Nigeria Makes Move Towards Largescale Crypto Adoption

Nigeria, the African continent’s largest economy made a huge move towards crypto adoption while you were sleeping. The country’s Federal Ministry of Finance agreed to open talks with the country’s securities regulator to develop a new framework for Blockchain and…

Africa’s Largest Economy Eyes $10B in Blockchain Revenue by 2030

Nigeria could potentially expect a revenue stream of between $6 billion to 10 billion in the next decade thanks to Blockchain technology according to a key government official.  Director-General Kashifu Inuwa of the Nigeria National Information Technology Development Agency (NITDA)…

Nigerian Returns $80K worth of Bitcoin sent to him in Error

According to a report radio France Internationale, a Nigerian has returned $80,000 worth of Bitcoins sent to him in error. Nigerians have often received bad press due to a few individuals from that country who get involved in malicious activities…

Young Nigeria looks to Crypto for Payments

Data from Google Trends indicates that Lagos Nigeria ranks as the top city based on the volume of online searches for Bitcoin (BTC). This statistic implies high interest in Bitcoin, though surprisingly very little has transpired in the way of…

Nigerians May Usher-in a Pro-Crypto Government in 2019

The Nigerian 2019 general elections are just around the corner, with political heavy weights set to do battle on the ballot box in three months’ time. The upcoming political contest may just bring good tidings for crypto-enthusiasts in Africa’s largest…

African cryptocurrency market: Nigerian Senate Committee to Discuss possible Cryptocurrency Measures

Author – Sam Reeds – UK Africa’s most populous country, Nigeria, is set to deliberate on possible ways to regulate cryptocurrencies. The country is well known for online scamming commonly referred to as K-9 scammers globally. Nigeria’s Senate Committee on…