Tag: Nigeria
Interest in Cryptocurrencies is Increasing in Nigeria Struggling with Inflation!
Interest in crypto is increasing in the African continent, which has lower incomes compared to the rest of the world. US-based cryptocurrency researcher Chainalytic shared a report on the largest…
Nigeria – So steht es um die größte Volkswirtschaft Afrikas
Ölindustrie in Nigeria Im Außenhandel ist das westafrikanische Land von dem Rohstoff abhängig. (Foto: dpa) Düsseldorf Nigeria steht nicht nur auf Platz 6 der bevölkerungsreichsten Länder der Erde. Das Land ist…
Wie der Niger in einen Krieg rutscht
Kundgebung der Putschisten in Niger Am Wochenende war ein Ultimatum der Ecowas an die seit einem Staatsstreich Ende Juli in Niger regierende Militärjunta ausgelaufen. (Foto: Reuters) Niamey Seit dem Putsch im…
Government Approval from Nigeria to Official Blockchain Use
Nigeria, Africa’s most populous country, has approved its national blockchain policy as part of the country’s efforts to transition to a digital economy. Nigeria Ministry of Communications and Digital Economy…
Disappointment: Has the turning point failed?
Good morning dear readers, It is exactly one year ago today that Federal Chancellor Olaf Scholz (SPD) gave a historic speech in which he outlined Germany’s response to the Russian…
How Peter Obi stirred up Nigerian politics
Peter Obi The Labor Party candidate. (Photo: AP) Cape Town On no other continent are the heads of state as old on average as in Africa – and the electorate…
Nigeria faces a difficult choice
Cape Town Long queues and queues of cars are routine in Nigeria. But before the parliamentary and presidential elections on Saturday, the West African oil state is not only suffering…
Central Bank of Nigeria Seeks US Support for CDBC Studies
It has been claimed that the Central Bank of Nigeria (CBN) is in talks with a US company for the country’s digital central bank currency (CBDC), eNaira. According to sources…
Western oil companies are turning their backs on Nigeria
Woman in the Delta Valley An important reason for the increase in poverty in Nigeria: the income from the oil business has been misused for decades to subsidize petrol and…
Nigeria Based Crypto Exchange Licensed In Europe!
Nigeria-based cryptocurrency exchange roqqu, after two years of struggle, obtained the digital currency license to operate in the European Economic Area. Thus, Roqqu will have the opportunity to expand to…
End Bitcoin and Cryptocurrency Ban from Nigeria: Preparing for Legal Recognition!
Nigeria, Africa’s most densely populated country, is preparing to pass a new bill that would legally recognize it by ending the ban on Bitcoin (BTC) and other cryptocurrencies. According to…
Nigeria Negotiates With This Cryptocurrency Exchange: They Will Build Crypto City!
The Nigerian Export Processing Zones Authority (NEPZA) is on plans to create a virtual free zone focused on blockchain and the digital economy, in a press release on Saturday. cryptocurrency…
Binance Partnership from Nigeria: “Digital Economy Space” Will Be Created
Nigeria, the most densely populated country in Africa, announced that they will work in partnership with Binance to create a digital economy space. According to the statement made by the…
Nigeria Announces First Results of Using Digital Currency: How Many Transactions with CBDC?
Nigeria’s central bank digital currency (CBDC) eNaira has been used to process 4 billion naira ($9.3 million) worth of transactions since its launch last October, according to the country’s central…
Europe is asking for liquid gas – and in Pakistan the power is out
protester in Bangladesh The country is experiencing a power crisis. (Photo: IMAGO/ZUMA Wire) Bangkok, Mexico City, Cape Town Europe is struggling to find alternatives to Russian gas – and the…
Europe is asking for liquid gas – and in Pakistan the power is out
Bangkok, Mexico City, Cape Town Europe is struggling to find alternatives to Russian gas – and the lights are going out in emerging countries. In Bangladesh, in the middle of…
Energy from Nigeria: Trans-Saharan Pipeline could help Europe
Workers on a Shell offshore platform Nigeria could massively increase its gas exports to Europe. But the conditions for this still have to be created. (Photo: AP) Lagos Diplomatic efforts…
Penalty Rain from the Central Bank of Nigeria to the Banks!
Nigeria, which ranks first in the world in the use of crypto money, has recently banned the use of crypto money on the grounds of money laundering and terrorism. By…
Central Bank of Nigeria (CBN) Fines Four Banks Allowing Crypto Transactions
The Central Bank of Nigeria (CBN) has fined four Nigerian commercial banks totaling 814.3 million Nigerian nairas (approximately $2 million) for allowing crypto transactions. Bloomberg‘of 6th of April According to…
Digital Money Warning from IMF to Nigeria Banning Cryptocurrencies!
Saying that a central bank digital currency (CBDC) is safer than cryptocurrencies, the International Monetary Fund (IMF) has warned Nigeria, which has launched its own CBDC, eNaira. Recognizing the potential…