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Nigeria

African ministers adopts landmark AI strategy to drive digitalization
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22 June, 2024

African ministers adopts landmark AI strategy to drive digitalization

Africa's Continental AI Strategy explores the potential use cases for AI in areas like education, skills acquisition, agriculture, manufacturing, and...
Nigeria remains global leader in ‘Bitcoin’ Google searches amid government crackdown
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13 June, 2024

Nigeria remains global leader in ‘Bitcoin’ Google searches amid government crackdown

With a score of 100, Nigeria retained its spot at the top of ‘Bitcoin’ Google searches despite a crackdown that...
Nigerian lawmakers push for digital asset regulation to boost struggling economy
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5 June, 2024

Nigerian lawmakers push for digital asset regulation to boost struggling economy

Lawmakers who screened the newly appointed Securities and Exchange Commission head called on the agency to regulate the sector better...
Nigeria’s SPPG implements country’s first blockchain certificate system
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31 May, 2024

Nigeria’s SPPG implements country’s first blockchain certificate system

The School of Politics, Policy, and Governance leveraged VX Technologies’ blockchain solution to enable the verification and authentication of academic...
Nigeria restructures blockchain policy committee to keep pace with global innovation
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27 May, 2024

Nigeria restructures blockchain policy committee to keep pace with global innovation

The new changes to the National Blockchain Policy Steering Committee will focus on real-world use cases peculiar to the Nigerian...
Nigeria’s Interpol upskilled to combat digital asset crime
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19 May, 2024

Nigeria’s Interpol upskilled to combat digital asset crime

The African Stablecoin Consortium, which is behind the eNaira alternative cNGN stablecoin, organized the training alongside cybersecurity stakeholders.
Nigeria demanded $150M bribe from Binance: report
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17 May, 2024

Nigeria demanded $150M bribe from Binance: report

The New York Times reported on the alleged bribe, with Binance CEO Richard Teng finally breaking his silence last week...
IMF urges Nigeria to regulate digital asset exchanges
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16 May, 2024

IMF urges Nigeria to regulate digital asset exchanges

The International Monetary Fund has recommended that Nigeria impose registration or licensing requirements on global digital asset trading platforms, following...
China’s CBDC recipients sell it quickly; Nigeria plots ways to boost eNaira use
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14 May, 2024

China’s CBDC recipients sell it quickly; Nigeria plots ways to boost eNaira use

Chinese authorities insist that monitoring is only a concern with large transactions, as the digital yuan can be used for...
P2P digital currency ban looming in Nigeria as central bank halts fintech account opening
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8 May, 2024

P2P digital currency ban looming in Nigeria as central bank halts fintech account opening

Four leading fintech apps were directed to halt onboarding recently, and with the National Security Agency classifying digital currency as...
Nigeria’s blockchain industry banks on new digital currency friendly SEC chief
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1 May, 2024

Nigeria’s blockchain industry banks on new digital currency friendly SEC chief

President Bola Tinubu appointed former capital markets tsar Emomotimi Agama as the SEC head at a time when the Nigerian...
Nigeria’s central bank denies directive to freeze digital asset bank accounts
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27 April, 2024

Nigeria’s central bank denies directive to freeze digital asset bank accounts

After news outlets reported on the directive supposedly issued to multiple banks, the Central Bank of Nigeria denied it amid...