Tag: Nigerian

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Nigerian Banks Demand Tax Clearance Certificate On FX Transactions

Nigerian Banks Demand Tax Clearance Certificate On FX Transactions

The federal and state governments have mandated commercial banks as well as Ministries, Departments and Agencies of Governm [...]
Forex shortage tips FrieslandCampina Nigerian unit into record quarterly loss

Forex shortage tips FrieslandCampina Nigerian unit into record quarterly loss

The local subsidiary of Netherlands-based dairy maker Royal FrieslandCampina NV incurred a record net loss of N10.3 billion for the first qua [...]
Nigerian national blockchain policy gets government approval

Nigerian national blockchain policy gets government approval

Nigeria, known to be one of the world’s most curious nations about cryptocurrencies like Bitcoin (BTC), has approved the National Blockchain Policy fo [...]
Nigerian crypto payment startup shuts down, offers IP for sale

Nigerian crypto payment startup shuts down, offers IP for sale

Nigerian crypto and Web3 company Lazerpay announced on April 13 that it is shutting down its operations.According to the statement released on Twitter [...]
Nigerian crypto foreign investment is at a record low: Study

Nigerian crypto foreign investment is at a record low: Study

The largest economy in Africa has a foreign investment problem despite the exponential growth in crypto adoption.The National Bureau of Statistics (NB [...]
Nigerian crypto investors question central bank’s decision to flag p2p users

Nigerian crypto investors question central bank’s decision to flag p2p users

Nigerian crypto investors using peer-to-peer (P2P) services have expressed concerns about the Central Bank of Nigeria (CBN) flagging their bank accoun [...]
Nigerian president-elect aims to use blockchain technology in the banking sector

Nigerian president-elect aims to use blockchain technology in the banking sector

Nigerian President-elect Bola Tinubu has recently released a manifesto that, if enacted, would enable the use of blockchain technology and cryptocurre [...]
President’s directive canned by Nigerian supreme court

President’s directive canned by Nigerian supreme court

The supreme court of Nigeria has ruled that the old N200, N500, and N1,000 naira notes remain in circulation till Dec. 31, 2023, effectively nullifyin [...]
Russia boosts forex reserves – Nigerian Observer

Russia boosts forex reserves – Nigerian Observer

The country’s holdings are approaching $600 billion, according to the central bank Russian foreign exchange reserves surged by $3.1 billion last week [...]
Nigerian crypto exchange Roqqu receives European virtual currency license

Nigerian crypto exchange Roqqu receives European virtual currency license

Nigerian crypto exchange Roqqu was granted a virtual currency license for the European Economic Area, after two years waiting for the permission from [...]
Nigerian innovator launches first active Bitcoin Lightning node in the country

Nigerian innovator launches first active Bitcoin Lightning node in the country

A Bitcoin Lightning Network node (BTC) has struck the earth in one of the most challenging operating environments. Lagos, the capital of Africa’s most [...]
FX Reserves Dries Up, From 3bn To Zero Emefiele – The Nigerian Voice

FX Reserves Dries Up, From 3bn To Zero Emefiele – The Nigerian Voice

FX Reserves Dries Up, From 3bn To Zero Emefiele  The Nigerian Voice news.google.com [...]
FX Reserves Dries Up, From 3bn To Zero Emefiele – The Nigerian Voice

FX Reserves Dries Up, From 3bn To Zero Emefiele – The Nigerian Voice

FX Reserves Dries Up, From 3bn To Zero Emefiele  The Nigerian Voice news.google.com [...]
Access to forex major challenge to marketers – DAPPMAN – Nigerian Observer

Access to forex major challenge to marketers – DAPPMAN – Nigerian Observer

The Depots, and Petroleum Products Marketers Association of Nigeria (DAPPMAN), says accessing foreign exchange at official rate is a serious challenge [...]
Poll Leader in Nigerian Presidential Race Pledges Forex Reforms – Bloomberg

Poll Leader in Nigerian Presidential Race Pledges Forex Reforms – Bloomberg

Poll Leader in Nigerian Presidential Race Pledges Forex Reforms  Bloomberg www.bloomberg.com [...]
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