Browsing: Nigeria
Licensed bureau-de-change (BDC) operators across Nigeria say their businesses are approaching collapse after the Central Bank of Nigeria (CBN) suspended…
The Securities and Exchange Commission (SEC) Nigeria has issued an official alert cautioning investors about a digital asset called Shalom…
Nigeria’s House of Representatives Ad-Hoc Committee on cryptocurrency and POS operations has raised alarm over the Securities and Exchange Commission’s…
Africa’s crypto market is buzzing with regulatory developments this week. As of 3 October 2025, three major players — Nigeria,…
Currency swings are once again fueling the debate on crypto’s role in Africa’s financial system. The latest FX trends show…
Nigeria is intensifying its fight against fraudulent crypto platforms after schemes like Crypto Bridge Exchange (CBEX) allegedly trapped more than $800 million in user funds. The EFCC has launched investigations and public awareness campaigns to protect investors.
Crypto exchange Bitget has launched a blockchain and stock investing education program in Lagos, Nigeria, aimed at youth and first-time…
What’s Changing? Starting January 1, 2026, Nigeria will begin imposing income tax on profits from individual cryptocurrency transactions and exchanges.…
Nigeria’s crypto ecosystem is showing strong resilience in 2025. New data estimates that around 25.86 million users are now interacting…
Nigeria has emerged as the world’s top stablecoin adopter with about 25.9 million users and nearly 12% penetration, according to…