8 / 8 Relevant items tagged with #Nigeria

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eNaira is ‘crippled‘: Nigeria in talks with NY-based company for revamp

[Feb 21, 2023 7:10 AM] After multiple attempts to create an efficient digital currency, the Central Bank of Nigeria is turning to a New York tech firm to revamp the underlying technology.

As Its Central Bank Limits Cash And Pushes A CBDC, Nigeria Needs Bitcoin

[Feb 11, 2023 7:00 AM] Following an unsuccessful CBDC launch, Nigeria’s central bank is now trying to cut off cash. Bitcoin can help Nigerians find sovereignty.This is an opinion editorial by Heritage Falodun, a Bitcoin consultant and computer scientist based in…

Nigerian City of Lagos Among the World’s Top 20 Crypto Hub Cities — Study

[Feb 8, 2023 5:30 AM] According to the findings of a study by Recap, the crypto asset management firm, the Nigerian city of Lagos is ranked among the world’s top 20 crypto hub cities. Besides Lagos, five more African cities, namely the Angolan city of Luanda…

Nigerians Are Fighting For Their Own Money And Bitcoin Can Help

[Feb 7, 2023 12:42 PM] As Nigerians have been cut off from access to their own money amid a banknote redesign, Bitcoin is the best chance to reinvent the system.This is an opinion editorial by Ray Youssef, a founder and CEO of Paxful and a founder of the Built With…

Are Nigerians Really Buying Bitcoin For As High As $34,000?

[Feb 1, 2023 5:00 PM] Over the last couple of weeks, reports have emerged that crypto users in Nigeria have been buying bitcoin (BTC) for a pretty hefty premium. On the surface, it may seem that these reports are accurate, but they are essentially wrong, and this report…

Bitcoin pumped 43% in January 2023! What to expect in February — Watch The Market Report live

[Jan 31, 2023 11:00 AM] On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss what the second month of 2023 could potentially hold for BTC.

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

[Jan 29, 2023 10:33 PM] The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000.

DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds

[Jan 16, 2023 8:46 PM] Crypto donations are so much more than just peer-to-peer Bitcoin and Ether transactions.

Nigerian crypto exchange Roqqu receives European virtual currency license

[Jan 12, 2023 3:00 PM] The move allows Roqqu to operate in 30 countries and broaden its services within one of the world’s largest crypto markets.

Nigeria revisits its payments landscape amid sluggish eNaira adoption

[Jan 12, 2023 4:30 AM] The Nigerian central bank has outlined key focus areas for its national payments system in a two-year roadmap leading up to 2025.

Nigerian innovator launches first active Bitcoin Lightning node in the country

[Jan 11, 2023 9:00 AM] A new Bitcoin lightning node in Nigeria could inspire individuals to take “control of their financial future” and break free from ‘rotten' financial systems node runner Megasley told Cointelegraph.

Nigeria to create the stablecoins and ICOs legal framework

[Jan 10, 2023 5:11 AM] The necessity to create a legal framework for stablecoins is marked in the latest Central Bank of Nigeria strategy paper.

Still bullish: 40% of survey respondents plan to buy crypto in 2023

[Dec 22, 2022 8:00 AM] Despite a challenging year for the crypto industry, nearly 40% of respondents indicated a plan to purchase cryptocurrencies like Bitcoin in 2023.

Nigeria Looking To Legalize Bitcoin Usage: Report

[Dec 18, 2022 3:15 PM] If passed, the reported amendments would regulate bitcoin and cryptocurrency usage in the African nation.A local Nigerian newspaper has reported that Babangida Ibrahim, chairman of the House of Representatives Committee on Capital Market and…

The Costs Of Running A Bitcoin Node In Nigeria

[Dec 13, 2022 8:34 PM] The hardware, electricity and internet costs of running a Bitcoin node in Nigeria and ideas for mitigating these costs.In this article, I enumerate the costs of setting up and running a node in Nigeria, informed by my experience of running one over…

Australian CBDC receives unexpected interest but could hurt banks: RBA

[Dec 7, 2022 11:56 PM] The pilot "eAUD" program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry.

Nigeria Pushes CBDC Usage With New ATM Cash Withdrawal Limits

[Dec 7, 2022 8:48 AM] The Nigerian government has imposed new restrictions on ATM withdrawals in an effort to increase usage of the eNaira.The Nigerian government has placed new restrictions and limits on the amount of cash citizens are able to withdraw from ATMs. The…

Bitcoin App Strike Launches Instant, Cheap Remittances To Africa

[Dec 6, 2022 7:30 AM] People in Nigeria, Kenya and Ghana can now receive instant, low-cost remittance payments in local currency through Bitcoin’s Lightning Network.Bitcoin payments app Strike said in a statement Tuesday that it had launched Send Globally, a new feature…

Strike partners with Bitnob to facilitate cross-border payments into Africa

[Dec 6, 2022 4:43 AM] On stage at AfroBitcoin, Strike CEO Jack Mallers announced plans to improve remittance payments into Africa thanks to the Lightning Network on Bitcoin.

AAX clients storm exchange's office in Lagos following operational halt

[Dec 4, 2022 12:23 PM] A group of angry users attacked crypto exchange employees after withdrawals were halted, according to local media.

Bitcoin Will Empower The Youth Of Nigeria

[Nov 8, 2022 7:20 PM] The young people of Nigeria are ready to harness the opportunity that Bitcoin represents to lead their country.This is an opinion editorial by Ray Youssef, CEO of Paxful and cofounder of the Built With Bitcoin Foundation.My plane wheels touched the…