Nigeria Lifts Banking Ban on Crypto Service Providers
🚀 Nigeria’s Central Bank lifts the 2021 ban on crypto service providers, while keeping banks’ crypto activities restricted. A significant move in crypto regulation! #CryptoNigeria #CBNPolicy
Nigeria
Blockchain.com Boosts Workforce for Expansion in Nigeria, Turkey
Exciting times at Blockchain.com! Prepping for a 25% workforce boost and expansion into Nigeria & Turkey, plus a new Paris hub on the way! 🌍🚀 #CryptoExpansion #BlockchainDotCom #GlobalGrowth #FintechFuture
Crypto Transactions Surge Over 10% in Nigeria and Uganda Amid African Inflation
📈💰 A new report shows that #Bitcoin and #crypto transactions are up by over 10% in #Nigeria and #Uganda. This comes as Africa grapples with rising inflation, pointing to cryptocurrencies as a financial lifeline for many. #Africa #Inflation #Cryptocurrency
Nigeria Takes Lead in Bitcoin Interest: Google Search Data
Google Search data shows Nigeria leading the list of countries with the highest interest in Bitcoin, surpassing El Salvador and others.
Nigeria Received $20.9B Worth of BTC Remittances in 2022
By the end of the year 2022, it is anticipated that the value of international remittances into Nigeria would have reached $20.9 billion worth of Bitcoins.
Nigeria Limits Cash Withdrawals to Boost CBDC Adoption
The Nigerian central bank implemented limits on cash withdrawal to encourage the use of CBDC on the path to a totally cashless society. Read CNL.
Floki Inu Team Establishes New School in Nigeria
Floki has partnered with the UN and Tabitha Cumi Foundation to build a school in Nigeria. The state-of-the-art school is now completely fenced and fully furnished. The Floki team plans to build schools in Ghana, Laos, and Guatemala. The people’s cryptocurrency Floki Inu shared via Twitter the completion of a state-of-the-art school project in Nigeria, along with pictures of the school building, teachers, staff, and the beautiful students of the new school. FLOKI started after Elon Musk tweeted ‘Shiba Inu will get the name FLOKI’. One of Floki’s core projects is charity, it gives power and opportunity to the ‘underdogs’
Nigeria Rides the Crypto Wave, Citizens Choose Bitcoin
Nigeria ranks at number 2 in crypto trading worldwide. It follows after the United States of America. The country placed second despite much government effort to dampen crypto trading. According to Paxful, a Bitcoin trading platform, Nigeria is second in line when it comes to crypto trading. This puts the country right behind the USA. Despite numerous attempts at trying to dampen the growing interest in Bitcoin, its citizens have fully embraced cryptocurrencies. In fact, according to Chainalysis, Nigerian users received an astounding $2.4 billion in May. This number is based on dollar volume in cryptos. This is a remarkable
