Nigeria

Blockchain Technology

West African Program Will Store Weather Data on Telos Blockchain

Sandali HandagamaNov 10, 2020

Telokanda, a collaboration between Telos and open-source weather tech company Kanda in West Africa hopes to engage local communities in collecting and sharing weather data on the Telos public blockchain.

Nigeria

Decentralized VPN Sees Increased Use in Nigeria Amid #EndSars Protests

Benjamin PowersNov 2, 2020

Nigerians are protesting police corruption and concerns about a possible internet shutdown have driven some to adopt decentralized VPNs like Mysterium.

Podcasts

Discovering Bitcoin Through the #EndSARS Movement, Feat. Yele Bademosi & Akin Sawyerr

Nathaniel WhittemoreNov 11, 2020

When the Nigerian government shut down #EndSARS protestors’ bank accounts, bitcoin and crypto became a way around.

Nigeria

Binance Labs–Backed ‘DeFi Credit Union’ Bringing Higher Yields to Savers in Nigeria

Doreen WangNov 2, 2020

With backing from Binance Labs, Nigeria's Xend Finance is looking to bring DeFi to the world of local credit unions.

Nigeria

Nigeria Protests Show Bitcoin Adoption Is Not Coming: It’s Here

Sandali HandagamaOct 21, 2020

Blockchain is gaining traction fast in Nigeria partly because its young and tech-savvy population is showing an eagerness to learn more about Web3.0, a decentralized internet powered by blockchain technology.

Nigeria

Nigeria

Nigerian Banks Shut Them Out, so These Activists Are Using Bitcoin to Battle Police Brutality

Colin Harper

As End SARS protests against police brutality surge through Nigeria, the Feminist Coalition has turned to bitcoin as a financial lifeline.

Nigeria

Nigeria Is Developing Strategies for National Blockchain Adoption

Sandali Handagama

Nigerian authorities are developing a roadmap for the adoption of blockchain technology in public administration and payments on a national scale.

Regulation

Nigeria’s SEC Says All Crypto Assets Are Securities by Default

Paddy Baker

The Securities and Exchange Commission of Africa's most populous country said all crypto assets will fall under the regulation that covers securities exchanges and transactions.

Adoption

Unconfiscatable? Using Bitcoin to Resist Police Extortion in Nigeria

Alyssa Hertig

It's common in Nigeria for police officers to threaten and extort citizens for whatever money they can find. This man uses bitcoin as a hiding spot.

Bitcoin in Africa

Nigerians Are Using Bitcoin to Bypass Trade Hurdles With China

Alyssa Hertig

Nigerian entrepreneurs are increasingly using bitcoin as a way to trade internationally, noting its significant benefits over legacy financial systems.

Africa

This Bitcoin Documentary From Africa Is Streaming on Amazon Prime

Leigh Cuen

A new documentary – “Banking on Africa: The Bitcoin Revolution” – explores the role of cryptocurrencies in African economies.

Consensus: Distributed

Why Binance and Akon Are Betting on Africa for Crypto Adoption

Leigh Cuen

Demand for bitcoin is surging in Ghana, Nigeria and Kenya, attracting investment from the cryptocurrency exchange Binance and a token project by Akon.