Naira

Nigeria Moves to Ban P2P Naira Crypto Trading
Nigeria Moves to Ban P2P Naira Crypto Trading
May 07, 2024  |  Cryptocurrency

Nigeria is reportedly stepping up its cryptocurrency crackdown with a proposed ban on peer-to-peer trading. Get the Full Story Complete the form to unlock this...

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Nigerian ATMs Run Dry Ahead of Currency Switchover
Nigerian ATMs Run Dry Ahead of Currency Switchover
February 05, 2023  |  Cash

Nigeria’s switchover to new paper currency has grown more chaotic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Nigeria Faces Shortages in Transition to New Paper Bills
Nigeria Faces Shortages in Transition to New Paper Bills
February 03, 2023  |  International

Nigeria is having a tough time switching over to some new paper currency. Get the Full Story Complete the form to unlock this article and...

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Nigeria’s Cash Crackdown Stands in Contrast to EU’s Pro-Cash Agenda
Nigeria’s Cash Crackdown Stands in Contrast to EU’s Pro-Cash Agenda
January 08, 2023  |  Cash

The Central Bank of Nigeria (CBN) is taking a tough stance on the cash economy. Get the Full Story Complete the form to unlock this...

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Nigeria Continues Crackdown on Cash Economy
Nigeria Continues Crackdown on Cash Economy
January 05, 2023  |  Cash

Nigeria will ban cash withdrawals from government accounts from March 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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AWS Sets Up Shop in Nigeria as Startups, Developers Battle Against FX Crisis
AWS Sets Up Shop in Nigeria as Startups, Developers Battle Against FX Crisis
November 04, 2022  |  Amazon

In a boost for Nigeria’s digital economy, Amazon Web Services (AWS), a subsidiary of Amazon, recently announced the opening of a new office in Lagos,...

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Cash Still King in Nigeria Despite Digital Drive
Cash Still King in Nigeria Despite Digital Drive
December 06, 2021  |  Cash

Despite the drive for digital payments in Nigeria, cash is still king, with circulation hitting record numbers in October against a backdrop of officials pushing...

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Nigeria Considers Currency Exchange Reforms
Nigeria Considers Currency Exchange Reforms
November 22, 2016  |  International

The Nigerian Law Reform Commission (NLRC) is considering amendments to its foreign currency exchange laws in an attempt to stave off the worsening economic crisis in...

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