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Tag: naira

Nigeria upgrades CBDC as crypto restrictions cripple fintech industry

May 10, 2022 wp-bot Cointelegraph

Nigeria’s central bank has upgraded its eNaira to steer the country away from crypto even after a UN report stated that restrictions on digital currencies

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Microstrategy CEO Advises Nigeria and Zimbabwe to Adopt Bitcoin Standard, Says BTC Is ‘Kingmaker’

October 19, 2021 wp-bot Bitcoin News

Microstrategy CEO Michael Saylor has suggested Nigeria and Zimbabwe issue currencies that are backed by bitcoin if they want to fix their economies. He surmised

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THE EMERGENCE OF THE BLOCKCHAIN NETWORK — THE NIGERIAN E — NAIRA AND THE NATION’S CRYPTOCURRENCY…

September 15, 2021 wp-bot Blockchain, Medium Blockchain

Isaac Ijuo Continue reading on Medium »

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Annual US Dollar Remittances to Nigeria Surge to $34 Billion but Forex Woes Persist

August 31, 2021 wp-bot Bitcoin News

According to a report, the value of annual dollar remittances by Nigerians working abroad has surged to $34 billion, a figure that easily surpasses the

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Nigerian crypto adoption rises despite govt crackdown

August 2, 2021 wp-bot Cointelegraph

Nigerians are still hungry for crypto despite the central bank’s efforts to quash it.

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Nigerian Central Bank Threatens Jail Time for Citizens Caught Defacing Naira Banknotes

June 16, 2021 wp-bot Bitcoin News

Fighting to stop the value of the naira from dropping further, the Central Bank of Nigeria (CBN) faces yet another problem: abuse of naira banknotes.

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