Nigeria launches eNSC; Lagos puts up digital fight vs malaria
Known as eNSC, the new stablecoin is pegged 1:1 with the naira and the eNaira, but issuer ProsperaVest…
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eNaira
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Middle East, African SMEs register digital payments growth
Mastercard’s latest SME report revealed that in some countries like Nigeria, 99% of SMEs accept digital payments, with…
Nigeria eyes national Nigerium blockchain for data sovereignty
A local university proposed Nigerium to NITDA, with some initial use cases including land registration, certificate verification and…
Stablecoin Market Cap Hits 8-Month Highs Amid CBDC Challenges
[[{„value”:” Stablecoins are experiencing a resurgence reaching their highest market cap levels since April 2022, while CBDCs face…
China’s CBDC recipients sell it quickly; Nigeria plots ways to boost eNaira use
Chinese authorities insist that monitoring is only a concern with large transactions, as the digital yuan can be…
Nigeria’s central bank partners with blockchain firm to spark eNaira adoption
The Central Bank of Nigeria has signed an MoU with Gluwa to integrate the startup’s blockchain-powered credit technology…
Nigeria’s Central Bank Enlists Gluwa Nigeria to Boost eNaira Systems, Adoption
Adoption of the central bank digital currency pales in comparison to the use of cash in the country.…
Stablecoins, enterprise adoption, regulations: Blockchain trends in Nigeria in 2024
Nigeria’s blockchain adoption will continue this year, with enterprise solutions taking center stage as blockchain goes beyond hype…
Nigeria cNGN stablecoin won’t launch in February after all
The African Stablecoin Consortium has clarified that media reports of a February 27 launch are misinterpreted and are…
Nigerian banks to launch naira-pegged stablecoin cNGN in February
The new stablecoin will be overseen by the Africa Stablecoin Consortium, which includes leading commercial banks, the central…