Nigeria

Central Bank Digital Currency

Nigeria’s Central Bank Digital Currency Pilot to Start Oct. 1

Sandali Handagama Sebastian SinclairJul 23, 2021

Rakiya Mohammed, the bank's information technology director, revealed the date during a private webinar on Thursday.

Nigeria

Thriving Under Pressure: Why Crypto Is Booming in Nigeria Despite the Banking Ban

Anna BaydakovaJul 6, 2021

Crypto communities world-wide have found ways around government bans, and Nigeria is no exception.

Africa

Yele Bademosi Steps Down as CEO of Bundle Africa

Sandali HandagamaJul 30, 2021

Bademosi will be succeeded by Binance Africa director Emmanuel Babalola

Opinion

Nigeria Is the Lion of Africa in Bitcoin P2P Trading

Olumide AdesinaJul 2, 2021

Nigeria's crypto industry is growing fast despite the government's efforts to stunt bitcoin adoption, says a local trader.

Nigeria

‘They’d Rather Buy Bitcoin and Take That Risk’: An Interview With Paxful’s Nena Nwachukwu

Helene BraunJun 30, 2021

Last year’s End SARS protests over police brutality were a catalyst for Bitcoin adoption in Nigeria, says Nwachukwu, ahead of CoinDesk’s Crypto State event.

Nigeria

Africa

Africa ‘Is Leading Global Cryptocurrency Adoption’: Paxful CEO

Sandali HandagamaJun 4, 2021

Paxful CEO Ray Youssef said all eyes should be on Africa right now.

Sports

Soccer Player Ifunanyachi Achara the Latest Sports Pro to Take Salary in Bitcoin

Danny NelsonMay 3, 2021

The Nigeria-born Toronto FC forward sends some of his bitcoin home to help his family avoid surging inflation rates in Africa’s largest economy.

NFTs

The NFT Craze Is Helping Nigerian Artists Go Global

Sandali HandagamaApr 13, 2021

Nigerian artists are minting NFTs, but they are cautious about the hype around them.

Regulation

Nigeria’s Central Bank: We Didn’t Ban Crypto Trading

Sebastian SinclairMar 22, 2021

Deputy Governor Adamu Lamtek said the CBN is not discouraging people from trading in cryptocurrency.

Nigeria

Stellar Development Foundation Invests $750K in Nigeria Remittance Platform

Sandali HandagamaMar 17, 2021

The investment, made through SDF's Enterprise Fund, will provide Cowrie with resources to continue expanding its operations in emerging markets, including Africa.