Tag: Cryptocurrency
Why Is Cryptocurrency So Volatile?
The biggest threat and the greatest appeal of Crypto is its fluctuation. It is what attracts traders to hope to…
Understanding Blockchain Technology and Cryptocurrency
Beyond speculation, enterprise blockchain applications are solving real-world problems. A prime example is supply chain tracking, allowing companies to record…
Dollar rise: EFCC continues crackdown on cryptocurrency platforms
“CBN is giving us dollars at N1,101, but some commercial banks are doing interbank conversions. They convert from their accounts…
Nigerian Reps to probe impact of cryptocurrency, others on national security
Rep. Isiaka Ibrahim (APC-Ogun), during plenary in Abuja noted in a motion that there are growing global concerns about the…
CBN lifts ban on cryptocurrency transactions
Mustapha said that the apex bank would now provide regulations for financial institutions on how to manage cryptocurrency to avoid…
CBN lifts ban on cryptocurrency transactions
The apex bank had in February 2021 restricted banks and other financial institutions from operating accounts for cryptocurrency service providers…
How Do I Change Crypto To Cash In Nigeria?
Changing cryptocurrency in Nigeria has been a questioning issue for many crypto traders. I, personally, have had issues with how…
How Cryptocurrency could change the Gaming Industry
However, one area where the gaming industry has been slow to change: is how gamers pay for their games. For…
Central African Republic renews faith in cryptocurrency
The Central African Republic's enthusiasm for cryptocurrencies does not seem to have been dented by recent losses in their values,…
What does the future hold for Cryptocurrency?
The future of cryptocurrency is still very much up in the air. Critics see nothing but risk, while supporters see…
Nigeria’s Crypto Future: Oke Advocates Responsible Innovation and Policy Reform
Nigeria, once celebrated as Africa’s cryptocurrency trailblazer, now stands at a crucial crossroads. On February 5, 2021, the Central Bank…
How to buy crypto in Nigeria
Nigeria has always been known as a country with a large population of resilient youths that are enthusiastic about innovation.
Osinbajo disagrees with CBN’s cryptocurrency ban
Prof. Yemi Osinbajo, the Vice President of Nigeria, has disagreed with the Central Bank of Nigeria's decision to ban cryptocurrencies.
Emefiele under fire for view on cryptocurrency
The Central Bank of Nigeria (CBN) Governor Godwin Emefiele has been under heavy fire online for describing cryptocurrency as money…
Banning cryptocurrencies was in interest of Nigerians – CBN
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said that the bank's decision to prohibit deposits…
Cryptocurrency ban: Emefiele honours NASS invitation
Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), has honoured the invitation of the Senate over the…
Bitcoin hits record high $50K
Bitcoin hit a new record high and approached $50,000 on Sunday, as Wall Street and Main Street increasingly adopt the…
Making a case for Cryptocurrency in Nigeria
A blockchain is a digital ledger of transactions that is duplicated across a network of computer systems. Cryptocurrencies are digital…
Senate summons CBN Governor over ban on Cryptocurrency
The Nigerian Senate on Thursday summoned the Central Bank of Nigeria, CBN, Governor, Godwin Emefiele over ban on use of…
Elon Musk puts cryptocurrency into mainstream as Nigeria shuts doors
As Nigeria shuts its doors, billionaire Elon Musk’s Tesla Inc drove Bitcoin toward mainstream acceptance on Monday after its disclosure…
No going back on cryptocurrencies: CBN
Despite the growing criticisms, Nigeria's apex bank, the Central Bank of Nigeria (CBN) has said that it will continue to…
Atiku appeals to Buhari: Don’t shut down cryptocurrency business
Former vice-president Atiku Abubakar has urged the Buhari administration not to shut down cryptocurrency business, as announced by the Central…
Cow ranching business better than cryptocurrency – Adamu Garba
Former Nigeria presidential aspirant Adamu Garba has stated that investing in cow business is better than any form of cryptocurrency…
Outrage as CBN directs banks to close accounts of cryptocurrency traders
Nigerians are currently reacting to the Central Bank of Nigeria, CBN’s direction to banks to close accounts of persons or…
Close accounts of cryptocurrency traders – CBN orders banks
The Central Bank of Nigeria, CBN has directed banks to close accounts of persons or entities involved in cryptocurrency transactions…
How Nigerian youths can attain sustainable financial dream with cryptocurrency – Oluwaseun
Oluwaseun talks about his journey into this legitimate online business and how Nigerian youths can attain a sustainable financial dream…
Binance launches new platform for developers
Global cryptocurrency exchange, Binance, has announced a new platform for developers, "Binanace X", following their recent launch of the "Venus"…
Kidnappers demand $10m in cryptocurrency for wife of businessman
Kidnappers who took Anne-Elisabeth Hagen, wife of a wealthy Norwegian businessman, are demanding $10m ransom in cryptocurrency. Anne-Elisabeth, 68, the…
South Korea uncovers about $600m in illegal cryptocurrency trade
South Korea has uncovered illegal cryptocurrency foreign exchange trading worth nearly 600 million dollars, a sign authorities are tightening the…
Cryptocurrency: South Korea to ban anonymous bank accounts
South Korea will ban the use of anonymous bank accounts in cryptocurrency trading from Jan. 30, regulators said on Tuesday.