Key Takeaways Binance’s decision to exit Nigeria is complicated by the detention of two senior executives, Tigran Gambaryan and Nadeem Anjarwalla, in Abuja. The executives were detained following a meeting with Nigerian officials…
Nigeria’s Central Bank (CBN) recently revoked its stringent anti-crypto measures that barred banks from handling crypto-related transactions for almost two years. This move coincides with collaborative efforts among Nigerian banks to introduce a…
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On the eve of his departure from office on May 28, former Nigerian President Muhammadu Buhari signed the Finance Act, 2023, into law. The act introduces a series of tax reforms aimed at modernizing…
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Following an unsuccessful CBDC launch, Nigeria’s central bank is now trying to cut off cash. Bitcoin can help Nigerians find sovereignty. This is an opinion editorial by Heritage Falodun, a Bitcoin consultant and…
The Nigerian government will reportedly soon pass a law that will recognize the usage of Bitcoin (BTC) and other cryptocurrencies as a means to keep up to date with “global practices.” The news…
A local Nigerian newspaper has reported that Babangida Ibrahim, chairman of the House of Representatives Committee on Capital Market and Institutions of Nigeria, claimed the country will soon pass a law making the…
In this article, I enumerate the costs of setting up and running a node in Nigeria, informed by my experience of running one over the past couple of years. I also offer some…
The Nigerian government has placed new restrictions and limits on the amount of cash citizens are able to withdraw from ATMs. The decision is seemingly an attempt to further push the country’s new…
This is an opinion editorial by Ray Youssef, CEO of Paxful and cofounder of the Built With Bitcoin Foundation. My plane wheels touched the tarmac, the excitement took over me — it was…
Nigeria seeks to create a special economic zone for bitcoin and cryptocurrencies. NEPZA is in discussion with Binance and Talent City to establish a partnership. The economic zone will reportedly mirror the Dubai…