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…
Gambaryan’s arrest in February sparked international attention, particularly in the cryptocurrency community. The former IRS agent and US citizen was in Nigeria to address regulatory concerns about Binance when he…
It is disappointing that Nigeria, the top African country in crypto adoption and 11th in the world in 2022, according to Chainalysis, is not among the top 30 countries with…
I acknowledge that the CBN took an important step under its new leadership, Governor Olayemi Cardoso. This is commendable. But I believe that the CBN is yet to take the…
Nigeria, Africa’s most populous nation, is no stranger to an unstable economy. What may be strange is the growing trust more and more Nigerians are gradually having in private currencies…
The well over 2-year-long ‘crypto ban’ in Nigeria has now been lifted by the Central Bank of Nigeria (CBN). In a new ‘Guidelines on Operations of Bank Accounts for Virtual…
igeria has emerged as the leading crypto economy in Africa, defying economic challenges and regulatory hurdles.
According to the just-released The Chainalysis 2023 Geography of Cryptocurrency Report, Nigeria has attained the…
Nigeria’s Central Bank Digital Currency (CBDC), the eNaira, whose launch gulped millions of Naira from the nation’s coffers, may likely hit rock bottom in its second year. The eNaira, Africa’s…