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MMM rides on the wings of belief, greed and a failing economy to flourish in Nigeria despite its negative history and bad publicity as a Ponzi scheme.
The wave of Bitcoin awareness is sweeping across the largest black nation on earth.
Developing markets turning on to Bitcoin are experiencing huge variations in the price of buying a bitcoin - and rumors of ulterior motives are beginning to surface.
Nigeria’s Apex Bank Chief says: “No magic can save The Naira”; citizens run to Bitcoin for economic security.
The growing need for Bitcoin ATMs in Nigeria, India, and Kenya is propelling the growth of the global ATM market, says Technavio’s latest global ATM market report.
Nigerian naira looks to be set to lose more value in the international currency market. Will citizens turn to superior currencies as a safe haven for their wealth?
CoinTelegraph spoke with the founder of Swift eCurrency about various aspects of the virtual currency market in Nigeria.
There has been several policy changes and reversals within the Nigerian financial services sector over a short period of time. Could Bitcoin and the Blockchain have saved the sector?
As it is just a matter of time for the Bitcoin bubble to burst in India so it is a little sooner for the multiplier effect of the burst to spill over to Africa.
CEO of Naira4Dollar, Ejezie Sunday has allegedly had $15,000 worth of Bitcoins stolen from his company’s wallet on blockchain.info.
Bitcoin price as well as the trading volumes are increasing in Nigeria.
Will Bitland's first official ICO initiate a process which would resolve the prevailing global rural real estate conflicts?
A recent hike in oil prices in Nigeria may increase Bitcoin adoption for cross border transactions, safekeeping and investments.
NairaEx, a Nigeria-based Bitcoin exchange has announced the launch of its bitcoin remittance service that will allow Nigerians to send and receive money with zero fees and great exchange rates.
Despite having the market capacity to be a big ground for Bitcoin, coupled with other factors such as a worsening economic situation, Nigeria still lags behind with the top digital currency.
Swiftcurrency.com moves to begin awareness campaign on virtual currencies, with the aim to redeem the industry’s already battered image by Ponzi schemes says Adelola Sokoya.
More effective transaction processes and lower charges encourages Nigerians to seek cross-border employments amidst harsh local economic conditions.
Smart contracts can help avoid human error and prevent fraud in countries like Nigeria.
Inconsistent policies surrounding fiat in Nigeria has caused panic. It seems the perfect opportunity for Bitcoin startups in Africa.
The Nigerian financial services sector has experienced some major technological developments within the last two decades.
Bank of England has described digital currencies as ‘harder money’ than a gold standard; Nigeria’s Central Bank is calling for bitcoin regulation and more top stories for August 20.
The Central Bank of Nigeria has banned the use of Naira denominated ATM cards abroad. Could this mean an explosion for the Bitcoin market in the country?
“Every investor settles in his area of superior confidence and that is the gap between the Nigerian investor and Cryptocurrencies,” Ekene Isiuwe.
Central Bank of Nigeria prohibits the acceptance of foreign currency cash deposits by Deposit Money Banks.
Slow acceptance of Bitcoin and Cryptocurrencies in Sub-Saharan Africa
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