The Central Bank of Nigeria Removes Caps on Naira Payout Rates The Central Bank of Nigeria (CBN) made an announcement on January 31 that it has…
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…
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…
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…
Nigerian Central Bank Releases Guidelines for Crypto Accounts The Nigerian Central Bank (CBN) has issued strict guidelines for banks and financial institutions that wish to open…
Nigeria’s Central Bank Introduces Guidelines for Crypto Banking Nigeria’s central bank has issued new guidelines for banks dealing with cryptocurrency accounts, signaling a shift in the…
Nigerian Central Bank Sets Guidelines for Crypto Accounts In December 2023, the Central Bank of Nigeria (CBN) reversed its ban on cryptocurrency trading, and now, banks…
A Nigerian Consortium Develops Regulated Naira Stablecoin A group consisting of Nigerian banks, fintechs, and blockchain companies is collaborating to create the first regulated Naira stablecoin…
The Central Bank of Nigeria Lifts Ban on Cryptocurrency Transactions The Central Bank of Nigeria (CBN) has recently reversed its 2021 directive that restricted local banks…
