Nigeria and Arsenal Football Club Legend Nwankwo Kanu Signs for Sportsbet.io – crypto.news

June 17, 2022, TALLINN, Estonia —   Football icon Nwankwo Kanu has signed as a Global Ambassador for Sportsbet.io, as the leading global favorite crypto-led sports betting site adds another superstar ...

Nigeria and Arsenal football club legend Nwankwo Kanu signs for Sportsbet.io

Football icon Nwankwo Kanu has signed as a Global Ambassador for Sportsbet.io, as the leading global favorite crypto-led sports betting site adds another superstar to its team. King Kanu, affectionate...

Nigeria Exchange Ltd plans to adopt blockchain technology

Blockchain technology is gaining strong use cases in the traditional financial sector. Nigeria Exchange Ltd, the largest stock exchange in Nigeria, has launched a trading platform supported by blockch...

Blockchain And Crypto Association In Nigeria Puts Forward A Code Of Conduct For VASPs

The Nigerian blockchain and crypto advocacy group takes a move forward in the industry of cryptocurrencies and blockchain.  The Stakeholders in Blockchain Technology Association in Nigeria have announ...

Nigeria Takes the Highest Bitcoin Optimism Levels at 60%, Survey Reads

Since knowledge feeds optimism and participation, Nigeria emerged as the top nation with the highest rates of optimism about Bitcoin’s future at 60%, according to a study by Jack Dorsey-owned Block, I...

The BAL Concludes Second Season, Response Has Been “Tremendous”

(L-R) Senegalese Presidential Advisor for Sports Ndongo Ndiaye, NBA Commissioner Adam Silver, … [+] Secretary General of the International Basketball Federation Andreas Zagklis and the President...

Floki Completes Charitable School Project in Nigeria » NullTX

One of the pillars of the Floki project is charity. Everything the Floki Team does is dedicated to improving the world, whether through developments in crypto and the metaverse or “IRL” charitable giv...

Despite Implicit Ban, Nigeria Rules Crypto as Securities; Can it Stand?

In February last year, the Central Bank of Nigeria (CBN) sparked widespread criticism after it ordered commercial banks in the country to close down accounts of cryptocurrency traders in the country. ...

Nigerian Regulator Defines Crypto as Securities, Clarifies Listing Rules

The Nigerian securities market supervisor published a new set of rules recently, clarifying that digital assets come under its purview. The regulator defined digital assets as “a digital token that re...

Nigeria modifies crypto regulations in the country

Crypto rules by Nigeria’s Securities and Exchange Commission have delivered new standards   It will direct the issuance, care, and trade of computerized resources  It likewise will start grouping them...

SEC Nigeria Issues New Crypto Rules to Protect Investors and Boost Adoption

Nigeria’s Securities Exchange Commission (SEC) has released new rules on the issuance and use of digital assets, including cryptocurrencies, in the country. SEC Nigeria Issues Crypto Rules Recall that...

Nigeria Releases New Rules Classifying Crypto as Securities

In a move that might boost crypto trading in Nigeria, the nation’s Securities and Exchange Commission (SEC) has rolled out “rules on issuance, offering platforms, and custody of digital assets” for vi...

Nigeria welcomes ‘Crypto Asset Rules;’ the plan might impress you

With many individuals and institutions losing faith in cryptocurrencies of late, looks like one country stands unaffected. Despite the unimpressive few days of the cryptocurrency market, Nigeria’s Sec...

Nigeria issues crypto-asset directive

The Nigerian Securities and Trade Commission has issued new rules for issuing, trading, and holding virtual assets in the country. The news comes 20 months after the Commission expressed its stance on...

Nigeria Issues Crypto Asset Rules In A Move That Could Boost Adoption

Nigeria’s Securities Exchange Commission has issued new rules that apply to all crypto product and … [+] service providers in the country. The latest development could legitimize and boost...

Coinbase-Backed MARA Raises $23 Million To Build A Strategic African Crypto Exchange

Mara wants to build a pan-African crypto exchange that sits in the gap between regulators and crypto … [+] users to help drive crypto and blockchain adoption in Africa. MARA The last few years h...

