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Nigeria’s President-Elect to Introduce Blockchain in Banking Sector

Nigeria's President-elect aims to introduce blockchain technology and crypto into the banking and finance sector to stimulate economic growth as part of his plan...

Adoption

eNaira Adoption Soars Amid Cash Shortage: Transactions Rise 63%

The eNaira, recorded a 63% increase in transaction value due to the country's demonetization policy and cash shortage crisis, with an estimated 22 billion...

Adoption

Metaverse Tech Transforms Africa’s Digital Economy

Metaverse technology is transforming Africa's digital economy, with Nigeria, South Africa, and Egypt among the countries leveraging virtual reality applications in the education, medical,...

Adoption

Lagos Top Africa Crypto Hub: 45% Population Own Crypto

Lagos, Nigeria's largest city, ranks 14th globally among the world's most crypto-ready cities, with 45% of its population owning or using crypto, due to...

Adoption

Nigeria’s 60% BTC Surge Amid Central Bank’s Shift to eNaira

Nigeria’s Central Bank’s push for digital money promotes Bitcoin adoption among citizens with a 60% premium on the NairaEX crypto exchange. In December 2022, the...

Adoption

Roqqu Ist Crypto Exchange From Nigeria Aquires EU License

Roqqu a crypto exchange from Nigeria has received a European virtual currency license, becoming the first Nigerian exchange for receiving such a license. Nigerian cryptocurrency...

Adoption

Nigeria Limits ATM Cash Withdrawals to Push for eNaira Adoption

Nigeria limits ATM cash withdrawals to over $225 per week to ensure the smooth adoption of its Central Bank Digital Currency. Nigeria cuts down cash...

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