Why the Nigeria-China currency swap deal has failed to stabilize the naira
The deal was to reduce the demand for U.S. dollars and strengthen the value of the naira.
Nigeria
Latest stories and analysis of blockchain and digital assets developments in Nigeria.
Zebedee and Bitnob partner to help African gamers earn bitcoin rewards
African users will be rewarded in satoshis when they play games or listen to podcasts on the gaming app. They can convert the rewards to their local currency through Bitnob.
A new report says African blockchain firms raised $474 million in 2022, but the methodology is questionable
South Africa, Liberia and Kenya led Nigeria for total funding. MFS Africa, Valr, Jambo, Ejara all feature in the report.
CBN preaches eNaira adoption to Nigerian university
The eNaira could potentially be used to pay salaries of federal workers, a CBN official said.
Lagos state, Nigeria, to consider incorporating blockchain education into school curriculum
The government of Lagos — Nigeria’s bubbling tech and business hub — continues to make promises to support blockchain.
How blockchain is being used to address low mobile internet access in Africa
A recent World Bank report found that mobile internet access can alleviate poverty. Yet, Africa lags in internet use. Some blockchain companies are trying to fix this.
Jack Dorsey’s Block partners with African crypto exchange Yellow Card
The partnership is to facilitate cross-border payments in Africa based on Block’s infrastructure.