Adoption
Nigeria ranks ahead of U.S., others in crypto ownership. Bitcoin remains hot favorite.
Over 50% of crypto holders in Nigeria are in fact Bitcoin hodlers according to a research by Finders
Oluwapelumi Adejumo 2 min read
Nigeria News
Coverage of Nigeria’s crypto policy, P2P markets, fintech innovation, and Web3 entrepreneurship.
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Adoption
Crypto-loving Nigeria to launch eNaira stablecoin today
After postponing the launch of the “eNaira” indefinitely, Nigeria’s central bank has now announced that it would launch the CBDC project today.
Regulation
Nigeria suspends launch of ambitious e-naira project
The apex bank of Nigeria has announced the postponement of the launch of the country’s CBDC project, eNaira.
Latest Nigeria Crypto News & Analysis
Adoption
Crypto-loving Nigeria begins eNaira CBDC project
Nigeria’s central bank has announced plans of its eNaira project in partnership with a crypto firm.
Adoption
Emerging markets like Nigeria, Kenya led 880% global crypto growth in 2021
Data on global cryptocurrency adoption reveals growing interest from residents of emerging countries as they are willing to enter the space.
Adoption
Nigeria moved $40 million via peer-to-peer Bitcoin (BTC) trades last month
Data from UsefulTulips have shown that Nigerians, using the P2P trading method traded almost $40 million BTC
Adoption
Bitcoin, Ethereum peer-to-peer volumes in Nigeria continue surging
Available information has shown that Nigeria has recorded tremendous growth in its crypto P2P trade volume despite the imposed restrictions on the sector by the government.
Adoption
Currency devaluation in Nigeria is driving a crypto boom in the country
Loss of faith in the naira is prompting locals to turn to crypto.
Trading
Nigerian central bank does a U-turn on Bitcoin ban, saying they now “allow” it
The Governor of the Nigerian Central Bank changes his mind on restricting cryptocurrency trading. Some say he had little choice but to "allow" it.
