Nigerian Stablecoin Launch Delayed The Africa Stablecoin Consortium (ASC), composed of Nigerian fintech startups and banks, has decided to postpone the launch of its stablecoin, which…
Cleva Founders’ Expertise Nigerian fintech startup Cleva has raised $1.5 million in pre-seed funding, with support from tech accelerator Y Combinator. The funding round was led…
Crypto Guidelines for Nigerian Banks: A Shift from Bans to Regulation In December, Nigeria lifted the ban that prohibited banks and local financial institutions from providing…
Reasonable and Understandable Guidelines Nigerian fintech lawyer Senator Ihenyen acknowledges that the Central Bank of Nigeria’s (CBN) new guidelines, which prohibit cash withdrawals from virtual asset…
ASC’s Stablecoin Scheduled for Late February Launch The Central Bank of Nigeria (CBN) has approved the Africa Stablecoin Consortium (ASC) to pilot its cNGN stablecoin initiative…
The Central Bank of Nigeria Approves Africa Stablecoin Consortium to Launch cNGN Stablecoin The Central Bank of Nigeria (CBN) has granted approval to the Africa Stablecoin…
The Africa Stablecoin Consortium Receives Approval for cNGN Stablecoin Pilot The Central Bank of Nigeria (CBN) has granted approval to the Africa Stablecoin Consortium (ASC) to…
Nigeria’s Central Bank Introduces New Regulations for VASPs The Central Bank of Nigeria (CBN) has implemented strict regulations to govern banks and financial institutions that offer…
Nigeria’s Central Bank Sets Clear Rules for Crypto Operations Nigeria’s central bank, the Central Bank of Nigeria (CBN), has announced new rules and regulations for financial…
