In 2024, Nigerians showed more interest in stablecoins relative to bitcoin (BTC), and there is a resurgence in crypto trading on centralized exchanges over the past year, driven primarily by…
The Nigerian government, through its Federal Inland Revenue Service (FIRS), has filed a suit against Binance Holdings Limited (Binance). The FIRS requested the Federal High Court (FHC) in Abuja to…
In a post on X on Valentine’s Day, February 14, Binance’s Head of Financial Crimes Compliance, Tigran Gambaryan, narrated his experience in detention in Nigeria for approximately 8 months. This…
Increased adoption is not a surprise to many. In a continent where existing financial infrastructures in many countries are not as smart as the fast-growing, highly mobile and techy African…
Central Bank of Nigeria (CBN)’s Governor Mr. Olayemi Cardoso, recently unveiled two innovative digital payments solutions to aid the CBN’s operations. The Document Flow (DocFlow) System and the Ministries, Departments,…
In an exclusive interview with Channels TV on Thursday, Agbodje, emphasized Patricia’s commitment to refunding 100% of the lost funds to all customers, regardless of the outcome of law enforcement…
At the meeting, Dr. Agama emphasized the importance of consultation, transparency, and integrity in the regulatory process, acknowledging concerns about communication and the need for stakeholder input in regulation-making. He…
Nigeria’s Economic and Financial Crimes Commission (EFCC) announced on 12 December 2024 that a Federal Capital Territory (FCT) High Court has convicted one Praise Humphrey Igbo (alias Jessica Allen) for…
Approximately 42 percent respondents in the countries surveyed own cryptocurrencies currently or have previously bought them. Ownership is highest in Nigeria, South Africa, the Philippines, Vietnam, and India. Nigeria and…
A press release from the Toronto Police Service disclosed that in the fall of 2021, it received a “romance cryptocurrency fraud complaint” after the victim initially lost over $355,000 in…