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Nigeria’s Central Bank Lifts Key Rate to 18.5% in an Unprecedented Move
/ Markets, Policy

Nigeria’s Central Bank Lifts Key Rate to 18.5% in an Unprecedented Move

Since May 2022, the Central Bank of Nigeria has lifted key rates by 700 bps.

May 24, 2023
Nigeria Approves Policy to Build a Blockchain-Powered Economy

Nigeria Approves Policy to Build a Blockchain-Powered Economy

Nigeria cited a PwC report suggesting that blockchain technology could add $1.76 trillion to the global GDP by 2030.

May 04, 2023
Regulators Approve Tokenized Real-World Assets in Nigeria

Regulators Approve Tokenized Real-World Assets in Nigeria

Nigeria will demand from digital exchanges to go through a year of "regulatory incubation."

May 01, 2023
Why is Bitcoin Trading at $37,899 in Nigeria?

Why is Bitcoin Trading at $37,899 in Nigeria?

Nigeria is going full cashless, creating Bitcoin premium illusion in the process.

January 31, 2023
Bitcoin This Week: Nigeria’s 60% Premium, Best January in 10 Years, Macro Outlook

Bitcoin This Week: Nigeria’s 60% Premium, Best January in 10 Years, Macro Outlook

Bitcoin is up by around 40% over the past month, marking its second-best January in the past ten years.

January 31, 2023