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NIGERIAN NEWS

Binance Excludes Nigerian Naira from P2P Feature Amid Concerns Over CBN Clampdown

On Wednesday, the cryptocurrency trading giant Binance made a significant move by excluding the Nigerian Naira from its peer-to-peer (P2P) trading platform. This decision has sparked concerns among Nigerian users...
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Nigerian Central Bank Governor Reveals $26 Billion Flow Through Binance

In a recent report, Olayemi Cardoso, Governor of the Central Bank of Nigeria, revealed staggering figures indicating that over $26 billion has been channeled through the popular cryptocurrency platform, Binance,...
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Nathaniel Luz Comments on Nigerian Authorities’ Crackdown on Crypto Traders and OTC Exchanges Amid Naira Depreciation

In the midst of Nigeria’s government crackdown on crypto OTC traders, Nathaniel Luz, CEO of Flincap, has expressed strong opposition to the move, attributing the falling value of the naira...
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Binance Implements Price Cap on USDT Trading in Nigeria Amid Regulatory Pressure

In response to regulatory pressure from Nigerian authorities, Binance, one of the world’s leading cryptocurrency exchanges, has enforced a limit on the selling price of Tether (USDT) tokens on its...
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CoinNewsExtra Chronicles Nigeria’s Blockchain and Fintech Evolution in Groundbreaking Documentary Series

CoinNewsExtra, a pioneering media outlet in Nigeria’s emerging tech landscape, announces an ambitious endeavor to encapsulate Nigeria’s remarkable journey in Blockchain and Fintech through a captivating documentary series. In recent...
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Central Bank of Nigeria Reverses Ban on Crypto Transactions, Introduces New Guidelines

In a remarkable policy shift, the Central Bank of Nigeria (CBN) has overturned its previous ban on crypto transactions within the country. This significant change came through a circular dated...
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Nigeria’s NYSC Embraces Blockchain for Secure and Verifiable Certificate Issuance

(image credits: Wikipedia) Last week, the director-general of NITDA, stood at the podium during the policy dialogue on the implementation of the national blockchain in Lagos state. According to reports,...
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Nigerian SEC Cracks Down on Binance: Warns Investors Against Unlicensed Crypto Operations

(Image credits:Vanguardnews) In a recent development, the Nigerian Securities and Exchange Commission (SEC) has cautioned local investors against using Binance, one of the world’s largest crypto exchanges. The SEC’s warning,...
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Nigeria Fintech Week Gears Up to Host 15,000 Global Executives

The highly anticipated Nigeria Fintech Week (NFW) is preparing to welcome an impressive gathering of 15,000 financial and fintech executives from around the world, according to the Fintech Association of...
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United States Authorities to Sell Seized Bitcoins from Internet Fraudster Olalekan Jacob Ponle

Gazettengr, reportsĀ  that United States authorities have announced plans to sell 152 bitcoins that were seized from internet fraudster Olalekan Jacob Ponle, also known as Mr. Woodberry. This decision comes...
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