Gadgets Africa
  • News
    Flutterwave gets payments licenses in Egypt

    Flutterwave gets payments licenses in Egypt

    How Kenya sets pace with eco-friendly policies

    How Kenya sets pace with eco-friendly policies

    2023 census: How Zinox Technologies bagged FG's N85bn contract

    2023 census: How Zinox Technologies bagged FG’s N85bn contract

    Microsoft launches Bing, Edge with ChatGPT functions

    Microsoft launches Bing, Edge with ChatGPT functions

    WhatsApp users can now post voice notes as statuses

    WhatsApp users can now post voice notes as statuses

    US startup powers electricity grid with used EV battery

    US startup powers electricity grid with used EV battery

    Nissan to acquire 15% Renault EV stake

    Nissan to acquire 15% Renault EV stake

    Fraud: US court clears Elon Musk over 2018 Tesla tweet

    Court declares Musk not guilty over Tesla tweet

    Pinterest lays off 150 staff

    Pinterest lays off 150 staff

  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders
Gadgets Africa
No Result
View All Result

Nigeria, Binance partner to develop digital econimic zone

by Sam Adeniyi
September 5, 2022
in Cryptocurrency
Reading Time: 1 min read
Nigeria, Binance partner to develop digital econimic zone

FILE

Share on FacebookShare on TwitterShare on Telegram

The Federal Government and popular cryptocurrencies platform Binance Holdings Ltd. are set to create a digital economic zone.

According to Bloomberg, the digital economic zone is aimed at helping entrepreneurs fast-track blockchain technology among West African nations.

The partnership aims to build a digital hub, “similar to the Dubai virtual free zone,” according to a statement by the Nigeria Export Processing Zones Authority.

This is coming on the reels of Nigeria’s acceptance of cryptocurrency since its circulation as a report by CoinGecko revealed that Nigeria showed more interest in cryptocurrencies than any other country.

To maximise the current technology surge in the country, Nigeria is looking towards digital technology as a means to help diversify the economy away from crude oil, taking advantage of an increasingly connected and youthful population.

The government this year enacted regulations for trade in digital assets while Nigeria Exchange Ltd. plans to start a blockchain-enabled platform next year to deepen trade at the bourse.

Related Posts

Illicit crypto transactions hit $20b in 2022
Cryptocurrency

Illicit crypto transactions hit $20b in 2022

by Joy Onuorah
January 22, 2023
I didn't steal FTX funds - Bankman-Fried
Cryptocurrency

I didn’t steal FTX funds – Bankman-Fried

by Joy Onuorah
January 12, 2023
Crypto firm Coinbase to lay off 20% workforce
Cryptocurrency

Crypto firm Coinbase to lay off 20% workforce

by Joy Onuorah
January 10, 2023
FTX teams with liquidators to coordinate crypto recovery efforts
Cryptocurrency

FTX teams with liquidators to coordinate crypto recovery efforts

by Joy Onuorah
January 7, 2023
Next Post
Macron slams TikTok algorithm over censorship, addiction

TikTok to hire managers from Nigeria, others

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Elon Musk sets $8 monthly charge for verified Twitter accounts

Twitter takes Musk’s influence to uncharted territory – Report

October 30, 2022
Musk, Twitter legal battle still on - Judge

No Twitter deal without clarity on spam accounts, says Elon Musk

May 17, 2022

Trending.

PHOTOS: Pantami meets Twitter, Facebook representatives

PHOTOS: Pantami meets Twitter, Facebook representatives

August 5, 2022
Lawmaker secures FG funding for Oyo AI company

Lawmaker secures FG funding for Oyo AI company

January 19, 2023
CBN grants Airtel approval to operate mobile money banking

CBN grants Airtel approval to operate mobile money banking

April 27, 2022
Microsoft services return to normal after hour-long downtime

Microsoft services return to normal after hour-long downtime

January 25, 2023
India fines Google $162m over market dominance

Explosion rocks Google’s data centre, injures three

August 9, 2022
Gadgets Africa

© 2023 Gadgets Africa.

Navigate Site

  • News
  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders

Share

No Result
View All Result
  • News
  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders

© 2023 Gadgets Africa.

Go to mobile version