The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000.
Read moreReport: Nigerian Central Bank Spent Over $1.8 Billion Managing Local Currency
During her appearance before Nigerian lawmakers, Aisha Ahmad, the deputy governor of the Central Bank of Nigeria (CBN), told lawmakers that out of the nearly
Read moreNigeria set to pass bill recognizing Bitcoin and cryptocurrencies
The slated law comes as Nigeria’s eNaira has only managed to obtain a 0.5% adoption rate, a little more than a year after its launch
Read moreNigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low
Just a few days after plummeting to its worst exchange rate against the U.S. dollar ever, the Nigerian currency was trading at around 820 units
Read moreNigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New Low
Following the latest meeting of the monetary policy committee, the Central Bank of Nigeria says it has hiked the monetary policy rate to 15.5%. By
Read moreFintech Unicorn Flutterwave Granted ‘Game Changing’ License by Nigerian Central Bank
The Nigerian fintech Flutterwave has said the switching and processing license it recently received from the Central Bank of Nigeria allows it to “deliver an
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