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

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Month: March 2020

Nigeria Popular Giftcards and Bitcoin Kiosk, Chiji14xchange Launches It’s Affiliate Program.

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Chiji14xchange is a popular bitcoin and giftcards trading platform based in Nigeria. Chiji14xchange launched its affiliate marketing program on Saturday 28th March, to increase the users of its trading platform. The bitcoin kiosk allows trading experts and non-traders to participate…

Coronavirus Relief Funds: Binance, Ripple And Others Makes Donations to Fight the Coronavirus Outbreak.

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Cryptocurrencies is now used to help fight the coronavirus pandemic in Nigeria and worldwide. Major crypto companies like binance are doing their part to provide coronavirus support to nations, hospitals, and persons suffering from covid-19.  Many coronavirus relief initiatives such…

Cryptopreneur, Gaius Chibueze Donates 3 Million in Naira to Fight COVID-19 Outbreak.

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Many individuals and banks have made donations to financially support individuals during this period of health and financial crisis in the country. Gaius Chibueze, the CEO of AbitNetwork, a blockchain-based application company announced the donation of 3 Million Naira to…

SEC Nigeria Drafts New Regulations For Digital Commodities (Cryptocurrencies) Investment Platforms Crowdfunding in Nigeria.

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UPDATED — 3rd April, 2020: For clarification purposes, this crowdfunding regulations for digital commodities does not include cryptocurrency. The Securities and Exchange Commission (SEC) has released proposed rules for crowdfunding in other words fundraising, to foster economic growth and strengthen…

Egypt Encourages E-Payment Systems Following New Cases of Coronavirus in the Country.

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Following the new cases of coronavirus recorded in Egypt, the Central Bank of Egypt has urged egyptians to limit their use of banknotes and to always use mobile phone wallets and other e-payments systems. Egyptian banks were also instructed to…

Tinubu Tells Federal Government to Print More Naira Notes — “A Call For Digital Naira”

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All Progressives Congress National Leader, Asiwaju Bola Tinubu, suggests that government  print more naira to help restructure the failing economy and improve our health sector following the coronavirus outbreak in Nigeria. Tinubu said this in a statement he wrote in…

Bitcoin Addresses Holding At Least a Whole Bitcoin to Reach All Time High.

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While the number of bitcoin addresses holding up to one Bitcoin (BTC) is increasing, only about 800,000 people currently own one bitcoin. According to the glassnode data released on March 28, 797,420 wallets now have a balance equal to or…

CBN: Embrace Alternative Means of Payment.

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Following the coronavirus virus outbreak in Nigeria with the number of infected persons increasing to 97 according to National Center for Disease Control, NCDC. The Central Bank of Nigeria, through it’s twitter handle encouraged Nigerians to embrace alternative means of…

World Health Organization Launches MiPasa, a Blockchain Powered Platform to Fight COVID-19.

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World Health Organization Launches MiPasa, a Blockchain Powered Platform to Fight COVID-19. MiPasa Blockchain Platform. Today, World Health Organization (WHO) joined hands with major blockchain and tech companies to create a distributed ledger technology (DLT) based platform for recording and…

The African Development Bank Launches Record Breaking $3Billion Social Bond to Fight COVID-19 in Africa. 

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Recording Breaking: The African Development Bank (AAA) announced the raise of an exceptional $3 billion in a three-year bond to alleviate the negative economic and social impact of Covid-19 pandemic on livelihoods and Africa’s economies.  The three-year social bond attracted…