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Tag: Central Bank of Nigeria

Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals

January 30, 2023 wp-bot Cointelegraph

The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000.

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Report: Nigerian Central Bank Spent Over $1.8 Billion Managing Local Currency

December 30, 2022 wp-bot Bitcoin News

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

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Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies

December 19, 2022 wp-bot Cointelegraph

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

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Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low

November 10, 2022 wp-bot Bitcoin News

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

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Nigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New Low

September 28, 2022 wp-bot Bitcoin News

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

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Fintech Unicorn Flutterwave Granted ‘Game Changing’ License by Nigerian Central Bank

September 3, 2022 wp-bot Bitcoin News

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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