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Cryptocurrency

CBN To Launch Its Digital Currency On October 1

The Central Bank of Nigeria (CBN) has finally announced that it will be launching the pilot scheme of its digital currency on October 1, 2021. The Apex bank with its stakeholders outlined its digital currency initiative via a private…

Crypto Ban: Senate Summons CBN Governor, SEC DG

The Nigerian Senate on Thursday directed the the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele to appear before its Committees on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes, and Capital Market to…

CBN Bans Banks From Cryptocurrency Business

The Central Bank of Nigeria, CBN, has ordered Deposit Money Banks (DMBs), Other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) local financial institutions against having any transactions in crypto or facilitating…

Davido Hints On Launching A Bitcoin Company In Nigeria

David Adedeji Adeleke, Nigerian singer popularly known as Davido has announced his intention to kick-start a bitcoin company in Nigeria. mNaija learnt that the DMW boss revealed this in a post on his verified Twitter account on Tuesday,…