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Category Nigeria

Nigerian Central Bank and SEC Collaborate on Digital Currency Framework

Nigerian Central Bank and SEC Collaborate on Digital Currency Framework

Nigerian Central Bank Governor Olayemi Cardoso announced collaboration with the Securities and Exchange Commission (SEC) of Nigeria to create a sus...
Nigeria Dangote refinery strike briefly knocked out nation’s 16% oil output

Nigeria Dangote refinery strike briefly knocked out nation’s 16% oil output

A brief nationwide strike by Nigeria’s oil workers’ union, PENGASSAN, led to a decrease in the country’s daily oil and gas production.  The strike ...
Study: Bitcoin Dominates Crypto Purchases in Nigeria, South Africa

Study: Bitcoin Dominates Crypto Purchases in Nigeria, South Africa

Sub-Saharan Africa saw a major spike in crypto activity in March, reaching $25 billion in monthly on-chain volume—driven largely by Nigeria’s centr...
Ghana agrees to receive US deportees as regional migration deal expands

Ghana agrees to receive US deportees as regional migration deal expands

Ghana has agreed to accept deportees from the US, joining a list of African nations cooperating with Washington’s strategy of relocating undocument...
Nigerian Anti-Corruption Agency Chair Warns of Crypto Risks and Calls for Stronger Regulation

Nigerian Anti-Corruption Agency Chair Warns of Crypto Risks and Calls for Stronger Regulation

The chairman of Nigerian anti-corruption body has issued a stark warning that Nigeria’s financial system is highly vulnerable to large-scale abuse ...