Bitcoin News Nigeria, Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria


Nigeria Missing As Kenya, South Africa Leads In Global Innovation Index Report 2022. 

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Mauritius, South Africa, Botswana, Kenya and Morocco, in latest inovative economies global report, ranked far above Nigeria in Africa as countries with the most innovative economies. This is according to the World Intellectual Property Organisation’s (WIPO’s) Global Innovation Index (GII)…

Nigeria eNaira CBDC Facing Challenges, CBN Contracts US Firm To Improve The Digital Currency. 

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Following continuous actions  to create an efficient digital currency, the Central Bank of Nigeria is turning to a New York tech firm to revamp the underlying technology. According to a Bloomberg report, the CBN is in talks with new ‘technology…

The African Development Bank’s Coding for Employment Program Opens Second Center in Kenya

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The African Development Bank has opened a second Information and Communications Technology Centre of Excellence at the United States International University-Africa in Nairobi. This marks an important milestone for the Bank’s Coding for Employment program, and its growing partnerships with…

Again! Chipper Cash Lays Off Staff, Halts Crypto-Related Services. 

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Chipper Cash, an African cross-border payments platform carried out a second round of staff layoff last Friday barely ten weeks after it cut approximately 12.5% of its workforce, affecting its engineering team the most. The company’s V.P. of revenue shared…

Nigeria Gains $976 Million Of Africa’s $3.3 Billion Tech Startup Investments

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Following the news of  two Nigerian start-ups winning $300,000 at LEAP tech conference pitch in Riyadh Nigeria attracted the largest technology startup investments in Africa in 2022, according to a new report. Indeed, of the $3.3 billion investment that Africa…

Binance Stablecoin, BUSD Faces Scrutiny In The US. 

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Paxos Trust Company, the firm behind Binance’s stablecoin, said the U.S. Securities and Exchange Commission (SEC) has told the company it should have registered the product as a security and is considering taking action against the platform, as New York…

3 Fallacy People Have About Starlink Entrance Into Nigeria Internet Service Providing Space.

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Nigerians are pleased to see Elon Musk’s Starlink come into Nigeria as an upstart competitor to the established internet service providers in the country. The thought of Starlink providing faster internet speed at lower costs is quite exciting. However, there…

Wicrypt, Nigeria Blockchain Internet Sharing Start-up And RiceAfrka Tech Wins $150k Each At Global Pitch Competition In Saudi Arabia.

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Nigerian delegation, led by Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami), accompanied by Director General of NITDA, Kashifu Inuwa, Executive Vice Chairman, Nigerian Communication Commission, Prof. Umar Garba Danbatta and Managing Director, Nigerian Communication Satellite, Engr. …

Nigerian Fintechs To Be Listed on NGX, As Advisory Panel Announced. 

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Nigerian Exchange Limited (NGX) has set up the NGX Digital and Technology Products Advisory Panel. The Panel would provide a forum for the Exchange to interact with the capital market community and the fintech ecosystem to enhance and increase NGX’s…

Lagos, Ibadan Leads As Top African Crypto Hubs Among Top 50 Global Crypto Thriving Cities 

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A recent research released by Recap, a global financial research organisation shows that among the 50 top cities leading in crypto adoption, 6 African cities made the list. Among these African cities, two are Nigeria’s cities; Lagos and Ibadan which…

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