally, Nigeria...
Following the growing interest and usage of cryptocurrencies in Nigeria, the Central Bank released a report that revealed a reverse relationship between the use of cryptocurrencies...
As cryptocurrencies gain traction in Nigeria, concerns about their impact on the stability of the financial system and their influence on investor sentiment are growing. The...
In 2021, the Central Bank of Nigeria embarked on the groundbreaking eNaira project, leading the charge as one of the pioneers in the world of Central...
Nigeria’s Central Bank Digital Currency (CBDC) project, the eNaira, brings with it both opportunities and challenges. In essence, a CBDC is a digital representation of a...
