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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Mar 22, 2021 at 9:10 a.m. UTC
Mar 22, 2021
Central Bank of Nigeria
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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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Mar 10, 2021 at 7:00 a.m. UTC
Mar 10, 2021
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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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Mar 3, 2021 at 5:00 p.m. UTC
Mar 3, 2021
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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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Feb 26, 2021 at 7:36 p.m. UTC
Feb 26, 2021
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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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Feb 12, 2021 at 11:41 a.m. UTC
Feb 12, 2021
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Nigeria's Senate Summons Central Bank Chief to Explain Crypto Ban
The Nigerian Senate wants Central Bank Governor Godwin Emefiele and chief securities regulator Lamido Yuguda to testify about cryptocurrencies.
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Feb 11, 2021 at 11:04 p.m. UTC
Feb 11, 2021
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Nigerian Crypto Users Fight Back Against Central Bank Decision
In response to the Central Bank of Nigeria’s decision to ban crypto accounts, Nigerian crypto users are fighting back. Luno CEO Marcus Swanepoel weighs in.
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Feb 11, 2021 at 12:41 a.m. UTC
Feb 11, 2021
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Bitcoin 'Can't Be Stopped': Nigerians Look to P2P Exchanges After Crypto Ban
Some Nigerians plan to continue using bitcoin (BTC) and other cryptocurrencies despite a directive issued by the Central Bank of Nigeria (CBN) last week ordering banks to clos...
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Feb 9, 2021 at 7:34 p.m. UTC
Feb 9, 2021
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State of Crypto: India and Nigeria's Crypto Crackdowns Continue Old Trends
Both nations hope to prevent banks from providing services to crypto companies.
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Feb 9, 2021 at 2:54 p.m. UTC
Feb 9, 2021
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Nigerian Central Bank Says Its Ban on Crypto Accounts Is Nothing New
The Central Bank of Nigeria said its warning to banks on Friday was not a new position, but a reiteration of its 2017 stance on cryptocurrencies.
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Feb 7, 2021 at 8:56 p.m. UTC
Feb 7, 2021