99% of Nigerians are crypto aware – Consensys report
A survey featuring respondents from all seven continents of the world suggests that Nigeria has the most crypto-aware populace globally.
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Nigeria’s Patricia crypto exchange seeks to explain its token amid confusion
Patricia clarified that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users.
Nigeria invites global experts to collaborate on national AI strategy
The action will impact how the government formulates inventive technological solutions for critical national challenges.
Nigerian crypto exchange’s token launch draws scrutiny
This development follows the company’s previous disclosure of a security breach resulting in fund losses in May 2023.
Nigeria to issue verifiable blockchain certificates for NYSC
This initiative aims to house all NYSC certificates on the blockchain, providing individuals with the means to easily verify and authenticate them.
Binance faces calls for ban by Nigerian Bureau De Change association
Gwadabe reportedly emphasized that Binance trading has increasingly established itself as a central point for both the Investor and Exporters window as well as the parallel market.
Nigeria’s SEC warns against trading on Binance
The agency insists that the platform doesn’t have a license to work in the country and that its operation is illegal.
Nigerian central bank adds NFC upgrade to eNaira for contactless payments
The central bank reportedly emphasized that the addition of NFC technology will play a crucial role in boosting the adoption rates for the CBDC.
Nigerian social payments app shuts down crypto exchange services
The company cited that it will cease operations of its exchange services as part of the shareholders' decision to restructure the business to focus on Cashlink.
Research: There could be 24 CBDCs live by 2030
93% of the central banks are already conducting research on central bank digital currencies, 68% are still not ready to launch their digital money.
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