Nigeria targets 95% financial inclusion, expands digital ID
Nigeria aims to achieve 95% financial inclusion through improved digital payment channels and a national digital ID system,…
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Nigeria
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Nigeria’s central bank opens regulatory sandbox for digital assets
Nigeria’s CBN launches its Regulatory Sandbox Programme, supporting innovation in digital assets and financial services while ensuring consumer…
Nigeria boosts digital ID rules as Namibia sets e-ID launch
Nigeria improves security with a new digital ID framework, while Namibia plans to launch its innovative e-ID in…
Nigeria’s blockchain ambition loses ground to crypto
Nigeria’s stalled National Blockchain Policy risks slowing innovation as the government prioritizes crypto regulation over broader blockchain adoption.…
Nigerian President Tinubu Signs Executive Order to Regulate Country’s Crypto Sector
Nigerian President Bola Tinubu has signed an executive order on virtual assets to address a fragmented regulatory landscape…
Nigeria, Rwanda Join Forces on Crypto Regulation to Counter Fraud
Rwanda and Nigeria have signed a cooperation agreement between their respective financial regulatory bodies to deepen collaboration across…
UK eases stablecoin cash deposits; US wants to ID stablecoin customers
Stablecoin regulation gains momentum in the United Kingdom, the United States, and Canada, while the IMF cautions Nigeria…
Nigeria mandates local data storage amid privacy crisis
Starting January 1, 2027, Nigeria will require banks and fintech companies to store payment transaction data locally, bolstering…
Africa’s crypto crackdown is really a remittance revolution
Africa has never been friendly to crypto. Despite incredible adoption numbers on the continent, African governments have met…
IMF Warns Nigeria’s Stablecoin Boom Could Weaken Local Currency Demand
The IMF reports that Nigeria captured 60% of all stablecoin traffic in sub-Saharan Africa as users seek alternatives…