central bank-of-nigeria

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Nigerian Payments App Reportedly Suspending Operations Due to Government Crackdown on Crypto
Payments platform KurePay plans to suspend services to Nigerian users starting in 2022.
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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.
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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.
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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.
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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 alternatives to it.
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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.
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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.
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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.
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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.
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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.
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