Nigeria’s SEC Boss Says Crypto Can Aid 38M Unbanked
Emomotimi Agama observed that cryptocurrencies such as Bitcoin can significantly reduce remittance costs, simplifying and reducing the cost of…
Nigerian Blockchain Group Seeks Fair Resolution in Binance Case
The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) has advocated for a fair and equitable resolution of the ongoing legal…
Nigerian SEC Introduces New Program For VASP Registration
The Nigerian Securities and Exchange Commission (SEC) has initiated a new initiative to expedite the registration process of virtual asset…
Binance Exec Legal Battle Escalates
The wife of Binance exec Gambaryan expressed her surprise at the Nigerian law enforcement agency’s refusal to release her husband,…
Nigerian High Court Dismisses Binance Exec Suit
Nigerian High Court dismissed the Binance exec suit as Nadeem Anjarwalla escaped prison and traveled to Kenya. Local press reports indicate…
Nigeria Defends Binance Exec Prosecution
Nigeria defends Binance amid US lawmakers’ criticism; the minister assured that Binance had received appropriate consular access from…
Microsoft to Close Nigeria Development Center
A spokesperson for Microsoft (MSFT.O) announced that the closure of its Africa Development Centre in Nigeria, the most populous country on the…
Nigerian Prison Fails to Bring Binance Exec to Court
FIRS has accused the Nigerian prison of failing to bring Binance Exec Tigran Gambaryan to court in Abuja. The Nigerian Correctional Service…
Nigerian Court Postpones Binance Tax Evasion Trial
After a trial stalled on Wednesday, a Nigerian judge adjourned Binance’s tax evasion case to next month for probable arraignment of the…
Nigeria Appoints New Blockchain Policy Experts
Nigeria appoints new blockchain policy experts and fresh minds to evaluate the policies guiding the implementation of the National Blockchain…
Nigeria, India Ditch USD
An early conclusion of a local currency settlement system agreement has been reached between India and Nigeria in an effort to strengthen…
Nigerian Interpol Fosters Cybersecurity for Virtual Assets
Nigerian Interpol fosters cybersecurity through virtual assets training to enable officers to tackle cybercrimes. An assembly of cybersecurity…
Nigerian Crypto Adoption Backed by IMF, Opposed by SEC
Nigerian crypto adoption backed by IMF licensing, cites remittances and investment boosts despite SEC concerns. Nigeria is advised by the…
Nigeria Arrests Binance Employee Amid Bribe Allegations
A compliance officer of the cryptocurrency exchange informed senior executives and Nigerian contacts that the company had been requested to…
Nigerian Fintechs Tighten Controls on Crypto
Inconsistent in recent years, the Nigerian central bank has adopted a stance on cryptocurrencies; the crackdown contradicts a 2021 decision to…
Nigeria’s YC-Backed Chowdeck Expands with $2.5M Funding
Chowdeck, based in Lagos, is sponsored by Y Combinator and has raised $2.5 million in venture funding. Choedeck seeks to imprint in a field…