The Central Bank of Nigeria Reverses Crypto Ban The Central Bank of Nigeria (CBN) has reversed its ban on dealing with companies involved in digital tokens.…
The Central Bank of Nigeria Eases Restrictions on Crypto Transactions The Central Bank of Nigeria (CBN) has announced that it is revising its stance on banks…
Regulatory Clarity and Legitimacy Nigeria has reversed a ban on lenders dealing with companies providing digital tokens, allowing financial institutions to open accounts for crypto firms,…
Nigeria Eases Restrictions on Crypto Exchanges The Central Bank of Nigeria (CBN) has made a significant policy shift by relaxing its strict regulations on virtual asset…
Official Rate Matches Unofficial Market Rate The Nigerian currency, the naira, recently hit a record low of 1,248 naira for every US dollar, before recovering to…
Securing User Funds The Nigerian crypto exchange platform, Bitmama, has temporarily suspended deposits due to ongoing maintenance by a third-party. However, Bitmama clarified that this decision…
Bitcoin Hits New All-Time Highs in Several Countries Despite being 39% below its all-time high against the US dollar, Bitcoin has reached new ATHs in countries…
Flutterwave Expands Money Transfer Services Nigerian fintech company, Flutterwave, has announced that it has obtained money transfer licenses in 13 U.S. states. This allows Flutterwave users…
Wicrypt Receives Grant from Microsoft Nigerian Web3 startup, Wicrypt, has been granted $150,000 by Microsoft to support its development of a decentralized physical infrastructure network (Depin).…
