Eyeing African Market, Binance Adds Nigerian Fiat-to-Crypto Gateway

Binance has added a fiat-to-crypto gateway for Nigeria’s Niara (NGN), the company said. Facilitated by payments network Flutterwave, the addition…

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Users of Nigeria-Based Crypto Wallet Lose $1M in Alleged Exit Scam

Nigerian crypto wallet Satowallet has allegedly pulled off a $1 million exit scam, while the firm cites an unexplained OVH…

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Nigerian Crypto Educator Returns $80K in Bitcoin Received by Mistake

Keith Mali Chung — the co-founder and president of African blockchain firm Loopblock Network — has returned almost $80,000 worth…

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Nigeria and Kenya, Part One

Blockchain adoption in Africa is on the rise. From transportation to the gaming and lottery industries, reports of companies utilizing…

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Nigerian Deposit Insurance Corporation Warns Against Crypto Dependency

The Nigeria Deposit Insurance Corporation (NDIC), a federal insurance overseer and safety net provider, has issued a public warning about…

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Prominent Nigerian Politician Calls for Legal Framework for Cryptocurrencies

Femi Gbajabiamila, the speaker of the Nigerian House of Representatives, has called for a substantive legal framework for cryptocurrencies in…

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