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


Nigeria and Kenya Central Banks Condemns Crypto, Promotes Central Bank Digital Currencies.

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Top Central Bank executives from Nigerian and Kenyan central said that cryptocurrencies are too volatile to become an acceptable payment method, insisting that cryptocurrencies pose a risk to financial stability. The bankers namely, Kingsley Obiora, the deputy governor of the…

Kenya Is The Only African Country On The New Moneygram Crypto-to-Cash Service Launch.

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MoneyGram, the global money transfer company known for peer-to-peer payments, is launching an on- and off-ramp service for digital wallets for easy crypto-to-cash switch. The service is initially being rolled out in a few select markets including Canada, Kenya, the…

Kenya Leads In Crypto Trade In East Africa.

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Finder’s 2022 Cryptocurrency Adoption Index ranks Kenya 12th for cryptocurrency ownership out of 27 countries surveyed globally. Cryptocurrency ownership in Kenya is however behind countries like Nigeria (21%) and Ghana (17%). Also Read: Nigerian And Kenyan Politicians In Bitcoin Money Laundering Saga….

Kenyan Blockchain Firm Partners NEAR Foundation For Regenerative Financing In Kenya

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Kenya-based blockchain community Sankore has partnered with Swiss nonprofit NEAR Foundation to launch a regional hub that aims to develop talent within the region and build projects that aim to improve the local ecosystem.  Sankore supports projects like Kilimo Shwari,…

UN Mission In Kenya Applauds Local Based Blockchain Initiative For Poverty Reduction.

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The United Nations (UN) mission in Kenya recently praised a local blockchain-based community inclusion currency (CIC) initiative for its part in helping to reduce poverty in one of the country’s poor informal settlements. The mission’s sentiments follow a tour of…

Central Bank of Kenya Plans Central Bank Digital Currency

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The Central Bank of Kenya on Thursday released a communication titled a “Discussion Paper on Central Bank Digital Currency” soliciting for public and expert contributions on the Bank’s plan to introduce central bank digital currency CBDC. The public are expected…

Fintech Helps Churches In Kenya To Receive Donations & Offerings.

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A Kenya-based fintech startup that helps churches and non-profit organisations receive donations through multiple payment channels, has secured an undisclosed amount of seed funding for product development and team expansion.  The investment in Jumuisha came from SprintX, a venture studio for early-stage…