Browsing: Nigeria

Nigeria’s fintech ecosystem — one of the largest and fastest-growing in Africa — is undergoing a major regulatory shift. The…

Africa’s two largest economies, Nigeria and South Africa, have officially been removed from the Financial Action Task Force (FATF) “grey…

According to Securities and Exchange Commission (Nigeria) (SEC) Director-General Emomotimi Agama, Nigeria witnessed cryptocurrency transactions exceeding US $50 billion (approximately…

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.

What’s Changing? Starting January 1, 2026, Nigeria will begin imposing income tax on profits from individual cryptocurrency transactions and exchanges.…

Nigerians can now invest in U.S. stocks through a new chapter in retail investing. This is made possible by the…