Nigeria’s new crypto tax policies may not drive the revenue it needs
Nigeria’s upcoming cryptocurrency tax may be a strategic response to economic pressures. Will this initiative enhance revenue ...
Mises Institute8d
CBDC: The Impacts on Freedom, Privacy, and Economic Development
The implementation of Central Bank Digital Currencies isn‘t just about money. It also is about personal freedom and how CBDCs ...
Leadership13d
Danny Oyekan: How Blockchain Can Transform Africa’s Economy And Governance
Picture a bustling marketplace in Lagos. Traders shout out their prices, customers haggle, and transactions happen in cash.
Analytics Insight14d
Central Bank Digital Currencies (CBDCs): A New Era of Digital Money
Introduction Digital currencies started bringing sweeping reforms to the financial market, with CBDCs also being a leading ...
businessday21d
cNGN: Nigeria’s first regulated stablecoin explained, a new digital naira?
Unlike the eNaira, which is directly controlled by the Central Bank of Nigeria (CBN), cNGN is privately issued by a consortium of Nigerian banks and fintech companies, following regulatory guidelines.
Crypto Briefing24d
LIBRA scandal brings Nigerian meme coin plans to light
In October of that year, Nigeria launched eNaira, the first African CBDC. As of March 2024, the Central Bank teamed up with Gluwa to drive the adoption of the eNaira using blockchain technology for ...
businessday24d
Ten things to know about cNGN, Nigeria’s stablecoin
It is privately managed cNGN is a privately managed stablecoin that operates within a decentralised financial framework while adhering to regulatory standards, unlike the eNaira which is issued and ...