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Tertiary institution Signs MOU with Cryptography Development Initiative in Nigeria

Tertiary institution Signs MOU with Cryptography Development Initiative in Nigeria

As the rest of Africa makes an effort to secure a position of relevance in the blockchain space, Nigeria based Nile university has gone into partnership with Cryptography Development Initiative in Nigeria

Central Bank of Nigeria Bans Cryptocurrency Transactions, Says Crypto Breeds Illegal Activities

Central Bank of Nigeria Bans Cryptocurrency Transactions, Says Crypto Breeds Illegal Activities

The Central Bank of Nigeria (CBN) has once again doubled down on its efforts to ban cryptocurrency transactions stating they are a breeding ground for illegal activities.

Why is Nigeria Africa’s Biggest Crypto Hotspot Even Though it Doesn't Even Have a Bitcoin ATM?

Why is Nigeria Africa’s Biggest Crypto Hotspot Even Though it Doesn't Even Have a Bitcoin ATM?

Nigeria is the biggest crypto market in Africa, but based on official records it does not have a functional Bitcoin ATM. WeeTracker reported on Jan 27 that this trend is noted in Nigeria despite it backing the first stablecoin project in the continent using its currency the Naira.

Nigeria Expects to Generate a Revenue Stream of $6 Billion Through Blockchain Technology by 2030

Nigeria Expects to Generate a Revenue Stream of $6 Billion Through Blockchain Technology by 2030

Nigeria says that blockchain in the country could generate a revenue of between $6 and $10 billion in 10 years.

Google Web Searches for Bitcoin Hit a Historic Low with Nigeria Still Leading

Google Web Searches for Bitcoin Hit a Historic Low with Nigeria Still Leading

The Global web search data from Google Trends indicate that there has been a decline in recent times as it has recorded an all-time low since October 2018. Even in the midst of the activities going on in the global scene we see that some African countries have been leading with Nigeria recorded as the country with the highest level of Bitcoin searches, followed by South Africa and Ghana respectively.

Over 1 Million Applicants Join Nigeria's 3MTT AI Program

Over 1 Million Applicants Join Nigeria's 3MTT AI Program

Nigeria's 3MTT program, led by Bosun Tijani, is attracting over one million applicants, demonstrating the country's commitment to AI education and fostering a technologically skilled workforce.

Binance Faces Intensified Scrutiny in Nigeria Amid Accusations of Impacting Local Currency

Binance Faces Intensified Scrutiny in Nigeria Amid Accusations of Impacting Local Currency

Binance is under heightened scrutiny in Nigeria, with allegations of contributing to the naira's devaluation, challenging the crypto exchange's regulatory dialogues.

Nigeria Seeks $10 Billion in Damages from Binance

Nigeria Seeks $10 Billion in Damages from Binance

Nigerian government demands $10 billion from Binance, alleging cryptocurrency exchange's activities have adversely affected the Naira and the country's economy.

Nigerian High Court Orders Binance to Comply with EFCC Data Request Amidst Money Laundering Concerns

Nigerian High Court Orders Binance to Comply with EFCC Data Request Amidst Money Laundering Concerns

Binance must supply Nigerian user data to the EFCC as the Nigerian High Court cites money laundering risks, highlighting crypto's impact on the naira's stability.

Binance Ends Services for Nigerian Naira

Binance Ends Services for Nigerian Naira

Binance announces the discontinuation of all services tied to the Nigerian Naira (NGN) as it navigates the evolving regulatory landscape.

Binance Executives Face Tax Evasion Charges in Nigeria Amid Naira Manipulation Allegations

Binance Executives Face Tax Evasion Charges in Nigeria Amid Naira Manipulation Allegations

Binance executives Tigran Gambaryan and Nadeem Anjarwalla face tax evasion and currency manipulation charges in Nigeria, with proceedings adjourned to April 19.

Nigeria Takes the Highest Bitcoin Optimism Levels at 60%, Survey Reads

Nigeria Takes the Highest Bitcoin Optimism Levels at 60%, Survey Reads

Since knowledge feeds optimism and participation, Nigeria emerged as the top nation with the highest rates of optimism about Bitcoin’s future at 60%, according to a study by Jack Dorsey-owned Block, Inc.

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