Nigeria Archives

Digital Nigeria International Conference 2023 shines light on how blockchain, AI, and emerging tech can solve Africa’s challenges

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4 October, 2023

Digital Nigeria International Conference 2023 shines light on how blockchain, AI, and emerging tech can solve Africa’s challenges

Digital Nigeria kicks off on October 24, and with speakers including Lorien Gamaroff, Jimmy Nguyen, and Michael Hudson, it will...

Nigeria on the hunt for top researchers for its AI strategy

Business

Steve Kaaru

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3 September, 2023

Nigeria on the hunt for top researchers for its AI strategy

The country is executing an AI strategy and wants top researchers of Nigerian descent to contribute, according to Nigerian Communications...

Nigeria: Patricia exchange raises exit scam fears after converting user funds to native token

Business

Steve Kaaru

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31 August, 2023

Nigeria: Patricia exchange raises exit scam fears after converting user funds to native token

A digital currency exchange gets hacked. The owners launch their own token. They repay the affected users with this new...

Nigeria adopts blockchain to fight certificate forgery in National Youth Service Corps

Business

Steve Kaaru

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20 August, 2023

Nigeria adopts blockchain to fight certificate forgery in National Youth Service Corps

NITDA CEO Kashifu Abdullahi also revealed that his agency has trained over 30,000 Nigerians with Domineum and partnered with nChain...

Business

Steve Kaaru

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13 August, 2023

Nigeria’s Bureau de Change operators urge government to ban Binance

Bureau de change operators in Nigeria say trading on Binance has put significant pressure on the naira at a time...

Nigeria rings the alarm on Binance’s alleged illegal operation

Business

Steve Kaaru

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7 August, 2023

Nigeria rings the alarm on Binance’s alleged illegal operation

Initially, the securities regulator issued a warning against Binance Nigeria, but in its latest notice, it warned against the global...

Nigeria revising CBDC model to boost eNaira adoption

Business

Steve Kaaru

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5 August, 2023

Nigeria revising CBDC model to boost eNaira adoption

The central bank didn’t reveal details on how it would amend Africa’s first CBDC but says the goal is to...

Nigeria’s central bank upgrades eNaira with NFC, programmability features

Business

Wahid Pessarlay

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22 July, 2023

Nigeria’s central bank upgrades eNaira with NFC, programmability features

Joseph Angaye, deputy director of the Central Bank of Nigeria’s risk management department, disclosed that the CBN will continue to...

Nigeria ends 3-year ban on naira payments for remittances

Business

Steve Kaaru

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20 July, 2023

Nigeria ends 3-year ban on naira payments for remittances

Nigeria has now lifted a ban that it placed in 2020 allowing remittance payments only in the USD—experts say the...

Nigeria leads the world in digital asset awareness at 99%: report

Business

Steve Kaaru

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9 July, 2023

Nigeria leads the world in digital asset awareness at 99%: report

The report says 67% of internet users want to own their data, and 4 in 5 want control over their...

Central Bank of Nigeria greenlights use of CBDC for international remittances

Business

Wahid Pessarlay

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27 June, 2023

Central Bank of Nigeria greenlights use of CBDC for international remittances

International money transfer operators are expected to apply for a one-time license to pay out funds in the eNaira, with...

eNaira faces uncertain future after ousting of Nigeria’s central bank governor

Business

Steve Kaaru

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21 June, 2023

eNaira faces uncertain future after ousting of Nigeria’s central bank governor

Godwin Emefiele was dismissed by the new president 10 days after his administration took over and has been held by...

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