Is Binance leaving Nigeria?

Techpoint Africa Podcast

On today's podcast, we discuss:

• Binance stopping naira deposits and withdrawals
• Nigeria fining Binance
• The Brass story
• MTN Nigeria's losses in 2023

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Timestamps

00:00 - Intro

01:14 - What happened with Binance in Nigeria?

16:43 - The Brass story

33:04 - MTN Nigeria's first loss in six years

Useful links

• Nigerian fintech Brass blames funding winter for customer withdrawal delays
• Binance will no longer allow naira deposits and withdrawals as it discontinues all services in the Nigerian currency
• Nigeria fines Binance $10bn amidst investigation of crypto exchange
• MTN Nigeria records N177.8b loss in 2023 , shareholders funds erased

This episode was produced by Ogheneruemu Oneyibo

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Music - Beach by MBB - https://www.youtube.com/watch?v=dEnQ8dHwDSk

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