Tag: Cryptocurrency
I was asked by some Nigerian officials to pay bribe in crypto for ‘issues to go away’ – Binance CEO
Richard Teng, Binance’s chief executive officer says some unknown persons in Nigeria demanded huge payments in digital currency to make their problems [...]
Binance speaks on detained executive escaping from custody in Nigeria
Crypto exchange platform, Binance has disclosed that it was informed that one of its executive, Nadeem Anjarwallawho was detained in Nigeria for tax e [...]
Binance executive detained in Nigeria for tax evasion escapes from lawful custody
Nadeem Anjarwalla, one of the two Binance executives detained in Nigeria for tax evasion and other offences, has escaped from lawful custody.
Sourc [...]
CBN to launch digital currency on Independence Day
The Central Bank of Nigeria (CBN) has announced that it will be announcing its own digital currency on October 1, 2021.
A few months ago, CBN Gover [...]
Tanzania set to adopt cryptocurrency as legal tender
With the wide spread adoption of cryptocurrency by corporate entities and governments, the Central Bank of Tanzania is preparing to adopt it as a digi [...]
Innoson Motors to accept Nigeria’s Zugacoin for auto purchase
Holders of Zugacoin, a cryptocurrency created by Nigerian Archbishop, Sam Zuga, can now use it to buy anything Innoson Group sells and those items inc [...]
CBN declares trading in cryptocurrency illegal, orders banks to close accounts
The Central Bank of Nigeria has ordered banks and other financial institutions to identify persons and entities operating cryptocu [...]
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