The Central Bank of Nigeria’s most recent strategy paper emphasized the need to establish a legal framework for stablecoins. Nigeria also declares its readiness to accept the existence of private stablecoins, citing its position as one of the world’s early adopters of its own central bank digital currency (CBDC). In the most recent strategy paper…
The Nigerian economy has been facing some major challenges in recent years. However, economic problems have been brought to the fore in the past six years when oil prices started declining. The sharp drop in oil prices, combined with other huge problems, caused the Naira, the national currency, to experience heightened inflation. Due to inflation,…
After having so much participation in bitcoin parties, participating and hosting meet-ups and seminars in Nigeria, we deemed it necessary to provide more education on cryptocurrency tradings to Nigerians as a basic social responsibility for a trading platform. Therefore, we launched a CoinCola Academy cooperated with professional and verified coaches, which aims to educate from…
CoinCola has a long term vision and goal in the global crypto space and Nigeria in particular. This goal and vision propelled the Chinese team of CoinCola to make an effort towards entering the African crypto space. After the first meet-up in Unilag, we thought it necessary to increase the presence and brand of CoinCola…
Recently an internationally recognized organization (Unicef) announced that they’ve started accepting cryptocurrencies for donations. This news came as a relief to crypto believers because it further proofs cryptocurrency is real and has a future. The UN children’s agency, Unicef, has announced it is accepting and disbursing donations through cryptocurrencies ether and bitcoin. The new Cryptocurrency…
Education is the key to connecting anyone to any desired destination in financial freedom. A wise man once said the different between the rich and the poor is knowledge, the rich know what the poor don’t. Gaining knowledge cannot be overemphasized because it’s the foundation of everything we have in the world presently. One challenge…
Lagos has been hitting up with lost of crypto events and innovation this 2019, with several blockchain conferences, hackathons, meet-ups, Lagos seems to be the heart of crypto and blockchain education and innovation in Nigeria. One such event is The Lagos Blockchain Conference which was held on Saturday, September 14th at techubspaces Ikeja, Lagos. The…
Recently, cryptocurrency enthusiasts in Lagos had a knowledge sharing moment at PlayPlace to network and discuss the latest business trends and opportunities that are available in the blockchain and cryptocurrency space in Nigeria and around Africa. Samuel Joseph,The regional manager for CoinCola, was present at the crypto hangout. He gave a brief introduction to Blockchain…
On the 31st of August, the CoinCola team in Nigeria joined the vaultbridge team to educate Nigerians about crypto, blockchain and cybersecurity in Lagos Nigeria. The event had several cryptocurrencies and cybersecurity experts such as Joseph Samuel Joseph (CoinCOla regional Manager), Dash Nigeria team (Nathaniel Luz), Olufemi Obadare (a cybersecurity expert) and a host of…