Nigerian authorities are developing a roadmap for the adoption of blockchain technology in public administration and payments on a national scale.
The Securities and Exchange Commission of Africa's most populous country said all crypto assets will fall under the regulation that covers securities exchanges and transactions.
It's common in Nigeria for police officers to threaten and extort citizens for whatever money they can find. This man uses bitcoin as a hiding spot.
Nigerian entrepreneurs are increasingly using bitcoin as a way to trade internationally, noting its significant benefits over legacy financial systems.
A new documentary – “Banking on Africa: The Bitcoin Revolution” – explores the role of cryptocurrencies in African economies.
Demand for bitcoin is surging in Ghana, Nigeria and Kenya, attracting investment from the cryptocurrency exchange Binance and a token project by Akon.
The payments app launched initially in Nigeria, but there are plans to expand to 30 African nations his year.
Here's how crypto exchanges are on-boarding unbanked users in Nigeria.
Facilitated by payments network Flutterwave, the addition starts a new phase of Binance adding sub-Saharan fiat pairs.
The Huobi Cloud network of crypto exchanges wants to facilitate $55 million in daily volume by 2020.
Two Nigerian nationals have been indicted in the U.S. for wire fraud and money laundering relating to a fake bitcoin investment scheme.
Despite bitcoin's price volatility in 2018, P2P exchanges Paxful and LocalBitcoins each saw significant user growth in Africa.
The Central Bank of Nigeria has issued another warning to residents and financial institutions over the risk of cryptocurrency investments.
A representative of the Central Bank of Nigeria opened up about his views on cryptocurrency at a technology-specific conference this week.
Nigeria’s central bank has a message for domestic institutions: don’t touch virtual currencies.