Sat, May 10

LBank Crypto Exchange Holds “Abuja Blockchain Konnect 2022” in Nigeria

LBank has conducted another blockchain training event in Nigeria in partnership with Litedex Protocol. As part of its efforts to drive development and adoption of blockchain technology in Nigeria, LBank, the top crypto exchange, recently organised “Abuja Blockchain Konnect 2022.”  LBank believes that blockchain is a hot topic and sees

May 5, 2022 3 mins read

35% of Nigerians Have Used Bitcoin or Crypto in the Last 6 Months

The inclusion of social sentiment data considerably influenced the indicator’s value. Nigeria’s decision to develop its own digital currency surprised many. eNaira was introduced by Nigeria’s central bank in October after the country prohibited the banking trade of cryptocurrencies in February last year. Compared to other countries, Nigeria was the

April 12, 2022 2 mins read

CBN Ready to Launch CBDC eNaira Despite its Previous Failure

BN is ready to launch eNaira despite its previous failure. CBN has released a document in which it repeats its commitments  CBN mentions eNaira will be available to offline users. Nigeria Central Bank planned to launch its CBDC eNaira on October 1st. But unfortunately, the mission was failed. But now,

October 23, 2021 2 mins read

Nigeria Continuously Acquiring Crypto Despite Govt Crackdown

Nigeria continuously acquiring crypto despite govt crackdown After a big public protest, Nigeria faced serious pressure. At present Nigeria exploring the development of CBDC. African country Nigeria, continuously acquiring cryptocurrency, even though government crackdown with peer-to-peer (P2P) trade volume for Bitcoin (BTC) posting its second strongest week on record last

August 2, 2021 2 mins read

CBN Announces the Launch of Central Bank Digital Currency

CBN announces the Launch of Central Bank Digital Currency  Nigeria is one of the countries still resisting the crypto revolution. CBDC referred to as the pilot program “GIANT”. Central Bank of Nigeria (CBN) on Thursday revealed its launch of highly awaited digital currency. During a private webinar, CBN Director, IT

July 24, 2021 2 mins read