CRYPTOCURRENCIES

Central Bank of Nigeria (CBN) has begun an inclusive campaign for grassroot adoption of its digital currency, eNaira. The bank engaged some commercial drivers in the Federal Capital Territory yesterday to educate them on how to use the digital currency with a focus on making them ambassadors to drive the …

CRYPTO TERMINOLOGIES AND ABBREVIATIONS FIAT – Government-issued currencies i.e Naira, DollarBLOCKCHAIN – the technology of cryptocurrency that keeps the system secure and decentralized.DEFI – (Decentralized Finance) is an ecosystem that operates independently, free of third parties or exchanges.CEFI – (Centralized Finance) had always been the standard for trading Crypto before …