In a landmark move, Nigeria has taken a crucial step towards regulating its rapidly growing cryptocurrency industry. President Bola Ahmed Tinubu signed the Investments and Securities Act (ISA) […]
Nigeria President Signs Law Classifying Cryptocurrency as Securities
Nigerian President Bola Tinubu has signed the Investments and Securities Act 2024, establishing a framework for regulating cryptocurrency in the country. The act classifies cryptocurrencies as securities under […]
Nigeria Officialy Recognizes Crypto as Securities
In a landmark move for the Nigerian crypto industry, President Bola Ahmed Tinubu signed the Investments and Securities Act (ISA) 2025, officially acknowledging cryptocurrencies as an asset class. […]
Nigeria Legalizes Crypto: Officially Recognizes Assets as Securities
Nigeria has taken a decisive step toward regulating its crypto industry by officially recognizing digital assets as securities under the new Investments and Securities Act (ISA) 2025, signed […]
Equinix Opens New Data Center Expansion in Lagos: Boosting Nigeria’s Digital Economy
Equinix has inaugurated its latest data center expansion in Lagos, designated LG2.3, marking a significant step forward for Nigeria’s digital transformation efforts. This new facility will provide advanced […]
Yahoo School Raid: Police Arrest Cybercriminals, Rescue Underage Trainee
The Lagos State Police have dismantled a notorious cybercrime operation known as a ‘Yahoo School’, arresting four experienced fraudsters and six trainees, including an underage boy of just […]
Nigeria’s Crypto Market Soars: New Laws Drive $59 Billion Growth
Nigeria’s crypto market experienced remarkable growth, surpassing $59 billion in trades between July 2023 and June 2024. This surge is fueled by a combination of rising investor confidence […]
Nigerian SEC Enforces Tough Penalties on Ponzi Scheme Promoters
The Nigerian Securities and Exchange Commission (SEC) has announced a significant change in the fight against Ponzi schemes, thanks to the recently enacted Investment and Securities Act (ISA) […]
Nigeria’s Crypto Market Booms, Reaching $59 Billion in Transactions
Nigeria has emerged as Africa’s largest crypto market, recording a staggering $59 billion worth of cryptocurrency transactions in the past year. This rise can be attributed to several […]
Unlocking AI Potential: How Nigerian Financial Institutions Can Drive Innovation
Nigeria is poised to become a global leader in artificial intelligence (AI) thanks to its large population, young, tech-savvy citizens, and vast potential for digital innovation. However, despite […]
Binance Faces $81.5B Lawsuit in Nigeria: Crypto Exchange Under Fire
The Nigerian government has escalated its legal conflict with Binance, the world’s largest cryptocurrency exchange. Officials are demanding a staggering $81.5 billion in damages, accusing Binance of tax […]
Binance Sued for $81.5B Over Tax Evasion & Naira Depreciation: Nigerian Government Demands Action
Nigeria is escalating its legal dispute with Binance, the world’s largest cryptocurrency exchange. The Nigerian government is seeking a staggering $81.5 billion in damages, accusing Binance of tax […]
Binance Faces $81.5 Billion Lawsuit in Nigeria: A Major Turning Point in Crypto Regulation
Nigeria is escalating its legal confrontation with Binance, the world’s largest cryptocurrency exchange. The Nigerian government has filed a lawsuit seeking $81.5 billion in damages, accusing Binance of […]
Binance Faces $81 Billion Lawsuit in Nigeria: A Breakdown
Nigeria has escalated its legal dispute with Binance, the world’s leading cryptocurrency exchange. The Nigerian government is demanding $81.5 billion in damages, accusing Binance of tax evasion and […]
Why Nigeria Needs Decentralized Finance: A Case for Blockchain Innovation
The rise of decentralized systems has revolutionized efficiency and transparency in industries, particularly finance. However, a common misconception about these systems is that they lack regulation, which limits […]