Nigeria

Nigeria's government recently approved a national blockchain policy as part of the country's effort to transition to a digital economy. Nestcoin CEO and co-founder Yele Bademosi discusses the state of crypto in Nigeria and the outlook for the e-Naira central bank digital currency (CBDC). Plus, insights into how Nestcoin has managed to reemerge from the fallout of FTX's collapse with its new product Onboard.

May 31, 2023

Nigeria's government approved a national blockchain policy on Wednesday as part of the country's effort to transition to a digital economy. The policy announcement makes no mention of crypto, which the government cracked down on in 2021. "The Hash" panel discusses the outlook for Nigeria's blockchain-powered economy.

May 4, 2023

Policy

Ang anunsyo ng Policy ay hindi binanggit ang Crypto, na sinira ng gobyerno noong 2021.

By Sandali HandagamaMay 4, 2023

Nigerians have been turning to the country's central bank digital currency (CBDC) eNaira, amid cash shortages, according to Bloomberg. The number of eNaira wallets has jumped more than 12-fold to 13 million since October, and the value of transactions has climbed 63% this year. The CBDC was introduced in October 2021. "The Hash" panel discusses the eNaira experiment and crypto's use case as an alternative to economic uncertainty.

Mar 22, 2023

As part of International Women's Day, WomenInDeFi Brand Strategist Umeh Chinonye discusses how blockchain and Web3 technology are bringing more opportunities to women, particularly in Nigeria. "Blockchain give voices to the unseen," Chinonye said.

Mar 8, 2023

As part of International Women's Day, WomenInDeFi Brand Strategist Umeh Chinonye, along with MenaPay CEO and co-founder Çağla Gül Şenkardeş, join "First Mover" to discuss how women in crypto are fighting for the underrepresented in the space from Nigeria to Turkey.

Mar 8, 2023

By Adrian Blust, Adam B. LevineMar 5, 2023

Reuters reports that candidate Bola Tinubu is currently in the lead for Nigeria's presidential election, but opposition parties are flagging concerns of fraud. This comes as the New York Times reports that fights have broken out at banks in the past week as the country faces cash shortages. Afropolitan Co-founder Eche Emole discusses the state of economic uncertainty in Nigeria, how the election could impact bitcoin adoption and the use cases of crypto as a tool for financial freedom. 

Feb 27, 2023

Nigeria is struggling with severe cash shortages, with riots erupting across the country just days before a presidential election. Still, people are not turning to the national digital currency, the eNaira, which promised to improve retail payments. "The Hash" panel discusses the case for crypto adoption and CBDCs in Nigeria amid economic uncertainty in the country. 

Feb 24, 2023

Policy

Nais ng sentral na bangko ang ganap na kontrol sa eNaira, at nasa maagang pakikipag-usap sa blockchain platform R3 upang bumuo ng isang bagong sistema upang suportahan ang digital currency, ayon sa ulat.

By Sandali HandagamaFeb 21, 2023