Nigeria Upgrades e-Naira CBDC, Bid to Abolish Crypto

CBN upgrades its CBDC, e-Naira.  Urges the usage of e-Naira over fiat currency. All financial assistance from the Nigerian government to be in e-Naira. The play of Central Bank Digital Currency (CBDC)...

Nigeria To Upgrade CBDC For Wider Use As Crypto Restrictions Cripple Fintech Sector

Africa’s largest economy and most populous country “Nigeria,” launched the continent’s first digital currency, the e-Naira, back in October 2021. The Central Bank of Nigeria (CBN) carries over plans t...

Tanzania to Follow Nigeria in Rolling out Digital Currency

The government of Tanzania is looking to launch a central bank digital currency (CBDC) to protect its citizens from cryptocurrency speculators. “It’s important for us to provide a central bank digital...

Nigeria upgrades CBDC as crypto restrictions cripple fintech industry

The Central Bank of Nigeria (CBN) is moving ahead with plans to upgrade the country’s central bank digital currency (CBDC) to be used on a wider range of goods and services. It is also maintaining har...

Central Bank of Nigeria to Upgrade eNaira for More Uses, Including Bill Payments

The Central Bank of Nigeria will launch an upgrade for its eNaira next week. The upgrade will allow the digital currency to be used on a wider range of goods and services, including bill payments. Nig...

Nigeria to boosts CBDC as cryptocurrency limitations stifle the fintech industry

The Central Bank of Nigeria (CBN) is working on plans to upgrade the country’s central bank digital currency (CBDC) so that it may be used on a wider range of items and services. In addition, it is co...

WaykiChain Football Tour Nigeria Station Goes Live on May 7

[PRESS RELEASE – Please Read Disclaimer] The former African eagle, Nigeria suffered a defeat in the African qualifiers of this World Cup and completely missed the World Cup. However, as a traditional ...

LBank Crypto Exchange Holds “Abuja Blockchain Konnect 2022” in Nigeria

LBank has conducted another blockchain training event in Nigeria in partnership with Litedex Protocol. As part of its efforts to drive development and adoption of blockchain technology in Nigeria, LBa...

Nigeria to lift ban from Crypto- All you need to know 

The Nigerian Communications Commission (NCC), as well as academics, government officials, and technology enthusiasts have discussed the benefits of emerging technologies such as Blockchain in boosting...

Nigeria Rethinks Crypto Ban, Stakeholders Hold Talks

After Nigeria had instituted a crypto ban for months, the Nigerian Communications Commission (NCC), as well as academics, government officials, and technology enthusiasts, have discussed the advantage...

Nigerian Fintech Startup Afriex Raises $10 Million For Its Blockchain Money Transfer Platform

Afriex lets users transfer money through stablecoins in less time and at a lower cost than a wire … [+] transfer. Afriex When Tope Alabi moved back to Nigeria in 2019 after 20 years in the U.S.,...

The Scale And Challenges Facing Bitcoin Adoption In Africa Today

Bitcoin adoption implies that it will be accepted as sound money all over the world. A truly decentralized asset that can be used to securely transfer and store value. Africa is lagging behind in term...

Nigeria, boom in Bitcoin and Cryptocurrencies

Nigeria and several countries in Africa as well as the UAE are setting their sights on Bitcoin and cryptocurrencies in general. Nigeria is betting big on Bitcoin and cryptocurrencies in general 54% of...

Crypto Adoption in Nigeria is Fueled by Limited Access to Financial Services (Study)

According to research conducted by KuCoin, the growing number of Nigerians investing in crypto is propelled by the lack of proper fiat-based opportunities. The study revealed that over 30 million of N...

Telco Giant, MTN, to Start Banking in Nigeria

MTN Nigeria, the Nigerian division of the MTN Group, a South African multinational mobile telecommunications company, has received final approval from the Central Bank of Nigeria (CBN) to operate its ...