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Nigeria News

Nigeria is seventh most populous country, and most populous in Africa. Nigeria also has the largest economy in Africa, with more than $500 billion of nominal gross domestic product. The Word Bank considers Nigeria to be an emerging market and is widely seen as a perspective economy. Still, it ranks 152nd in the Human Development Index and has a large variety of problems regarding the lack of education, organized crime and human rights. Bitcoin is legal in Nigeria, but the Nigerian SEC, or Securities and Exchange Commission, warned citizens about cryptocurrency investments being risky and sometimes even fraudulent. However, the Nigeria Deposit Insurance Corporation and the Central Bank of Nigeria have plans to adopt cryptocurrency technology and have several sub-committees working on implementing blockchain into governmental insurance and financial services.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

As Africa-related ICOs are booming, SuperDAO touches on why they could be important to one of the continent’s largest markets

Ethereum and ICOs Crucial to Nigerian Economy

Olusegun Ogundeji

2017-08-11T18:28:04+01:00

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Nigeria is poised to become a leader in Blockchain, as government invites collaboration with businesses and investors.

Nigeria’s Apex Bank and Stakeholders Collaborate to Enhance Blockchain Awareness and Implementation

2017-08-09T18:10:00+01:00

8137

The peculiarity of the African continent qualifies it as a viable hub for Blockchain solutions.

Africa Can Catch-up by Implementing Blockchain

2017-08-02T14:50:00+01:00

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Bitcoin growth continues in Africa’s big cryptocurrency players, but there are also baby steps in Tanzania.

It is Baby Steps But Bitcoin is Taking Root in Africa

2017-07-24T16:40:00+01:00

13069

Can accepting and promoting the use of Bitcoin as the only means of payment make a difference in Nigeria’s e-commerce industry?

Overstock Inspires Nigerian Bitcoin-Only e-Commerce Site

Olusegun Ogundeji

2017-07-19T16:40:00+01:00

15312

Disruptive technologies achieve mainstream adoption when they become reasonably interactive with existing conventions.

Bitcoin Stability Depends on Level of Interaction with Conventional Systems

2017-07-05T15:40:00+01:00

12829

Will the increase in adoption in Russia, North Korea and Nigeria help drive up the demand for bitcoins and sustain its current price?

Bitcoin Price Crash: Reasons Why It Shouldn't Scare You

Anthony Coggine

2017-06-03T14:55:00+01:00

42357

Andreas Antonopoulos and other experts have denied having any connection with the advertisement of a Blockchain conference in Lagos, Nigeria on 14 and 15 August...

Scam Alert: Fake Blockchain Conference Angers Bitcoin Community

2017-04-24T18:15:00+01:00

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