ABUJA — In the wake of the Securities and Exchange Commission (SEC) Nigeria’s sweeping move to recapitalize the capital market, the nation’s intercommunity group has issued a formal statement about…
LAGOS, NIGERIA – Blockchain Experts Association of Nigeria (BEAN)—founded in 2016 as the Blockchain Nigeria User Group (BNUG), has formally reacted to the Securities and Exchange Commission (SEC) Nigeria’s recent…
The X Space discussion titled “The Billion Naira Filter: Will Local Innovators Survive the New SEC Rules on VASPs?” was held 16 January 2026, courtesy of the Stanley Golomo-led Restoration…
In a move designed to transform the Nigerian capital market from a market of participants into a fortress of financial stability, Nigeria’s Securities and Exchange Commission (SEC) has officially “raised…
Earlier this week, President Bola Tinubu directed financial and capital market authorities to monitor the increasing use of stablecoins and cryptocurrencies in Nigeria. This move acknowledges the rapid transformation of…
In a significant move to foster innovation and financial inclusion, the Director-General of Nigeria’s Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has announced that the country is now open…
Nigeria’s Securities and Exchange Commission (SEC Nigeria) has issued a public warning against Crypto Bridge Exchange (CBEX), operating under the corporate identity of ST Technologies International Ltd, also known as…
The recent collapse of the latest Ponzi scheme in Nigeria, Crypto Bridge Exchange or CBEX, has left many Nigerians devastated, with losses estimated in hundreds of millions of naira. The…
As reported earlier, Nigeria made a groundbreaking move by officially recognizing virtual assets and investment contracts as securities with the signing of the Investment and Securities Act (ISA) 2024 by…
Nigeria’s crypto ecosystem is experiencing significant growth, thanks to the Securities and Exchange Commission’s (SEC) decision to issue provisional crypto operations licenses to two startups, Busha and Quidax, in August…