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Blockchain cryptocurrencies Government Nigeria

Prominent Nigerian Politician Calls for Legal Framework for Cryptocurrencies

A prominent Nigerian politician has called for a formal legal framework for cryptocurrencies and blockchain technology so the country is not left behind. Femi Gbajabiamila, the speaker of the Nigerian House of Representatives, has called for a substantive legal framework for cryptocurrencies in the country.According to a report by Nigerian news daily Daily Post on […]

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Adoption altcoin Nigeria Payments

Young Africa Looks to Crypto for Payment

Lagos has an interest in crypto, but adoption is slow, with many only considering Bitcoin as an alternative means of receiving foreign payments. Data from Google Trends shows that Lagos, Nigeria ranks as the number one city based on the volume of online searches for Bitcoin (BTC). While this data may indicate a high level […]

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Bitcoin Regulation Elections Government Nigeria Politics

Blockchain Could ‘Speed up the Economy,’ Says Nigerian Presidential Candidate

The presidential candidate of Nigeria’s leading opposition party promises to regulate cryptocurrency if he wins the elections in February. The presidential candidate of Nigeria’s leading opposition party has promised to support blockchain and cryptocurrency, local news outlet the DailyPost article reported Nov. 24. The Nigerian news outlet reportedly analyzed the Peoples Democratic Party (PDP) candidate […]