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India Tops Chainalysis’ Global Crypto Adoption Index for Second Consecutive Year
Chainalysis released its ‘2024 Global Crypto Adoption Index’ this week, with India ranking first among 151 nations. India leads in overall crypto adoption, centralized service value, and retail centralised service value.
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What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...
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Central Bank Digital Currency Momentum Shows Growth, Study Shows
The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...
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Nigerian Ex-President Muhammadu Buhari's Sign Forged To Steal $6 Million From Central Bank
Nigeria is seeking the International Criminal Police Organisation's (Interpol) help to arrest three suspects who allegedly stole $6.2 million from the central bank, using the forged signature of of former President Muhammadu Buhari.
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160 Killed In Series Of Attacks In Central Nigeria
Armed groups have killed at least 160 people in central Nigeria in a series of attacks on villages, local government officials said on Monday.
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26 Nigeria Troops Killed In Ambush, Rescue Helicopter Crashes: Military
At least 26 members of the Nigerian security forces were killed and eight wounded in an ambush by gunmen in central Nigeria late Sunday, two military sources told AFP.
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Indians More Familiar with Metaverse Compared to Web3, NFTs: Report
Out of over a thousand surveyed participants from India, 53 percent are familiar to metaverse, a study by Consensys and YouGov said on Wednesday, June 28. Over 1,000 people were surveyed from India, out of which 41 percent said they had some knowledge about Web3, while 42 percent said they were aware about what NFTs are.
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Over 100 Dead After Boat Carrying Wedding Guests Capsizes In Nigeria
More than 100 people have drowned in north central Nigeria after a boat carrying families returning from a wedding sank in a river, police and local authorities said on Tuesday.
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Turkey Joins China, India in Marking CBDC Milestones on Wider Scale Before 2022 Wraps Up
The Central Bank of the Republic of Turkey (CBRT), that started its CBDC trials earlier this year, has completed its first phase before the end of year 2022. Turkey’s CBDC is named the Digital Turkish Lira. The nation plans to continue the studies on the economic and legal framework around CBDCs next year.
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Nigeria May Allow Flight Bookings, Cable and Electricity Payments With eNaira CBDC
The Central Bank of Nigeria (CBN) is reportedly looking to allow people to use the eNaira for day-to-day payments. Nigeria’s apex bank has partnered with mobile banking firm called Bizi Mobile to facilitate user payments via its CBDC. The CBN official also said that eNaira could help poverty-ridden Nigerians who will get compensations from the go...
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Nigerian Central Bank To Launch Digital Currency Within Days: Godwin Emefiele
The Central Bank of Nigeria (CBN) will launch the eNaira, its digital currency, in a couple of days from now, Governor Godwin Emefiele said on Thursday.
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Amid Crypto Boom, Nigeria, Ghana In Race To Have Own Digital Currency
Central banks in Nigeria and Ghana have partnered with foreign financial tech companies to create digital versions of their currencies, joining the global train of countries exploring the initiative
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Nigeria to Launch Its Own Cryptocurrency 'eNaira' in Partnership With Bitt
Nigeria's Central Bank announced Monday that it will work with Bitt as a technical partner in its bid to launch its own cryptocurrency called the "eNaira".
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136 Children Kidnapped From Islamic School In Nigeria
Gunmen seized 136 children from an Islamic seminary in central Nigeria at the weekend, the state government said, the latest in a string of such incidents plaguing Africa's most populous nation.
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Scores Of Children Kidnapped From Islamic Seminary In Nigeria: Authorities
Gunmen on Sunday kidnapped scores of children from an Islamic seminary in central Nigeria's Niger state, police and residents said.
-
India Tops Chainalysis’ Global Crypto Adoption Index for Second Consecutive Year
Chainalysis released its ‘2024 Global Crypto Adoption Index’ this week, with India ranking first among 151 nations. India leads in overall crypto adoption, centralized service value, and retail centralised service value.
-
What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...
-
Central Bank Digital Currency Momentum Shows Growth, Study Shows
The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...
-
Nigerian Ex-President Muhammadu Buhari's Sign Forged To Steal $6 Million From Central Bank
Nigeria is seeking the International Criminal Police Organisation's (Interpol) help to arrest three suspects who allegedly stole $6.2 million from the central bank, using the forged signature of of former President Muhammadu Buhari.
-
160 Killed In Series Of Attacks In Central Nigeria
Armed groups have killed at least 160 people in central Nigeria in a series of attacks on villages, local government officials said on Monday.
-
26 Nigeria Troops Killed In Ambush, Rescue Helicopter Crashes: Military
At least 26 members of the Nigerian security forces were killed and eight wounded in an ambush by gunmen in central Nigeria late Sunday, two military sources told AFP.
-
Indians More Familiar with Metaverse Compared to Web3, NFTs: Report
Out of over a thousand surveyed participants from India, 53 percent are familiar to metaverse, a study by Consensys and YouGov said on Wednesday, June 28. Over 1,000 people were surveyed from India, out of which 41 percent said they had some knowledge about Web3, while 42 percent said they were aware about what NFTs are.
-
Over 100 Dead After Boat Carrying Wedding Guests Capsizes In Nigeria
More than 100 people have drowned in north central Nigeria after a boat carrying families returning from a wedding sank in a river, police and local authorities said on Tuesday.
-
Turkey Joins China, India in Marking CBDC Milestones on Wider Scale Before 2022 Wraps Up
The Central Bank of the Republic of Turkey (CBRT), that started its CBDC trials earlier this year, has completed its first phase before the end of year 2022. Turkey’s CBDC is named the Digital Turkish Lira. The nation plans to continue the studies on the economic and legal framework around CBDCs next year.
-
Nigeria May Allow Flight Bookings, Cable and Electricity Payments With eNaira CBDC
The Central Bank of Nigeria (CBN) is reportedly looking to allow people to use the eNaira for day-to-day payments. Nigeria’s apex bank has partnered with mobile banking firm called Bizi Mobile to facilitate user payments via its CBDC. The CBN official also said that eNaira could help poverty-ridden Nigerians who will get compensations from the go...
-
Nigerian Central Bank To Launch Digital Currency Within Days: Godwin Emefiele
The Central Bank of Nigeria (CBN) will launch the eNaira, its digital currency, in a couple of days from now, Governor Godwin Emefiele said on Thursday.
-
Amid Crypto Boom, Nigeria, Ghana In Race To Have Own Digital Currency
Central banks in Nigeria and Ghana have partnered with foreign financial tech companies to create digital versions of their currencies, joining the global train of countries exploring the initiative
-
Nigeria to Launch Its Own Cryptocurrency 'eNaira' in Partnership With Bitt
Nigeria's Central Bank announced Monday that it will work with Bitt as a technical partner in its bid to launch its own cryptocurrency called the "eNaira".
-
136 Children Kidnapped From Islamic School In Nigeria
Gunmen seized 136 children from an Islamic seminary in central Nigeria at the weekend, the state government said, the latest in a string of such incidents plaguing Africa's most populous nation.
-
Scores Of Children Kidnapped From Islamic Seminary In Nigeria: Authorities
Gunmen on Sunday kidnapped scores of children from an Islamic seminary in central Nigeria's Niger state, police and residents said.
