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Nalezeno "nigeria": 908

African Hip Hop Artist Davido ‘Thinking of Starting a Bitcoin Trading Company’

5.2.2021
Popular Nigerian hip hop artist Davido has sparked off a buzz about crypto assets after tweeting about his intention to start a bitcoin trading company. With the short tweet, Davido becomes the latest African celebrity to express interest in starting a crypto business. Senegalese singer Akon...

All Over the World, Small Investors Jump Into the GameStop Frenzy

29.1.2021
The world is watching U.S. markets with great interest, and more than a little FOMO, as Reddit investors continue to test their might against Wall Street. It all started when retail investors on the Reddit community wallstreetbets began pumping the price of U.S. video game retailer GameStop’s (GME)...

Trading Bitcoin in Africa Is a Way for Some to Escape Poverty

21.1.2021
Learning to trade bitcoin has become a valuable skill set for Africans looking to boost their income

Nigerian Youth Propels the Country to the Top of Google Bitcoin Search Rankings

15.1.2021
Nigeria, one of the biggest cryptocurrency markets in the world, recently emerged as the country with the highest number of bitcoin searches globally, according to Google Trends data. The data shows that the West African country has a search score of 100, which is more than double that of...

Ghanaian Startup Bitsika Africa Processed $40 Million in Crypto Remittances in 2020, up 3,900% Year-on-Year

5.1.2021
Bitsika Africa, a crypto startup operating out of Ghana and Nigeria, said Monday that it processed almost $40 million in remittances in 2020, up from just under $1 million the previous year. Founder and chief executive officer Atsu Davoh said that deposits accounted for $18.87 million of the total...

Bitcoin adoption in Nigeria soars as central bank blocks remittances in Naira

18.12.2020
The Central Bank of Nigeria’s “Naira defense” policy is pushing more Nigerians towards Bitcoin and crypto adoption

Nigeria Is Paxful’s Second Biggest P2P Bitcoin Market, Trades Top $566 Million in Five Years

17.12.2020
Nigeria, Africa’s biggest economy and most populous nation, traded more than $566 million worth of bitcoin between 2015 and 2020, making it the world’s second-largest peer-to-peer (P2P) bitcoin market after the U.S., which traded $3.75 billion in the period under review. According to...

Nigeria’s Yellow Card Processes $165 Million in Crypto Remittances So Far This Year

7.12.2020
Nigerian crypto startup Yellow Card says it processed over $165 million in volume during the first eleven months of this year. The figure represents a growth of more than 1,840% over the amount of remittances processed in the last six months of 2019. Launched in June 2019, Yellow Card enables...

Central Bank of Nigeria Governor Decries the Use of Parallel Exchange Rate as Citizens Switch to Crypto

4.12.2020
The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does...

Everyone's talking crypto for solving sub-Saharan Africa's payments problems

3.12.2020
Stablecoins and continentwide regulations are key to breaking down barriers to Africa's economic growth

Hodlers thankful as Bitcoin is gainful: Bad Crypto news of the week

29.11.2020
Everyone from the Wall Street Journal to the Queen of England has an eye for Bitcoin in this week's Bad Crypto podcast

Following Binance Uganda closure, Binance P2P makes strong inroads in Africa

29.11.2020
The cryptocurrency exchange has given up on Binance Uganda, but the regional play remains strong

Former Microsoft Engineer Says Nigerian Expatriates Are Using Bitcoin to Circumvent Country’s Overvalued Exchange Rate

26.11.2020
A former Microsoft software engineer and co-founder of Buycoins Africa Tomiwa Lasebikan says some Nigerians expatriates are now using bitcoin to circumvent the country’s overvalued exchange rate when sending remittances. According to Lasebikan, the Central Bank of Nigeria (CBN)’s fixed...

Nigeria is establishing a framework for widescale crypto adoption

24.11.2020
Africa’s largest economy has become a bastion for crypto adoption

Nigerian Authorities Put Mastermind of the Inksnation Crypto Scam on Wanted List

16.11.2020
Nigeria’s Economic and Financial Crimes Commission (EFCC) is seeking the public’s help in locating Omotade Sparks Amos Sewanu, the mastermind behind the Inksnation crypto scam. According to a notice published in the local media on November 11, the EFCC wants Sewanu to respond to fraud...