Nigeria’s crypto ecosystem is experiencing significant growth, thanks to the Securities and Exchange Commission’s (SEC) decision to issue provisional crypto operations licenses to two startups, Busha and Quidax, in August…
Increased adoption is not a surprise to many. In a continent where existing financial infrastructures in many countries are not as smart as the fast-growing, highly mobile and techy African…
Central Bank of Nigeria (CBN)’s Governor Mr. Olayemi Cardoso, recently unveiled two innovative digital payments solutions to aid the CBN’s operations. The Document Flow (DocFlow) System and the Ministries, Departments,…
The well over 2-year-long ‘crypto ban’ in Nigeria has now been lifted by the Central Bank of Nigeria (CBN). In a new ‘Guidelines on Operations of Bank Accounts for Virtual…
Nigeria’s Central Bank Digital Currency (CBDC), the eNaira, whose launch gulped millions of Naira from the nation’s coffers, may likely hit rock bottom in its second year. The eNaira, Africa’s…
In this special report, the Founding Editor of Crypto Asset Buyer (CAB), Senator Ihenyen, went to town in Nigeria’s emerging blockchain industry to find out what industry stakeholders think about…
Introduction
If the Supreme Court of Nigeria is not infallible, how much more the Central Bank of Nigeria (CBN)?
Over the last one year, CBN has been obsessed with cryptocurrencies. Obviously troubled…
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The Central Bank of Nigeria (CBN) has fined First City Monument Bank (FCMB), Fidelity Bank Plc, and Wema Bank N514 million because they contravened the CBN circular…