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3232Nearly 500,000 Nigerian CBDC Wallets Downloaded Since Launch
https://www.digit.info/nearly-500000-nigerian-cbdc-wallets-downloaded-since-launch/
Wed, 17 Nov 2021 13:30:39 +0000https://www.digit.info/2021/11/17/nearly-500000-nigerian-cbdc-wallets-downloaded-since-launch/Read more]]>Nearly half a million e-naira wallets have been downloaded a few weeks after the central bank digital currency (CBDC) was officially launched by Nigerian President Muhammadu Buhari, the central bank has said. E-Naira’s Initial Trade Volumes In addition to the 488,000 wallets that have been downloaded, Osita Nwanisobi, who is the Central Bank of Nigeria […]
]]>Using a Crypto Loan App to Bring Financial Services to Excluded Groups in Africa
https://www.digit.info/using-a-crypto-loan-app-to-bring-financial-services-to-excluded-groups-in-africa/
Mon, 09 Aug 2021 10:17:32 +0000https://www.digit.info/2021/08/09/using-a-crypto-loan-app-to-bring-financial-services-to-excluded-groups-in-africa/Read more]]>In much of Africa, many people still lack access to basic financial services for many reasons. One of the reasons is that financial institutions have set standards or thresholds that make it impossible for low-income earners to even open a bank account. Access to soft loans or other forms of financing is even more cumbersome […]
]]>Nigerian Learning Institution Says It Now Accepts Crypto as Payment for School Fees
https://www.digit.info/nigerian-learning-institution-says-it-now-accepts-crypto-as-payment-for-school-fees/
Tue, 29 Jun 2021 11:00:47 +0000https://www.digit.info/2021/06/29/nigerian-learning-institution-says-it-now-accepts-crypto-as-payment-for-school-fees/Read more]]>A learning institution in Nigeria’s Kano state, the New Oxford Science Academy, recently announced it will be accepting cryptocurrency as payment for school fees. According to the school’s proprietor, Sabi’u Musa Haruna, the institution arrived at this decision after consulting parents and guardians of the students. Move Consistent With Global Trends As reported by the […]
Nearly half a million e-naira wallets have been downloaded a few weeks after the central bank digital currency (CBDC) was officially launched by Nigerian President Muhammadu Buhari, the central bank has said. E-Naira’s Initial Trade Volumes In addition to the 488,000 wallets that have been downloaded, Osita Nwanisobi, who is the Central Bank of Nigeria […]
In much of Africa, many people still lack access to basic financial services for many reasons. One of the reasons is that financial institutions have set standards or thresholds that make it impossible for low-income earners to even open a bank account. Access to soft loans or other forms of financing is even more cumbersome […]
A learning institution in Nigeria’s Kano state, the New Oxford Science Academy, recently announced it will be accepting cryptocurrency as payment for school fees. According to the school’s proprietor, Sabi’u Musa Haruna, the institution arrived at this decision after consulting parents and guardians of the students. Move Consistent With Global Trends As reported by the […]