Central Bank of Nigeria: eNaira no threat to financial stability
Nigeria’s central bank issued a press release in response to “news items on some media platforms,” suggesting that the eNaira threatens Nigeria’s financial stability. Go to Source
Nigeria
Auto Added by WPeMatico
Blockchain could have prevented Nigeria’s naira scarcity effects – Local experts
According to local stakeholders, the decision to print new naira notes could have occurred via DeFi, involving Nigerians and aiding readiness for the change Go to Source
Africa’s blockchain journey begins with poverty alleviation – CEO Sumotrust
Africa must erase the poverty in general and help people into the middle class in order to drive faster blockchain technology incorporation. Go to Source
CBN missed opportunity for blockchain regulation in 2021 – Convexity CEO
Mr. Owonibi stated that a blockchain regulation strategy should have been created by the Central Bank of Nigeria (CBN) in 2021 instead of cutting ties between cryptocurrency exchange firms and local banks. Go to Source
Nigeria’s Web3 education efforts seek to tackle language challenges
The chief operating officer (COO) of Bitkova Academy, a blockchain education platform, Bello Usman Abdullahi said the language barrier is one of the current major challenges. Go to Source
99% of Nigerians are crypto aware – Consensys report
A survey featuring respondents from all seven continents of the world suggests that Nigeria has the most crypto-aware populace globally. Go to Source
Nigeria’s Patricia crypto exchange seeks to explain its token amid confusion
Patricia clarified that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users. Go to Source
Nigeria calls on global experts for national AI strategy co-creation
The action will impact how the government formulates inventive technological solutions for critical national challenges. Go to Source
Nigerian crypto exchange’s token launch draws scrutiny
This development follows the company’s previous disclosure of a security breach resulting in fund losses in May 2023. Go to Source
Nigeria to issue verifiable blockchain certificates for NYSC
This initiative aims to house all NYSC certificates on the blockchain, providing individuals with the means to easily verify and authenticate them. Go to Source
