Tag: Nigeria

  • nigeria

    Nigerians Continue to Turn to BTC, Financial Institutions Won’t Help

    In Nigeria — where cryptocurrencies often underpin local economies — Bitcoin remains as popular as ever, despite a few shaky weeks elsewhere. Nigeria is West Africa’s largest economy, and has the world’s third-largest Bitcoin holdings as a percentage of gross domestic product (GDP), behind Russia and New Zealand, according to...

    Thomas Delahunty | February 8, 2018 | 1:30 am
  • Central Bank of Nigeria Bitcoin

    Majority of Nigerians Have Faith in Bitcoin: Survey

    Bitcoin is rightly deemed as the “Digital Gold”. The cryptocurrency, introduced to the world in 2009 has all the properties of gold, except for the weight and these features aren’t lost on the Nigerian cryptocurrency community. Bitcoin has a huge presence in African nations, and Nigeria is one...

    Gautham | April 9, 2017 | 7:30 pm
  • Central Bank of Nigeria Bitcoin

    Weekly Bitcoin Volume Cross $1 Million Nigeria,Raises Speculation

    The demand for Bitcoin has surged skywards in the African nation of Nigeria. The country’s weekly Bitcoin exchange volumes since mid-December 2016 have increased to more than NGN 400 million, which is close to $1.3 million. The increasing demand for cryptocurrency in Nigeria was reported by a leading African...

    Gautham | January 30, 2017 | 9:30 pm
  • NewsBTC_Bitcoin Nigeria Business

    Nigeria Will Lead Bitcoin Adoption in Africa Soon

    Bitcoin adoption in Africa was being spearheaded by South Africa, Kenya, and Ghana, until recently. In fact, the year 2016 witnessed the upward improvement of Bitcoin penetration in the Federal Republic of Nigeria in an encouraging dimension. In October 2016, a Nigerian based Exchange BitX announced that their...

    Frisco d'Anconia | January 15, 2017 | 11:30 pm
  • NewsBTC_Bitcoin Nigeria Business

    Bitcoin Popularity Continues To Soar In Nigeria

    Bitcoin remains a popular cryptocurrency, despite its value dropping like a brick over the past 48 hours. In Nigeria, Bitcoin continues to be embraced by consumers and enterprises. Most people still see it as an investment vehicle, but it also a valuable tool to bypass expensive remittance solutions....

    JP Buntinx | January 7, 2017 | 9:30 pm
  • Nigeria Bitcoin Price

    Bitcoin Price Surpasses US$1,250 Nigeria Amid Surging Naira Value

    Bitcoin prices can vary significantly from country to country. Specific regions are subject to paying premium prices, with China being a great example. But Nigeria is warming up to Bitcoin as well, sending prices soaring to unseen levels. Just yesterday, the price per BTC touched US$1,251.18 across Nigerian...

    JP Buntinx | November 22, 2016 | 2:20 pm
  • NewsBTC_Nigeria Economy Bitcoin

    Nigeria Gives a Thumbs Up to Remittances; Could Bitcoin Help?

    The Central Bank of Nigeria is saying “yes” to foreign remittances. In an attempt to build the country’s international finance portfolio, the CBN is amending the Foreign Exchange Manual to allow non-native currencies and remittances to enter its money market. The document now reads: “A resident/non-resident Nigerian national...

    Guest Author | September 29, 2016 | 8:59 am
  • Bitcoin Remittance Nigeria

    Bitcoin Remittance Chances For Nigeria Are Slim To None

    Money transfer services are prone to disruption by new technologies. Many people feel Bitcoin, and other cryptocurrencies are a legitimate threat to remittance services. But in Nigeria, MoneyGram will continue its operations, as they are officially recognised as a trusted money transfer provider. This news comes on the...

    JP Buntinx | August 18, 2016 | 2:00 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.


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